Phoenix New Media
FENG
53 hedge funds and large institutions have $89.2M invested in Phoenix New Media in 2013 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 19 increasing their positions, 11 reducing their positions, and 18 closing their positions.
85% more call options, than puts
Call options by funds: $2.15M | Put options by funds: $1.17M
73% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 11
11% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 18
4% more funds holding
Funds holding: 51 → 53 (+2)
0.02% less ownership
Funds ownership: 0.55% → 0.53% (-0.02%)
17% less capital invested
Capital invested by funds: $108M → $89.2M (-$18.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$11.7M |
| 2 |
Goldman Sachs
New York
|
+$6.67M |
| 3 |
AG
Ashmore Group
London,
United Kingdom
|
+$4.58M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$3.92M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$3.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$24.9M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$5.17M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$4.61M |
| 4 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
-$3.75M |
| 5 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$3.35M |
FENG Hedge Fund Activity: Q4 2013 in Review
53 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q4 2013, worth a combined $89.2M — down 17% from $108M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FENG positions and 18 closed out — a net gain of 2 holders — while 19 added to existing stakes and 11 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $11.7M. The largest seller was Guggenheim Capital, cutting an estimated $24.9M.
- 53 institutional investors held Phoenix New Media (FENG) as of Q4 2013, up from 51 in Q3 2013.
- Funds reported $89.2M of Phoenix New Media stock for Q4 2013, down 17% quarter-over-quarter.
- 20 funds opened new Phoenix New Media positions in Q4 2013 and 18 closed out, a net change of +2 holders.
- The largest Phoenix New Media buyer in Q4 2013 was Wellington Management Group, an estimated $11.7M added.
- The largest Phoenix New Media seller in Q4 2013 was Guggenheim Capital, an estimated $24.9M sold.
Based on aggregated 13F filings for Q4 2013.