New Oriental
134 hedge funds and large institutions have $2.46B invested in New Oriental in 2014 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 38 increasing their positions, 47 reducing their positions, and 25 closing their positions.
36% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 25
5% more funds holding
Funds holding: 128 → 134 (+6)
1.28% less ownership
Funds ownership: 77.88% → 76.59% (-1.3%)
13% less capital invested
Capital invested by funds: $2.83B → $2.46B (-$375M)
19% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 47
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
51% less call options, than puts
Call options by funds: $15.4M | Put options by funds: $31.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KM
Kylin Management
New York
|
+$60M |
| 2 |
Dodge & Cox
San Francisco,
California
|
+$54.4M |
| 3 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
+$45.9M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$28.7M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAA
Turiya Advisors Asia
Hong Kong
|
-$85.4M |
| 2 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$54.8M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$44.3M |
| 4 |
JP Morgan Chase
New York
|
-$25.2M |
| 5 |
Lazard Asset Management
New York
|
-$15.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Ninety One (UK)
London,
United Kingdom
| – | -$847K | -36,524 | Closed |
|
|
SR
152
Sloane Robinson
London,
United Kingdom
| – | -$636K | -27,400 | Closed |
|
|
NG
153
NatWest Group
Edinburgh, Scotland,
United Kingdom
| – | -$270 | -11,617 | Closed |
|
|
MCG
154
Meru Capital Group
New York
| – | -$232K | -10,000 | Closed |
|
|
DC
155
Deere & Company
Moline,
Illinois
| – | -$216K | -9,329 | Closed |
|
|
SEC
156
Seven Eight Capital
New York
| – | -$186K | -8,000 | Closed |
|
|
MFBTD
157
MB Financial Bank - Trust Department
Rosemont,
Illinois
| – | -$30K | -1,200 | Closed |
|
|
BFA
158
BlackRock Fund Advisors
San Francisco,
California
| – | -$10K | -420 | Closed |
|
|
WA
159
WFG Advisors
Dallas,
Texas
| – | +$326 | +15 | New |
|
EDU Hedge Fund Activity: Q4 2014 in Review
134 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in New Oriental (EDU) for Q4 2014, worth a combined $2.46B — down 13% from $2.83B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new EDU positions and 25 closed out — a net gain of 9 holders — while 38 added to existing stakes and 47 trimmed.
The largest buyer was Kylin Management, opening a new position worth an estimated $60M. The largest seller was Turiya Advisors Asia, exiting entirely with an estimated $85.4M sold.
- 134 institutional investors held New Oriental (EDU) as of Q4 2014, up from 128 in Q3 2014.
- Funds reported $2.46B of New Oriental stock for Q4 2014, down 13% quarter-over-quarter.
- 34 funds opened new New Oriental positions in Q4 2014 and 25 closed out, a net change of +9 holders.
- The largest New Oriental buyer in Q4 2014 was Kylin Management, an estimated $60M added.
- The largest New Oriental seller in Q4 2014 was Turiya Advisors Asia, an estimated $85.4M sold.
Based on aggregated 13F filings for Q4 2014.