QuinStreet
QNST
142 hedge funds and large institutions have $429M invested in QuinStreet in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 51 increasing their positions, 44 reducing their positions, and 29 closing their positions.
318% more call options, than puts
Call options by funds: $3.98M | Put options by funds: $952K
16% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 44
0.05% more ownership
Funds ownership: 89.71% → 89.76% (+0.05%)
7% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 29
1% less funds holding
Funds holding: 144 → 142 (-2)
44% less capital invested
Capital invested by funds: $767M → $429M (-$338M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$7.2M |
| 2 |
Impax Asset Management Group
London,
United Kingdom
|
+$6.95M |
| 3 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$6.85M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$6.31M |
| 5 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Chicago Capital
Chicago,
Illinois
|
-$38.3M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$29M |
| 3 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$3.49M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.15M |
| 5 |
AFG
Allegheny Financial Group
Pittsburgh,
Pennsylvania
|
-$2.19M |
QNST Hedge Fund Activity: Q2 2023 in Review
142 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q2 2023, worth a combined $429M — down 44% from $767M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of QNST and 27 opened new positions — a net loss of 2 holders — while 44 trimmed existing stakes and 51 added.
The largest buyer was William Blair Investment Management, adding an estimated $7.2M. The largest seller was Chicago Capital, exiting entirely with an estimated $38.3M sold.
- 142 institutional investors held QuinStreet (QNST) as of Q2 2023, down from 144 in Q1 2023.
- Funds reported $429M of QuinStreet stock for Q2 2023, down 44% quarter-over-quarter.
- 27 funds opened new QuinStreet positions in Q2 2023 and 29 closed out, a net change of -2 holders.
- The largest QuinStreet buyer in Q2 2023 was William Blair Investment Management, an estimated $7.2M added.
- The largest QuinStreet seller in Q2 2023 was Chicago Capital, an estimated $38.3M sold.
Based on aggregated 13F filings for Q2 2023.