Phoenix New Media
FENG
61 hedge funds and large institutions have $173M invested in Phoenix New Media in 2014 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 25 closing their positions.
35% more capital invested
Capital invested by funds: $128M → $173M (+$44.9M)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
0.19% more ownership
Funds ownership: 0.76% → 0.95% (+0.19%)
0% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 25
2% less funds holding
Funds holding: 62 → 61 (-1)
75% less call options, than puts
Call options by funds: $4.43M | Put options by funds: $18M
Top Buyers
| 1 |
CAM
Coronation Asset Management
Cape Town,
South Africa
|
+$21M |
| 2 |
AG
Ashmore Group
London,
United Kingdom
|
+$16.5M |
| 3 |
HT
HAP Trading
New York
|
+$4.41M |
| 4 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
+$3.67M |
| 5 |
JP Morgan Chase
New York
|
+$2.62M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wells Fargo
San Francisco,
California
| – | -$145K | -2,323 | Closed |
|
|
QT
77
Quantbot Technologies
New York
| – | -$141K | -2,270 | Closed |
|
|
AAP
78
Ardsley Advisory Partners
Stamford,
Connecticut
| – | -$104K | -1,667 | Closed |
|
|
PCM
79
Prelude Capital Management
New York
| – | -$74K | -1,183 | Closed |
|
|
AP
80
Advisors Preferred
Rockville,
Maryland
| – | -$30.6K | -492 | Closed |
|
81
Bank of America
Charlotte,
North Carolina
| – | -$12.1K | -200 | Closed |
|
|
FMT
82
First Mercantile Trust
Cordova,
Tennessee
| – | -$9K | -138 | Closed |
|
83
Envestnet Asset Management
Chicago,
Illinois
| – | -$5K | -88 | Closed |
|
|
CAM
84
ClariVest Asset Management
San Diego,
California
| – | -$2K | -39 | Closed |
|
|
S
85
SignatureFD
Atlanta,
Georgia
| – | -$1K | -13 | Closed |
|
86
Norges Bank
Oslo,
Norway
| – | +$182 | +3 | +100% |
|
FENG Hedge Fund Activity: Q2 2014 in Review
61 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q2 2014, worth a combined $173M — up 35% from $128M a quarter earlier.
Fund positioning in FENG was balanced in Q2 2014: 25 funds opened new positions, 25 closed out, 18 added to existing stakes and 17 trimmed.
The largest buyer was Coronation Asset Management, opening a new position worth an estimated $21M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $4.85M sold.
- 61 institutional investors held Phoenix New Media (FENG) as of Q2 2014, down from 62 in Q1 2014.
- Funds reported $173M of Phoenix New Media stock for Q2 2014, up 35% quarter-over-quarter.
- 25 funds opened new Phoenix New Media positions in Q2 2014 and 25 closed out, a net change of 0 holders.
- The largest Phoenix New Media buyer in Q2 2014 was Coronation Asset Management, an estimated $21M added.
- The largest Phoenix New Media seller in Q2 2014 was Schroder Investment Management Group, an estimated $4.85M sold.
Based on aggregated 13F filings for Q2 2014.