China Distance Education Holdings Limited
DL
DL was delisted on the 18th of March, 2021.
21 hedge funds and large institutions have $43.6M invested in China Distance Education Holdings Limited in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 8 closing their positions.
7% more capital invested
Capital invested by funds: $40.9M → $43.6M (+$2.69M)
5% less funds holding
Funds holding: 22 → 21 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$592K |
| 2 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$252K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$146K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$103K |
| 5 |
RWM
Ritholtz Wealth Management
New York
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.8M |
| 2 |
Man Group
London,
United Kingdom
|
-$261K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$193K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$132K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$104K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| – | -$4K | -576 | Closed |
|
|
NFG
27
Next Financial Group
Houston,
Texas
| – | -$4K | -558 | Closed |
|
|
GT
28
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$369 | -50 | -52% |
|
29
Bank of America
Charlotte,
North Carolina
| – | +$74 | +10 | New |
|
DL Hedge Fund Activity: Q2 2020 in Review
21 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in China Distance Education Holdings Limited (DL) for Q2 2020, worth a combined $43.6M — up 6.6% from $40.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DL and 7 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 4 added.
The largest buyer was Renaissance Technologies, adding an estimated $592K. The largest seller was Wellington Management Group, exiting entirely with an estimated $7.8M sold.
- 21 institutional investors held China Distance Education Holdings Limited (DL) as of Q2 2020, down from 22 in Q1 2020.
- Funds reported $43.6M of China Distance Education Holdings Limited stock for Q2 2020, up 6.6% quarter-over-quarter.
- 7 funds opened new China Distance Education Holdings Limited positions in Q2 2020 and 8 closed out, a net change of -1 holder.
- The largest China Distance Education Holdings Limited buyer in Q2 2020 was Renaissance Technologies, an estimated $592K added.
- The largest China Distance Education Holdings Limited seller in Q2 2020 was Wellington Management Group, an estimated $7.8M sold.
Based on aggregated 13F filings for Q2 2020.