Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar
DNK
DNK was delisted on the 15th of March, 2021.
7 hedge funds and large institutions have $86.9M invested in Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
19% less capital invested
Capital invested by funds: $107M → $86.9M (-$20.5M)
30% less funds holding
Funds holding: 10 → 7 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$66.7K |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$64.6K |
| 3 |
Renaissance Technologies
New York
|
+$49.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.23K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$522 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Infini Capital Management
Central,
Hong Kong
|
-$260K |
| 2 |
IMF
Infini Master Fund
Hong Kong
|
-$260K |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$69K |
| 4 |
Millennium Management
New York
|
-$64K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$61K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Tiger Global Management
New York
| $86.2M | – | – | – |
|
|
PCM
2
Penserra Capital Management
Orinda,
California
| $513K | +$64.6K | +23,629 | +12% |
|
|
3
Citadel Advisors
Miami,
Florida
| $58K | +$66.7K | +24,379 | New |
|
|
4
Renaissance Technologies
New York
| $43K | +$49.8K | +18,200 | New |
|
5
Two Sigma Advisers
New York
| $30K | -$273 | -100 | -0.8% |
|
|
6
UBS Group
Zurich,
Switzerland
| $6K | +$2.23K | +816 | +53% |
|
|
ICM
7
Infini Capital Management
Central,
Hong Kong
| – | -$260K | -89,258 | Closed |
|
|
IMF
8
Infini Master Fund
Hong Kong
| – | -$260K | -89,258 | Closed |
|
|
PP
9
Paloma Partners
Greenwich,
Connecticut
| – | -$69K | -23,703 | Closed |
|
|
10
Millennium Management
New York
| – | -$64K | -22,087 | Closed |
|
|
CS
11
Credit Suisse
Zurich,
Switzerland
| – | -$61K | -20,953 | Closed |
|
|
GRP
12
Global Retirement Partners
San Rafael,
California
| – | -$5K | -1,700 | Closed |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | +$522 | +191 | New |
|
DNK Hedge Fund Activity: Q1 2021 in Review
7 of the 5,695 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 Q1 2021, worth a combined $86.9M — down 19% from $107M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DNK and 3 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $66.7K. The largest seller was Infini Capital Management, exiting entirely with an estimated $260K sold.
- 7 institutional investors held Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar (DNK) as of Q1 2021, down from 10 in Q4 2020.
- Funds reported $86.9M of Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar stock for Q1 2021, down 19% quarter-over-quarter.
- 3 funds opened new Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar positions in Q1 2021 and 6 closed out, a net change of -3 holders.
- The largest Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar buyer in Q1 2021 was Citadel Advisors, an estimated $66.7K added.
- The largest Phoenix Tree Holdings Limited American Depositary Shares, each representing ten (10) Class A ordinar seller in Q1 2021 was Infini Capital Management, an estimated $260K sold.
Based on aggregated 13F filings for Q1 2021.