E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM)
DANG
DANG was delisted on the 20th of September, 2016.
78 hedge funds and large institutions have $120M invested in E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM) in 2016 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
10% more funds holding
Funds holding: 71 → 78 (+7)
3% less capital invested
Capital invested by funds: $124M → $120M (-$4.06M)
24% less call options, than puts
Call options by funds: $6.63M | Put options by funds: $8.73M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$8.31M |
| 2 |
Renaissance Technologies
New York
|
+$4.54M |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$3.31M |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$2.98M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
-$8.63M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$8.02M |
| 3 |
PAAMCP
Pacific Alternative Asset Management Company (PAAMCO)
Irvine,
California
|
-$5.27M |
| 4 |
First Manhattan
New York
|
-$2.98M |
| 5 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
-$1.74M |
DANG Hedge Fund Activity: Q1 2016 in Review
78 of the 3,767 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 Q1 2016, worth a combined $120M — down 3.3% from $124M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new DANG positions and 11 closed out — a net gain of 7 holders — while 28 added to existing stakes and 21 trimmed.
The largest buyer was Alpine Associates Management, opening a new position worth an estimated $8.31M. The largest seller was Fortress Investment Group, exiting entirely with an estimated $8.63M sold.
- 78 institutional investors held E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM) (DANG) as of Q1 2016, up from 71 in Q4 2015.
- Funds reported $120M of E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM) stock for Q1 2016, down 3.3% quarter-over-quarter.
- 18 funds opened new E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM) positions in Q1 2016 and 11 closed out, a net change of +7 holders.
- The largest E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM) buyer in Q1 2016 was Alpine Associates Management, an estimated $8.31M added.
- The largest E-COMMERCE CHINA DANGDANG INC SPNSRD ADS REP COM CL A (CYM) seller in Q1 2016 was Fortress Investment Group, an estimated $8.63M sold.
Based on aggregated 13F filings for Q1 2016.