Cheetah Mobile
CMCM
36 hedge funds and large institutions have $130M invested in Cheetah Mobile in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 19 closing their positions.
319% more call options, than puts
Call options by funds: $239K | Put options by funds: $57K
111% more capital invested
Capital invested by funds: $61.4M → $130M (+$68.1M)
0.64% more ownership
Funds ownership: 0.46% → 1.1% (+0.64%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
12% less funds holding
Funds holding: 41 → 36 (-5)
16% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 19
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$17.6M |
| 2 |
NYLIM
New York Life Investment Management
New York
|
+$5.27M |
| 3 |
Citigroup
New York
|
+$1.91M |
| 4 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$1.78M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
-$15.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$13.5M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$8.1M |
| 4 |
Millennium Management
New York
|
-$3.61M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IRS
51
Invictus RG (Singapore)
Singapore
| – | -$58K | -640 | Closed |
|
|
RFC
52
Russell Frank Company
Seattle,
Washington
| – | -$47K | -515 | Closed |
|
|
MUMSS
53
Mitsubishi UFJ Morgan Stanley Securities
Tokyo,
Japan
| – | -$45K | -488 | Closed |
|
54
Envestnet Asset Management
Chicago,
Illinois
| – | -$9K | -101 | Closed |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| – | -$2K | -20 | Closed |
|
CMCM Hedge Fund Activity: Q4 2014 in Review
36 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Cheetah Mobile (CMCM) for Q4 2014, worth a combined $130M — up 111% from $61.4M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CMCM and 16 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $17.6M. The largest seller was Hillhouse Investment Management, exiting entirely with an estimated $15.4M sold.
- 36 institutional investors held Cheetah Mobile (CMCM) as of Q4 2014, down from 41 in Q3 2014.
- Funds reported $130M of Cheetah Mobile stock for Q4 2014, up 111% quarter-over-quarter.
- 16 funds opened new Cheetah Mobile positions in Q4 2014 and 19 closed out, a net change of -3 holders.
- The largest Cheetah Mobile buyer in Q4 2014 was Guggenheim Capital, an estimated $17.6M added.
- The largest Cheetah Mobile seller in Q4 2014 was Hillhouse Investment Management, an estimated $15.4M sold.
Based on aggregated 13F filings for Q4 2014.