Phoenix New Media
FENG
51 hedge funds and large institutions have $108M invested in Phoenix New Media in 2013 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 3 closing their positions.
900% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 3
161% more capital invested
Capital invested by funds: $41.4M → $108M (+$66.6M)
113% more funds holding
Funds holding: 24 → 51 (+27)
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
0.13% more ownership
Funds ownership: 0.42% → 0.55% (+0.13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$8.07M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$3.73M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$3.33M |
| 4 |
Jane Street
New York
|
+$2.94M |
| 5 |
Renaissance Technologies
New York
|
+$2.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$17.2M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$1.65M |
| 3 |
First Manhattan
New York
|
-$1.28M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.13M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$884K |
FENG Hedge Fund Activity: Q3 2013 in Review
51 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q3 2013, worth a combined $108M — up 161% from $41.4M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FENG positions and 3 closed out — a net gain of 27 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $8.07M. The largest seller was Schroder Investment Management Group, cutting an estimated $17.2M.
- 51 institutional investors held Phoenix New Media (FENG) as of Q3 2013, up from 24 in Q2 2013.
- Funds reported $108M of Phoenix New Media stock for Q3 2013, up 161% quarter-over-quarter.
- 30 funds opened new Phoenix New Media positions in Q3 2013 and 3 closed out, a net change of +27 holders.
- The largest Phoenix New Media buyer in Q3 2013 was Guggenheim Capital, an estimated $8.07M added.
- The largest Phoenix New Media seller in Q3 2013 was Schroder Investment Management Group, an estimated $17.2M sold.
Based on aggregated 13F filings for Q3 2013.