E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM)
DANG
DANG was delisted on the 20th of September, 2016.
65 hedge funds and large institutions have $99.4M invested in E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM) in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 22 closing their positions.
69% more call options, than puts
Call options by funds: $10.1M | Put options by funds: $5.99M
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
10% less funds holding
Funds holding: 72 → 65 (-7)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
42% less capital invested
Capital invested by funds: $173M → $99.4M (-$73.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
+$9.88M |
| 2 |
Morgan Stanley
New York
|
+$8.22M |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$7.6M |
| 4 |
First Manhattan
New York
|
+$2.71M |
| 5 |
KA
Kerrisdale Advisers
Miami,
Florida
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$15M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$13M |
| 3 |
PC
Passport Capital
San Francisco,
California
|
-$11M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.17M |
| 5 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$4.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PG
76
PEAK6 Group
Chicago,
Illinois
| – | -$413K | -63,181 | Closed |
|
|
CS
77
Credit Suisse
Zurich,
Switzerland
| – | -$353K | -39,232 | Closed |
|
|
BCM
78
BlueCrest Capital Management
St Helier,
Jersey
| – | -$248K | -27,588 | Closed |
|
79
Squarepoint
New York
| – | -$164K | -18,200 | Closed |
|
|
QIM
80
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$150K | -16,700 | Closed |
|
81
HSBC Holdings
London,
United Kingdom
| – | -$135K | -15,040 | Closed |
|
82
D.E. Shaw & Co
New York
| – | -$122K | -13,544 | Closed |
|
|
AGM
83
Alpine Global Management
New York
| – | -$23K | -2,508 | Closed |
|
|
QT
84
Quantbot Technologies
New York
| – | -$21K | -2,400 | Closed |
|
|
GWM
85
Gupta Wealth Management
San Diego,
California
| – | -$15K | -1,655 | Closed |
|
|
ED
86
Exane Derivatives
Paris,
France
| – | -$14.4K | -1,606 | Closed |
|
DANG Hedge Fund Activity: Q3 2015 in Review
65 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM) (DANG) for Q3 2015, worth a combined $99.4M — down 42% from $173M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of DANG and 15 opened new positions — a net loss of 7 holders — while 20 trimmed existing stakes and 21 added.
The largest buyer was Fortress Investment Group, opening a new position worth an estimated $9.88M. The largest seller was Sculptor Capital, exiting entirely with an estimated $15M sold.
- 65 institutional investors held E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM) (DANG) as of Q3 2015, down from 72 in Q2 2015.
- Funds reported $99.4M of E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM) stock for Q3 2015, down 42% quarter-over-quarter.
- 15 funds opened new E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM) positions in Q3 2015 and 22 closed out, a net change of -7 holders.
- The largest E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM) buyer in Q3 2015 was Fortress Investment Group, an estimated $9.88M added.
- The largest E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM) seller in Q3 2015 was Sculptor Capital, an estimated $15M sold.
Based on aggregated 13F filings for Q3 2015.