Phoenix New Media
FENG
41 hedge funds and large institutions have $47.1M invested in Phoenix New Media in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 17 reducing their positions, and 12 closing their positions.
0% less ownership
Funds ownership: 0.73% → 0.72% (-0%)
3% less capital invested
Capital invested by funds: $48.4M → $47.1M (-$1.32M)
13% less funds holding
Funds holding: 47 → 41 (-6)
31% less call options, than puts
Call options by funds: $268K | Put options by funds: $390K
47% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 17
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$7.4M |
| 2 |
JP Morgan Chase
New York
|
+$579K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$374K |
| 4 |
Goldman Sachs
New York
|
+$246K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$231K |
Top Sellers
| 1 |
Millennium Management
New York
|
-$2.88M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.59M |
| 3 |
JGC
J. Goldman & Co
New York
|
-$1.33M |
| 4 |
Renaissance Technologies
New York
|
-$983K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$420K |
FENG Hedge Fund Activity: Q2 2018 in Review
41 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q2 2018, worth a combined $47.1M — down 2.7% from $48.4M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FENG and 6 opened new positions — a net loss of 6 holders — while 17 trimmed existing stakes and 9 added.
The largest buyer was Park West Asset Management, adding an estimated $7.4M. The largest seller was Millennium Management, cutting an estimated $2.88M.
- 41 institutional investors held Phoenix New Media (FENG) as of Q2 2018, down from 47 in Q1 2018.
- Funds reported $47.1M of Phoenix New Media stock for Q2 2018, down 2.7% quarter-over-quarter.
- 6 funds opened new Phoenix New Media positions in Q2 2018 and 12 closed out, a net change of -6 holders.
- The largest Phoenix New Media buyer in Q2 2018 was Park West Asset Management, an estimated $7.4M added.
- The largest Phoenix New Media seller in Q2 2018 was Millennium Management, an estimated $2.88M sold.
Based on aggregated 13F filings for Q2 2018.