Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar
DNK
DNK was delisted on the 15th of March, 2021.
10 hedge funds and large institutions have $107M invested in Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
150% more funds holding
Funds holding: 4 → 10 (+6)
31% less capital invested
Capital invested by funds: $155M → $107M (-$48M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$553K |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$67.8K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$59.9K |
| 4 |
Two Sigma Advisers
New York
|
+$36.9K |
| 5 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$4.86K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.89M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
-$1.71M |
| 3 |
Millennium Management
New York
|
-$283K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Tiger Global Management
New York
| $106M | – | – | – |
|
|
PCM
2
Penserra Capital Management
Orinda,
California
| $562K | +$553K | +193,388 | New |
|
|
ICM
3
Infini Capital Management
Central,
Hong Kong
| $260K | +$255K | +89,258 | New |
|
|
IMF
4
Infini Master Fund
Hong Kong
| $260K | +$255K | +89,258 | New |
|
|
PP
5
Paloma Partners
Greenwich,
Connecticut
| $69K | +$67.8K | +23,703 | New |
|
|
6
Millennium Management
New York
| $64K | -$283K | -99,001 | -82% |
|
|
CS
7
Credit Suisse
Zurich,
Switzerland
| $61K | +$59.9K | +20,953 | New |
|
|
8
Two Sigma Advisers
New York
| $38K | +$36.9K | +12,900 | New |
|
|
GRP
9
Global Retirement Partners
San Rafael,
California
| $5K | +$4.86K | +1,700 | New |
|
10
UBS Group
Zurich,
Switzerland
| $4K | +$4.39K | +1,536 | New |
|
|
11
Fidelity Investments
Boston,
Massachusetts
| – | -$3.89M | -946,057 | Closed |
|
|
SSA
12
Schonfeld Strategic Advisors
New York
| – | -$1.71M | -415,772 | Closed |
|
DNK Hedge Fund Activity: Q4 2020 in Review
10 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar (DNK) for Q4 2020, worth a combined $107M — down 31% from $155M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DNK positions and 2 closed out — a net gain of 6 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $553K. The largest seller was Fidelity Investments, exiting entirely with an estimated $3.89M sold.
- 10 institutional investors held Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar (DNK) as of Q4 2020, up from 4 in Q3 2020.
- Funds reported $107M of Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar stock for Q4 2020, down 31% quarter-over-quarter.
- 8 funds opened new Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar positions in Q4 2020 and 2 closed out, a net change of +6 holders.
- The largest Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar buyer in Q4 2020 was Penserra Capital Management, an estimated $553K added.
- The largest Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar seller in Q4 2020 was Fidelity Investments, an estimated $3.89M sold.
Based on aggregated 13F filings for Q4 2020.