BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
BEST was delisted on the 7th of March, 2025.
21 hedge funds and large institutions have $3.6M invested in BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares in 2024 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
17% more capital invested
Capital invested by funds: $3.08M → $3.6M (+$525K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 23 → 21 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
49% less call options, than puts
Call options by funds: $711K | Put options by funds: $1.39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$479K |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$230K |
| 3 |
Pictet Asset Management
Carouge,
Switzerland
|
+$88.3K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$49.5K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$7.57K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$133K |
| 2 |
Renaissance Technologies
New York
|
-$54.2K |
| 3 |
FIA
FNY Investment Advisers
New York
|
-$50K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$49.6K |
| 5 |
CM
Crystalline Management
Montreal, Quebec,
Canada
|
-$36.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$2.93K | -1,066 | Closed |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -1,050 | Closed |
|
BEST Hedge Fund Activity: Q3 2024 in Review
21 of the 6,964 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 Q3 2024, worth a combined $3.6M — up 17% from $3.08M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BEST and 5 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Skandinaviska Enskilda Banken (SEB), opening a new position worth an estimated $479K. The largest seller was Beryl Capital Management, exiting entirely with an estimated $133K sold.
- 21 institutional investors held BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares (BEST) as of Q3 2024, down from 23 in Q2 2024.
- Funds reported $3.6M of BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares stock for Q3 2024, up 17% quarter-over-quarter.
- 5 funds opened new BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares positions in Q3 2024 and 7 closed out, a net change of -2 holders.
- The largest BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares buyer in Q3 2024 was Skandinaviska Enskilda Banken (SEB), an estimated $479K added.
- The largest BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares seller in Q3 2024 was Beryl Capital Management, an estimated $133K sold.
Based on aggregated 13F filings for Q3 2024.