The net selling by passive/index funds (Schwab, Invesco) suggests index rebalancing or de-risking, while active quant buyers (Citadel, D.E. Shaw, Trexquant) are accumulating at lower prices. Monitor for further insider selling or earnings deterioration; the 0% bullish analyst consensus and negative historical call performance indicate continued downside risk.
Executive Summary
A mixed institutional cluster in NUS for Q3 2024 shows 11 buyers adding $7.4M in net new holdings (led by Citadel, D.E. Shaw, and Trexquant) while 14 sellers reduced positions by $15.1M (led by Schwab and Invesco). The net selling pressure of ~$7.7M is notable given the stock's 0% analyst bullish consensus and poor historical performance, suggesting continued institutional de-risking despite some quant-driven accumulation.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$7.7M
▲ Buyers (11)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Citadel | DOUBLED | +311.9% | $5.8M | $3.8M |
| D.E. Shaw | ADD | +53.8% | $14.9M | $1.0M |
| Trexquant Investment | DOUBLED | +122.3% | $4.0M | $1.4M |
| Walleye Capital | DOUBLED | +267.8% | $2.1M | $1.3M |
▼ Sellers (14)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Schwab | TRIM | -26.9% | $13.1M | -$6.4M |
| Invesco | NEAR_EXIT | -84.4% | $5.7M | -$5.1M |
| Ameriprise Financial | TRIM | -54.7% | $2.6M | -$1.8M |
| Bridgewater | TRIM | -52.8% | $723.0K | -$484.1K |
Key Facts
- 11 institutional buyers added $7.4M in net new holdings; 14 sellers reduced by $15.1M
- Net institutional outflow of ~$7.7M in Q3 2024
- Citadel doubled its position (+311.9% shares, +$3.8M value) — largest buyer
- D.E. Shaw added 53.8% shares (+$1.0M value)
- Schwab trimmed 26.9% (-$6.4M) and Invesco near-exited (-84.4%, -$5.1M) — largest sellers
- Analyst consensus is 0% bullish (3 Hold, 4 Sell, 1 Strong Sell)
- Recent insider activity shows 2 sells totaling $82K in the past 30 days
Financial Impact
Net institutional outflow of ~$7.7M in Q3 2024, with buyers adding $7.4M and sellers reducing $15.1M
Risk Factors
- Continued institutional selling pressure from passive funds
- Negative analyst consensus (0% bullish) and poor historical stock performance
- Insider selling pattern (2 sells in 30 days) despite low stock price
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-NUS-2024-Q3 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 10, 2026 7w ago | 8-K | $4.87 $4.85 | ▲ +0.41% | ▼ −0.65% | — |
Jun 12, 2026 16w ago | Institutional Cluster | $5.47 $5.23 | ▲ +4.39% | ▲ +6.17% | — |
May 8, 2026 21w ago | 8-K | $6.63 $5.44 | ▼ −17.95% | ▼ −17.64% | — |
Apr 3, 2026 26w ago | DEFA14A | $7.52 $7.05 | ▼ −6.25% | ▼ −15.23% | — |
US Market Status
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