QuinStreet
QNST
155 hedge funds and large institutions have $366M invested in QuinStreet in 2020 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 46 increasing their positions, 57 reducing their positions, and 36 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
3% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 36
3% less funds holding
Funds holding: 160 → 155 (-5)
3.86% less ownership
Funds ownership: 92.27% → 88.4% (-3.9%)
19% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 57
49% less capital invested
Capital invested by funds: $723M → $366M (-$357M)
93% less call options, than puts
Call options by funds: $64K | Put options by funds: $949K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$12.1M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$7.51M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$6.35M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$6.23M |
| 5 |
VC
Voss Capital
Houston,
Texas
|
+$6.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$30.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$21.1M |
| 3 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$18M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$8.56M |
| 5 |
EARNEST Partners
Atlanta,
Georgia
|
-$4.68M |
QNST Hedge Fund Activity: Q1 2020 in Review
155 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q1 2020, worth a combined $366M — down 49% from $723M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of QNST and 35 opened new positions — a net loss of 1 holder — while 57 trimmed existing stakes and 46 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $12.1M. The largest seller was Park West Asset Management, exiting entirely with an estimated $30.6M sold.
- 155 institutional investors held QuinStreet (QNST) as of Q1 2020, down from 160 in Q4 2019.
- Funds reported $366M of QuinStreet stock for Q1 2020, down 49% quarter-over-quarter.
- 35 funds opened new QuinStreet positions in Q1 2020 and 36 closed out, a net change of -1 holder.
- The largest QuinStreet buyer in Q1 2020 was Citadel Advisors, an estimated $12.1M added.
- The largest QuinStreet seller in Q1 2020 was Park West Asset Management, an estimated $30.6M sold.
Based on aggregated 13F filings for Q1 2020.