Phoenix New Media
FENG
29 hedge funds and large institutions have $36M invested in Phoenix New Media in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 8 closing their positions.
131% more call options, than puts
Call options by funds: $118K | Put options by funds: $51K
0.37% more ownership
Funds ownership: 0.32% → 0.7% (+0.37%)
15% less funds holding
Funds holding: 34 → 29 (-5)
24% less capital invested
Capital invested by funds: $47.6M → $36M (-$11.6M)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| 1 |
IVA
International Value Advisers
|
+$1.1M |
| 2 |
JGC
J. Goldman & Co
New York
|
+$307K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$73.5K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$49.5K |
| 5 |
JPLA
Joseph P. Lucia & Associates
Yorktown Heights,
New York
|
+$23.6K |
Top Sellers
| 1 |
PHK
Point72 Hong Kong
Hong Kong
|
-$1.16M |
| 2 |
Renaissance Technologies
New York
|
-$347K |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$210K |
| 4 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$197K |
| 5 |
Two Sigma Advisers
New York
|
-$116K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
27
Morgan Stanley
New York
| $1K | -$2.79K | -118 | -68% |
|
|
AG
28
Aperio Group
Sausalito,
California
| $1K | +$1.56K | +66 | New |
|
|
PHK
29
Point72 Hong Kong
Hong Kong
| – | -$1.16M | -45,833 | Closed |
|
|
30
Arrowstreet Capital
Boston,
Massachusetts
| – | -$210K | -8,329 | Closed |
|
31
Simplex Trading
Chicago,
Illinois
| – | -$32.8K | -1,391 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$20K | -796 | Closed |
|
|
CSS
33
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$16K | -641 | Closed |
|
34
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$8K | -311 | Closed |
|
|
PAM
35
Panagora Asset Management
Boston,
Massachusetts
| – | -$2K | -89 | Closed |
|
FENG Hedge Fund Activity: Q2 2019 in Review
29 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q2 2019, worth a combined $36M — down 24% from $47.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FENG and 3 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 9 added.
The largest buyer was International Value Advisers, adding an estimated $1.1M. The largest seller was Point72 Hong Kong, exiting entirely with an estimated $1.16M sold.
- 29 institutional investors held Phoenix New Media (FENG) as of Q2 2019, down from 34 in Q1 2019.
- Funds reported $36M of Phoenix New Media stock for Q2 2019, down 24% quarter-over-quarter.
- 3 funds opened new Phoenix New Media positions in Q2 2019 and 8 closed out, a net change of -5 holders.
- The largest Phoenix New Media buyer in Q2 2019 was International Value Advisers, an estimated $1.1M added.
- The largest Phoenix New Media seller in Q2 2019 was Point72 Hong Kong, an estimated $1.16M sold.
Based on aggregated 13F filings for Q2 2019.