Phoenix New Media
FENG
42 hedge funds and large institutions have $89.7M invested in Phoenix New Media in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 17 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
0.08% less ownership
Funds ownership: 1.01% → 0.92% (-0.08%)
21% less funds holding
Funds holding: 53 → 42 (-11)
37% less capital invested
Capital invested by funds: $143M → $89.7M (-$52.9M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
65% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 17
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $103K
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of New York Mellon
New York
| – | -$416K | -8,344 | Closed |
|
|
WBC
52
Westpac Banking Corp
Sydney,
Australia
| – | -$328K | -6,583 | Closed |
|
53
Jane Street
New York
| – | -$101K | -2,018 | Closed |
|
54
BlackRock
New York
| – | -$78K | -1,565 | Closed |
|
|
CSS
55
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$20K | -398 | Closed |
|
56
Simplex Trading
Chicago,
Illinois
| – | -$12K | -250 | Closed |
|
57
Bank of America
Charlotte,
North Carolina
| – | -$8K | -167 | Closed |
|
|
ST
58
Spot Trading
Chicago,
Illinois
| – | -$1K | -19 | Closed |
|
FENG Hedge Fund Activity: Q1 2015 in Review
42 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q1 2015, worth a combined $89.7M — down 37% from $143M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FENG and 6 opened new positions — a net loss of 11 holders — while 12 trimmed existing stakes and 19 added.
The largest buyer was Coronation Asset Management, adding an estimated $3.6M. The largest seller was Ashmore Group, cutting an estimated $11.3M.
- 42 institutional investors held Phoenix New Media (FENG) as of Q1 2015, down from 53 in Q4 2014.
- Funds reported $89.7M of Phoenix New Media stock for Q1 2015, down 37% quarter-over-quarter.
- 6 funds opened new Phoenix New Media positions in Q1 2015 and 17 closed out, a net change of -11 holders.
- The largest Phoenix New Media buyer in Q1 2015 was Coronation Asset Management, an estimated $3.6M added.
- The largest Phoenix New Media seller in Q1 2015 was Ashmore Group, an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2015.