Phoenix New Media
FENG
49 hedge funds and large institutions have $120M invested in Phoenix New Media in 2015 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
34% more capital invested
Capital invested by funds: $89.7M → $120M (+$30.6M)
17% more funds holding
Funds holding: 42 → 49 (+7)
0.09% more ownership
Funds ownership: 0.92% → 1.01% (+0.09%)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
95% less call options, than puts
Call options by funds: $55K | Put options by funds: $1.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVA
International Value Advisers
|
+$19.2M |
| 2 |
VP
Value Partners
Hong Kong
|
+$10.6M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$6.76M |
| 4 |
TCM
TCS Capital Management
New York
|
+$2.47M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$18.7M |
| 2 |
CAM
Coronation Asset Management
Cape Town,
South Africa
|
-$15.2M |
| 3 |
JP Morgan Chase
New York
|
-$5.37M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$1.5M |
| 5 |
HIM
Hermes Investment Management
London Uk,
United Kingdom
|
-$1.13M |
FENG Hedge Fund Activity: Q2 2015 in Review
49 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q2 2015, worth a combined $120M — up 34% from $89.7M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FENG positions and 11 closed out — a net gain of 7 holders — while 14 added to existing stakes and 15 trimmed.
The largest buyer was International Value Advisers, opening a new position worth an estimated $19.2M. The largest seller was Wellington Management Group, exiting entirely with an estimated $18.7M sold.
- 49 institutional investors held Phoenix New Media (FENG) as of Q2 2015, up from 42 in Q1 2015.
- Funds reported $120M of Phoenix New Media stock for Q2 2015, up 34% quarter-over-quarter.
- 18 funds opened new Phoenix New Media positions in Q2 2015 and 11 closed out, a net change of +7 holders.
- The largest Phoenix New Media buyer in Q2 2015 was International Value Advisers, an estimated $19.2M added.
- The largest Phoenix New Media seller in Q2 2015 was Wellington Management Group, an estimated $18.7M sold.
Based on aggregated 13F filings for Q2 2015.