Phoenix New Media
FENG
25 hedge funds and large institutions have $26.6M invested in Phoenix New Media in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 8 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
0.04% less ownership
Funds ownership: 0.7% → 0.65% (-0.04%)
14% less funds holding
Funds holding: 29 → 25 (-4)
26% less capital invested
Capital invested by funds: $36M → $26.6M (-$9.37M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVA
International Value Advisers
|
+$1.61M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
+$306K |
| 3 |
JGC
J. Goldman & Co
New York
|
+$180K |
| 4 |
PC
Polar Capital
London,
United Kingdom
|
+$173K |
| 5 |
Millennium Management
New York
|
+$80.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$3.53M |
| 2 |
Renaissance Technologies
New York
|
-$226K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$176K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$116K |
| 5 |
Two Sigma Investments
New York
|
-$86K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
26
Diametric Capital
Boston,
Massachusetts
| – | -$83K | -4,256 | Closed |
|
27
Citadel Advisors
Miami,
Florida
| – | -$41K | -2,095 | Closed |
|
|
PCM
28
Prelude Capital Management
New York
| – | -$35K | -1,796 | Closed |
|
29
Geode Capital Management
Boston,
Massachusetts
| – | -$32K | -1,674 | Closed |
|
30
JP Morgan Chase
New York
| – | -$9K | -425 | Closed |
|
|
AG
31
Aperio Group
Sausalito,
California
| – | -$1K | -66 | Closed |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$461 | +26 | New |
|
FENG Hedge Fund Activity: Q3 2019 in Review
25 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q3 2019, worth a combined $26.6M — down 26% from $36M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FENG and 4 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was International Value Advisers, adding an estimated $1.61M. The largest seller was Park West Asset Management, cutting an estimated $3.53M.
- 25 institutional investors held Phoenix New Media (FENG) as of Q3 2019, down from 29 in Q2 2019.
- Funds reported $26.6M of Phoenix New Media stock for Q3 2019, down 26% quarter-over-quarter.
- 4 funds opened new Phoenix New Media positions in Q3 2019 and 8 closed out, a net change of -4 holders.
- The largest Phoenix New Media buyer in Q3 2019 was International Value Advisers, an estimated $1.61M added.
- The largest Phoenix New Media seller in Q3 2019 was Park West Asset Management, an estimated $3.53M sold.
Based on aggregated 13F filings for Q3 2019.