Cheetah Mobile
CMCM
56 hedge funds and large institutions have $86.4M invested in Cheetah Mobile in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 11 reducing their positions, and 12 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 11
4% more call options, than puts
Call options by funds: $1.44M | Put options by funds: $1.38M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.02% less ownership
Funds ownership: 0.51% → 0.49% (-0.02%)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
3% less funds holding
Funds holding: 58 → 56 (-2)
24% less capital invested
Capital invested by funds: $113M → $86.4M (-$26.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$6.35M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$6.14M |
| 3 |
PM
Parametrica Management
Wanchai,
Hong Kong
|
+$5.84M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$517K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$464K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
-$7.73M |
| 2 |
JPCCM
J&P (China) Capital Management
Hong Kong,
China
|
-$6.03M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$3.83M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.21M |
| 5 |
D.E. Shaw & Co
New York
|
-$1.18M |
CMCM Hedge Fund Activity: Q3 2017 in Review
56 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cheetah Mobile (CMCM) for Q3 2017, worth a combined $86.4M — down 24% from $113M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of CMCM and 11 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 24 added.
The largest buyer was Millennium Management, adding an estimated $6.35M. The largest seller was TB Alternative Assets, exiting entirely with an estimated $7.73M sold.
- 56 institutional investors held Cheetah Mobile (CMCM) as of Q3 2017, down from 58 in Q2 2017.
- Funds reported $86.4M of Cheetah Mobile stock for Q3 2017, down 24% quarter-over-quarter.
- 11 funds opened new Cheetah Mobile positions in Q3 2017 and 12 closed out, a net change of -1 holder.
- The largest Cheetah Mobile buyer in Q3 2017 was Millennium Management, an estimated $6.35M added.
- The largest Cheetah Mobile seller in Q3 2017 was TB Alternative Assets, an estimated $7.73M sold.
Based on aggregated 13F filings for Q3 2017.