Dada Nexus
DADA
DADA was delisted on the 16th of June, 2025.
67 hedge funds and large institutions have $42M invested in Dada Nexus in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 18 closing their positions.
258% more call options, than puts
Call options by funds: $333K | Put options by funds: $93K
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
1.58% less ownership
Funds ownership: 4.72% → 3.14% (-1.6%)
11% less funds holding
Funds holding: 75 → 67 (-8)
44% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 18
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
59% less capital invested
Capital invested by funds: $101M → $42M (-$59.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.3M |
| 2 |
Morgan Stanley
New York
|
+$1.27M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$1.21M |
| 4 |
HA
HHLR Advisors
Grand Cayman,
Cayman Islands
|
+$1.08M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$744K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tekne Capital Management
New York
|
-$17.8M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$13M |
| 3 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$3.51M |
| 4 |
TIAM
TT International Asset Management
London,
United Kingdom
|
-$2.04M |
| 5 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$288K | -140,355 | Closed |
|
|
PCM
77
Penserra Capital Management
Orinda,
California
| – | -$195K | -95,537 | Closed |
|
|
EC
78
EntryPoint Capital
New York
| – | -$115K | -55,899 | Closed |
|
|
QT
79
Quantbot Technologies
New York
| – | -$70.8K | -34,558 | Closed |
|
|
PFGIA
80
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$61.1K | -29,815 | Closed |
|
|
N
81
Natixis
Paris,
France
| – | -$51K | -25,000 | Closed |
|
82
Belvedere Trading
Chicago,
Illinois
| – | -$46.5K | -22,678 | Closed |
|
|
LFAS
83
Level Four Advisory Services
Dallas,
Texas
| – | -$69.5K | -20,925 | Closed |
|
84
Wolverine Trading
Chicago,
Illinois
| – | -$40.3K | -19,676 | Closed |
|
|
VF
85
Virtu Financial
New York
| – | -$28K | -13,657 | Closed |
|
DADA Hedge Fund Activity: Q2 2024 in Review
67 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Dada Nexus (DADA) for Q2 2024, worth a combined $42M — down 59% from $101M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of DADA and 10 opened new positions — a net loss of 8 holders — while 17 trimmed existing stakes and 25 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.3M. The largest seller was Tekne Capital Management, exiting entirely with an estimated $17.8M sold.
- 67 institutional investors held Dada Nexus (DADA) as of Q2 2024, down from 75 in Q1 2024.
- Funds reported $42M of Dada Nexus stock for Q2 2024, down 59% quarter-over-quarter.
- 10 funds opened new Dada Nexus positions in Q2 2024 and 18 closed out, a net change of -8 holders.
- The largest Dada Nexus buyer in Q2 2024 was Millennium Management, an estimated $1.3M added.
- The largest Dada Nexus seller in Q2 2024 was Tekne Capital Management, an estimated $17.8M sold.
Based on aggregated 13F filings for Q2 2024.