China Distance Education Holdings Limited
DL
DL was delisted on the 18th of March, 2021.
38 hedge funds and large institutions have $115M invested in China Distance Education Holdings Limited in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 11 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
9% more capital invested
Capital invested by funds: $105M → $115M (+$9.81M)
19% less funds holding
Funds holding: 47 → 38 (-9)
82% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MICM
Matthews International Capital Management
San Francisco,
California
|
+$2.59M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$2.58M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.24M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.23M |
| 5 |
TI
TT International
London,
United Kingdom
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$4.92M |
| 2 |
Renaissance Technologies
New York
|
-$2.08M |
| 3 |
Morgan Stanley
New York
|
-$1.91M |
| 4 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$1.86M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$1.06M |
DL Hedge Fund Activity: Q1 2015 in Review
38 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in China Distance Education Holdings Limited (DL) for Q1 2015, worth a combined $115M — up 9.3% from $105M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of DL and 2 opened new positions — a net loss of 9 holders — while 15 trimmed existing stakes and 18 added.
The largest buyer was Matthews International Capital Management, adding an estimated $2.59M. The largest seller was Jupiter Asset Management, exiting entirely with an estimated $4.92M sold.
- 38 institutional investors held China Distance Education Holdings Limited (DL) as of Q1 2015, down from 47 in Q4 2014.
- Funds reported $115M of China Distance Education Holdings Limited stock for Q1 2015, up 9.3% quarter-over-quarter.
- 2 funds opened new China Distance Education Holdings Limited positions in Q1 2015 and 11 closed out, a net change of -9 holders.
- The largest China Distance Education Holdings Limited buyer in Q1 2015 was Matthews International Capital Management, an estimated $2.59M added.
- The largest China Distance Education Holdings Limited seller in Q1 2015 was Jupiter Asset Management, an estimated $4.92M sold.
Based on aggregated 13F filings for Q1 2015.