BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
BEST was delisted on the 7th of March, 2025.
19 hedge funds and large institutions have $3.4M invested in BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 7 closing their positions.
44% more capital invested
Capital invested by funds: $2.36M → $3.4M (+$1.03M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
24% less funds holding
Funds holding: 25 → 19 (-6)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$119K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.36K |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.96K |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$2.11K |
| 5 |
Renaissance Technologies
New York
|
+$147 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$63K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.93K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$9.59K |
| 4 |
VF
Virtu Financial
New York
|
-$8K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5.85K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
BNP Paribas Financial Markets
Paris,
France
| – | -$1 | – | – |
|
BEST Hedge Fund Activity: Q1 2023 in Review
19 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares (BEST) for Q1 2023, worth a combined $3.4M — up 44% from $2.36M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BEST and 1 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Citadel Advisors, adding an estimated $119K. The largest seller was JP Morgan Chase, exiting entirely with an estimated $63K sold.
- 19 institutional investors held BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares (BEST) as of Q1 2023, down from 25 in Q4 2022.
- Funds reported $3.4M of BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares stock for Q1 2023, up 44% quarter-over-quarter.
- 1 fund opened new BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares positions in Q1 2023 and 7 closed out, a net change of -6 holders.
- The largest BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares buyer in Q1 2023 was Citadel Advisors, an estimated $119K added.
- The largest BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares seller in Q1 2023 was JP Morgan Chase, an estimated $63K sold.
Based on aggregated 13F filings for Q1 2023.