China Distance Education Holdings Limited
DL
DL was delisted on the 18th of March, 2021.
32 hedge funds and large institutions have $163M invested in China Distance Education Holdings Limited in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
12% less capital invested
Capital invested by funds: $185M → $163M (-$22M)
14% less funds holding
Funds holding: 37 → 32 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YI
YM Investment
Central,
Hong Kong
|
+$7.65M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.26M |
| 3 |
Goldman Sachs
New York
|
+$1.65M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$1.5M |
| 5 |
Morgan Stanley
New York
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.98M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.1M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$1.4M |
| 4 |
Renaissance Technologies
New York
|
-$732K |
| 5 |
PP
PDT Partners
New York
|
-$407K |
DL Hedge Fund Activity: Q3 2014 in Review
32 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in China Distance Education Holdings Limited (DL) for Q3 2014, worth a combined $163M — down 12% from $185M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DL and 3 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 16 added.
The largest buyer was YM Investment, adding an estimated $7.65M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $2.98M sold.
- 32 institutional investors held China Distance Education Holdings Limited (DL) as of Q3 2014, down from 37 in Q2 2014.
- Funds reported $163M of China Distance Education Holdings Limited stock for Q3 2014, down 12% quarter-over-quarter.
- 3 funds opened new China Distance Education Holdings Limited positions in Q3 2014 and 8 closed out, a net change of -5 holders.
- The largest China Distance Education Holdings Limited buyer in Q3 2014 was YM Investment, an estimated $7.65M added.
- The largest China Distance Education Holdings Limited seller in Q3 2014 was Laurion Capital Management, an estimated $2.98M sold.
Based on aggregated 13F filings for Q3 2014.