Fangdd Network Group
3 hedge funds and large institutions have $488K invested in Fangdd Network Group in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 3 closing their positions.
914% more capital invested
Capital invested by funds: $48.1K → $488K (+$440K)
0% more ownership
Funds ownership: 0% → 0% (+0%)
25% less funds holding
Funds holding: 4 → 3 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sabby Management
Miami Beach,
Florida
|
+$2.19M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$39.8K |
| 3 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$1.75K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$29K |
| 2 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$16.4K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.56K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SM
1
Sabby Management
Miami Beach,
Florida
| $479K | +$2.19M | +38,860 | New |
|
|
2
Citadel Advisors
Miami,
Florida
| $8.7K | +$39.8K | +706 | New |
|
|
3
RhumbLine Advisers
Boston,
Massachusetts
| $442 | +$1.75K | +31 | +620% |
|
|
4
Renaissance Technologies
New York
| – | -$29K | -138 | Closed |
|
|
XT
5
XTX Topco
George Town,
Cayman Islands
| – | -$16.4K | -78 | Closed |
|
|
6
UBS Group
Zurich,
Switzerland
| – | -$1.56K | -7 | Closed |
|
DUO Hedge Fund Activity: Q3 2023 in Review
3 of the 6,303 institutional investors tracked by Wall St. Rank reported a position in Fangdd Network Group (DUO) for Q3 2023, worth a combined $488K — up 914% from $48.1K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DUO and 2 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 1 added.
The largest buyer was Sabby Management, opening a new position worth an estimated $2.19M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $29K sold.
- 3 institutional investors held Fangdd Network Group (DUO) as of Q3 2023, down from 4 in Q2 2023.
- Funds reported $488K of Fangdd Network Group stock for Q3 2023, up 914% quarter-over-quarter.
- 2 funds opened new Fangdd Network Group positions in Q3 2023 and 3 closed out, a net change of -1 holder.
- The largest Fangdd Network Group buyer in Q3 2023 was Sabby Management, an estimated $2.19M added.
- The largest Fangdd Network Group seller in Q3 2023 was Renaissance Technologies, an estimated $29K sold.
Based on aggregated 13F filings for Q3 2023.