New Oriental
357 hedge funds and large institutions have $14B invested in New Oriental in 2019 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 106 increasing their positions, 148 reducing their positions, and 28 closing their positions.
79% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 28
12% more capital invested
Capital invested by funds: $12.5B → $14B (+$1.45B)
8% more funds holding in top 10
Funds holding in top 10: 25 → 27 (+2)
6% more funds holding
Funds holding: 336 → 357 (+21)
1.98% less ownership
Funds ownership: 81.89% → 79.91% (-2%)
28% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 148
44% less call options, than puts
Call options by funds: $114M | Put options by funds: $203M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$168M |
| 2 |
HA
HHLR Advisors
Grand Cayman,
Cayman Islands
|
+$111M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$108M |
| 4 |
Renaissance Technologies
New York
|
+$76.3M |
| 5 |
MCM
Melvin Capital Management
New York
|
+$73.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$474M |
| 2 |
GAM
Greenwoods Asset Management
Grand Cayman,
Cayman Islands
|
-$115M |
| 3 |
Goldman Sachs
New York
|
-$104M |
| 4 |
Morgan Stanley
New York
|
-$81M |
| 5 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$65M |
EDU Hedge Fund Activity: Q3 2019 in Review
357 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in New Oriental (EDU) for Q3 2019, worth a combined $14B — up 12% from $12.5B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new EDU positions and 28 closed out — a net gain of 22 holders — while 106 added to existing stakes and 148 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $168M. The largest seller was Schroder Investment Management Group, cutting an estimated $474M.
- 357 institutional investors held New Oriental (EDU) as of Q3 2019, up from 336 in Q2 2019.
- Funds reported $14B of New Oriental stock for Q3 2019, up 12% quarter-over-quarter.
- 50 funds opened new New Oriental positions in Q3 2019 and 28 closed out, a net change of +22 holders.
- The largest New Oriental buyer in Q3 2019 was Fidelity Investments, an estimated $168M added.
- The largest New Oriental seller in Q3 2019 was Schroder Investment Management Group, an estimated $474M sold.
Based on aggregated 13F filings for Q3 2019.