QuinStreet
QNST
148 hedge funds and large institutions have $466M invested in QuinStreet in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 63 increasing their positions, 46 reducing their positions, and 21 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 46
27% more capital invested
Capital invested by funds: $366M → $466M (+$99.4M)
2.72% less ownership
Funds ownership: 88.4% → 85.68% (-2.7%)
5% less funds holding
Funds holding: 155 → 148 (-7)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
74% less call options, than puts
Call options by funds: $223K | Put options by funds: $858K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$7.19M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$5.37M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.62M |
| 4 |
Renaissance Technologies
New York
|
+$3.15M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$9.09M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.45M |
| 3 |
VC
Voss Capital
Houston,
Texas
|
-$4.21M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
-$3.24M |
| 5 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$2.12M |
QNST Hedge Fund Activity: Q2 2020 in Review
148 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q2 2020, worth a combined $466M — up 27% from $366M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of QNST and 16 opened new positions — a net loss of 5 holders — while 46 trimmed existing stakes and 63 added.
The largest buyer was William Blair Investment Management, adding an estimated $7.19M. The largest seller was Victory Capital Management, cutting an estimated $9.09M.
- 148 institutional investors held QuinStreet (QNST) as of Q2 2020, down from 155 in Q1 2020.
- Funds reported $466M of QuinStreet stock for Q2 2020, up 27% quarter-over-quarter.
- 16 funds opened new QuinStreet positions in Q2 2020 and 21 closed out, a net change of -5 holders.
- The largest QuinStreet buyer in Q2 2020 was William Blair Investment Management, an estimated $7.19M added.
- The largest QuinStreet seller in Q2 2020 was Victory Capital Management, an estimated $9.09M sold.
Based on aggregated 13F filings for Q2 2020.