Phoenix New Media
FENG
62 hedge funds and large institutions have $141M invested in Phoenix New Media in 2014 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 17 closing their positions.
59% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 17
54% more capital invested
Capital invested by funds: $91.6M → $141M (+$49.1M)
17% more funds holding
Funds holding: 53 → 62 (+9)
0.23% more ownership
Funds ownership: 0.53% → 0.76% (+0.23%)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
90% less call options, than puts
Call options by funds: $1.43M | Put options by funds: $13.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$28.6M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$19.6M |
| 3 |
AG
Ashmore Group
London,
United Kingdom
|
+$7.75M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$7.67M |
| 5 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
+$7.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$19.2M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$5.67M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.54M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.31M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.66M |
FENG Hedge Fund Activity: Q1 2014 in Review
62 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q1 2014, worth a combined $141M — up 54% from $91.6M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FENG positions and 17 closed out — a net gain of 10 holders — while 16 added to existing stakes and 17 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $28.6M. The largest seller was Schroder Investment Management Group, cutting an estimated $19.2M.
- 62 institutional investors held Phoenix New Media (FENG) as of Q1 2014, up from 53 in Q4 2013.
- Funds reported $141M of Phoenix New Media stock for Q1 2014, up 54% quarter-over-quarter.
- 27 funds opened new Phoenix New Media positions in Q1 2014 and 17 closed out, a net change of +10 holders.
- The largest Phoenix New Media buyer in Q1 2014 was Wellington Management Group, an estimated $28.6M added.
- The largest Phoenix New Media seller in Q1 2014 was Schroder Investment Management Group, an estimated $19.2M sold.
Based on aggregated 13F filings for Q1 2014.