New Oriental
128 hedge funds and large institutions have $2.83B invested in New Oriental in 2014 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 47 increasing their positions, 42 reducing their positions, and 42 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 42
1.93% more ownership
Funds ownership: 75.94% → 77.88% (+1.9%)
10% less capital invested
Capital invested by funds: $3.16B → $2.83B (-$325M)
14% less funds holding
Funds holding: 149 → 128 (-21)
18% less call options, than puts
Call options by funds: $29.1M | Put options by funds: $35.5M
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
45% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$89.2M |
| 2 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
+$87.5M |
| 3 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$52.7M |
| 4 |
CAM
Coronation Asset Management
Cape Town,
South Africa
|
+$39.2M |
| 5 |
JP Morgan Chase
New York
|
+$35.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$70.3M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$64.2M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$42.8M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$42M |
| 5 |
SR
Sloane Robinson
London,
United Kingdom
|
-$28.4M |
EDU Hedge Fund Activity: Q3 2014 in Review
128 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in New Oriental (EDU) for Q3 2014, worth a combined $2.83B — down 10% from $3.16B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of EDU and 23 opened new positions — a net loss of 19 holders — while 42 trimmed existing stakes and 47 added.
The largest buyer was Dodge & Cox, opening a new position worth an estimated $89.2M. The largest seller was Bain Capital Public Equity Management, exiting entirely with an estimated $70.3M sold.
- 128 institutional investors held New Oriental (EDU) as of Q3 2014, down from 149 in Q2 2014.
- Funds reported $2.83B of New Oriental stock for Q3 2014, down 10% quarter-over-quarter.
- 23 funds opened new New Oriental positions in Q3 2014 and 42 closed out, a net change of -19 holders.
- The largest New Oriental buyer in Q3 2014 was Dodge & Cox, an estimated $89.2M added.
- The largest New Oriental seller in Q3 2014 was Bain Capital Public Equity Management, an estimated $70.3M sold.
Based on aggregated 13F filings for Q3 2014.