QuinStreet
QNST
141 hedge funds and large institutions have $669M invested in QuinStreet in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 49 reducing their positions, and 23 closing their positions.
625% more call options, than puts
Call options by funds: $1.65M | Put options by funds: $228K
51% more capital invested
Capital invested by funds: $444M → $669M (+$224M)
5.08% more ownership
Funds ownership: 90.47% → 95.56% (+5.1%)
6% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 49
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 146 → 141 (-5)
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$15.6M |
| 2 |
Morgan Stanley
New York
|
+$13.7M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$7.99M |
| 4 |
BlackRock
New York
|
+$5.44M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$15.5M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$7.48M |
| 3 |
Impax Asset Management Group
London,
United Kingdom
|
-$3.94M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$2.38M |
| 5 |
JAM
Jacobs Asset Management
New York
|
-$1.86M |
QNST Hedge Fund Activity: Q4 2023 in Review
141 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q4 2023, worth a combined $669M — up 51% from $444M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of QNST and 18 opened new positions — a net loss of 5 holders — while 49 trimmed existing stakes and 52 added.
The largest buyer was Millennium Management, adding an estimated $15.6M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $15.5M.
- 141 institutional investors held QuinStreet (QNST) as of Q4 2023, down from 146 in Q3 2023.
- Funds reported $669M of QuinStreet stock for Q4 2023, up 51% quarter-over-quarter.
- 18 funds opened new QuinStreet positions in Q4 2023 and 23 closed out, a net change of -5 holders.
- The largest QuinStreet buyer in Q4 2023 was Millennium Management, an estimated $15.6M added.
- The largest QuinStreet seller in Q4 2023 was Thrivent Financial for Lutherans, an estimated $15.5M sold.
Based on aggregated 13F filings for Q4 2023.