Phoenix New Media
FENG
34 hedge funds and large institutions have $47.6M invested in Phoenix New Media in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 4 closing their positions.
360% more call options, than puts
Call options by funds: $299K | Put options by funds: $65K
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
38% more capital invested
Capital invested by funds: $34.4M → $47.6M (+$13.1M)
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
10% more funds holding
Funds holding: 31 → 34 (+3)
0.33% less ownership
Funds ownership: 0.66% → 0.32% (-0.33%)
Top Buyers
| 1 |
IVA
International Value Advisers
|
+$3.33M |
| 2 |
PHK
Point72 Hong Kong
Hong Kong
|
+$1.04M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$393K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$338K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$236K |
Top Sellers
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$1.18M |
| 2 |
PC
Polar Capital
London,
United Kingdom
|
-$320K |
| 3 |
Millennium Management
New York
|
-$303K |
| 4 |
JGC
J. Goldman & Co
New York
|
-$220K |
| 5 |
Two Sigma Advisers
New York
|
-$117K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $20K | +$16.6K | +730 | +1,106% |
|
|
CSS
27
Cubist Systematic Strategies
Stamford,
Connecticut
| $16K | +$14.6K | +641 | New |
|
28
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| $8K | +$7.08K | +311 | New |
|
29
Morgan Stanley
New York
| $4K | -$32.8K | -1,441 | -89% |
|
|
PAM
30
Panagora Asset Management
Boston,
Massachusetts
| $2K | -$9.34K | -410 | -82% |
|
31
Bank of America
Charlotte,
North Carolina
| $2K | -$23 | -1 | -1% |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
33
Millennium Management
New York
| – | -$303K | -15,777 | Closed |
|
34
Goldman Sachs
New York
| – | -$98K | -5,087 | Closed |
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$105K | -4,611 | Closed |
|
36
Citadel Advisors
Miami,
Florida
| – | -$86.8K | -3,813 | Closed |
|
37
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$23 | -1 | -5% |
|
|
CG
38
Cutler Group
San Francisco,
California
| – | +$751 | +33 | New |
|
FENG Hedge Fund Activity: Q1 2019 in Review
34 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q1 2019, worth a combined $47.6M — up 38% from $34.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FENG positions and 4 closed out — a net gain of 3 holders — while 13 added to existing stakes and 11 trimmed.
The largest buyer was International Value Advisers, adding an estimated $3.33M. The largest seller was Park West Asset Management, cutting an estimated $1.18M.
- 34 institutional investors held Phoenix New Media (FENG) as of Q1 2019, up from 31 in Q4 2018.
- Funds reported $47.6M of Phoenix New Media stock for Q1 2019, up 38% quarter-over-quarter.
- 7 funds opened new Phoenix New Media positions in Q1 2019 and 4 closed out, a net change of +3 holders.
- The largest Phoenix New Media buyer in Q1 2019 was International Value Advisers, an estimated $3.33M added.
- The largest Phoenix New Media seller in Q1 2019 was Park West Asset Management, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2019.