BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
BEST was delisted on the 7th of March, 2025.
99 hedge funds and large institutions have $510M invested in BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares in 2020 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 30 increasing their positions, 32 reducing their positions, and 23 closing their positions.
22% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 23
1% more funds holding
Funds holding: 98 → 99 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.61% less ownership
Funds ownership: 25.16% → 24.55% (-0.61%)
6% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 32
10% less call options, than puts
Call options by funds: $662K | Put options by funds: $732K
6% less capital invested
Capital invested by funds: $544M → $510M (-$33.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$8.23M |
| 2 |
BlackRock
New York
|
+$3.38M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.06M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.02M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$10.1M |
| 2 |
Goldman Sachs
New York
|
-$9.21M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.39M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.6M |
| 5 |
Two Sigma Investments
New York
|
-$2.21M |
BEST Hedge Fund Activity: Q1 2020 in Review
99 of the 4,547 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 2020, worth a combined $510M — down 6.1% from $544M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BEST positions and 23 closed out — a net gain of 5 holders — while 30 added to existing stakes and 32 trimmed.
The largest buyer was TimesSquare Capital Management, adding an estimated $8.23M. The largest seller was Millennium Management, cutting an estimated $10.1M.
- 99 institutional investors held BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares (BEST) as of Q1 2020, up from 98 in Q4 2019.
- Funds reported $510M of BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares stock for Q1 2020, down 6.1% quarter-over-quarter.
- 28 funds opened new BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares positions in Q1 2020 and 23 closed out, a net change of +5 holders.
- The largest BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares buyer in Q1 2020 was TimesSquare Capital Management, an estimated $8.23M added.
- The largest BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares seller in Q1 2020 was Millennium Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2020.