New Oriental
291 hedge funds and large institutions have $9.4B invested in New Oriental in 2018 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 129 increasing their positions, 83 reducing their positions, and 62 closing their positions.
146% more call options, than puts
Call options by funds: $597M | Put options by funds: $243M
55% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 83
0.63% less ownership
Funds ownership: 81.05% → 80.42% (-0.63%)
7% less funds holding
Funds holding: 314 → 291 (-23)
22% less capital invested
Capital invested by funds: $12.1B → $9.4B (-$2.72B)
32% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 62
35% less funds holding in top 10
Funds holding in top 10: 23 → 15 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$255M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$198M |
| 3 |
Renaissance Technologies
New York
|
+$140M |
| 4 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$130M |
| 5 |
O
OppenheimerFunds
New York
|
+$107M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$721M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$203M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$159M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$58.3M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$48.1M |
EDU Hedge Fund Activity: Q3 2018 in Review
291 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in New Oriental (EDU) for Q3 2018, worth a combined $9.4B — down 22% from $12.1B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of EDU and 42 opened new positions — a net loss of 20 holders — while 83 trimmed existing stakes and 129 added.
The largest buyer was Davis Selected Advisers, adding an estimated $255M. The largest seller was Baillie Gifford & Co, exiting entirely with an estimated $721M sold.
- 291 institutional investors held New Oriental (EDU) as of Q3 2018, down from 314 in Q2 2018.
- Funds reported $9.4B of New Oriental stock for Q3 2018, down 22% quarter-over-quarter.
- 42 funds opened new New Oriental positions in Q3 2018 and 62 closed out, a net change of -20 holders.
- The largest New Oriental buyer in Q3 2018 was Davis Selected Advisers, an estimated $255M added.
- The largest New Oriental seller in Q3 2018 was Baillie Gifford & Co, an estimated $721M sold.
Based on aggregated 13F filings for Q3 2018.