New Oriental
131 hedge funds and large institutions have $3.31B invested in New Oriental in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 47 increasing their positions, 42 reducing their positions, and 19 closing their positions.
74% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 19
43% more capital invested
Capital invested by funds: $2.32B → $3.31B (+$990M)
22% more call options, than puts
Call options by funds: $24.3M | Put options by funds: $19.9M
17.83% more ownership
Funds ownership: 66.14% → 83.98% (+18%)
12% more funds holding
Funds holding: 117 → 131 (+14)
12% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 42
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$541M |
| 2 |
TAA
Turiya Advisors Asia
Hong Kong
|
+$62.4M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$39.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.8M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KM
Kylin Management
New York
|
-$53.7M |
| 2 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
-$29M |
| 3 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$27.7M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$18.7M |
| 5 |
EGA
Emerging Global Advisors
New York
|
-$15.2M |
EDU Hedge Fund Activity: Q3 2013 in Review
131 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in New Oriental (EDU) for Q3 2013, worth a combined $3.31B — up 43% from $2.32B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new EDU positions and 19 closed out — a net gain of 14 holders — while 47 added to existing stakes and 42 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $541M. The largest seller was Kylin Management, exiting entirely with an estimated $53.7M sold.
- 131 institutional investors held New Oriental (EDU) as of Q3 2013, up from 117 in Q2 2013.
- Funds reported $3.31B of New Oriental stock for Q3 2013, up 43% quarter-over-quarter.
- 33 funds opened new New Oriental positions in Q3 2013 and 19 closed out, a net change of +14 holders.
- The largest New Oriental buyer in Q3 2013 was OppenheimerFunds, an estimated $541M added.
- The largest New Oriental seller in Q3 2013 was Kylin Management, an estimated $53.7M sold.
Based on aggregated 13F filings for Q3 2013.