Phoenix New Media
FENG
47 hedge funds and large institutions have $63.4M invested in Phoenix New Media in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
12% more funds holding
Funds holding: 42 → 47 (+5)
0.1% more ownership
Funds ownership: 0.86% → 0.96% (+0.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
18% less capital invested
Capital invested by funds: $77.4M → $63.4M (-$14M)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
Top Sellers
FENG Hedge Fund Activity: Q1 2016 in Review
47 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q1 2016, worth a combined $63.4M — down 18% from $77.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FENG positions and 6 closed out — a net gain of 5 holders — while 12 added to existing stakes and 18 trimmed.
The largest buyer was Matthews International Capital Management, opening a new position worth an estimated $4.01M. The largest seller was International Value Advisers, cutting an estimated $380K.
- 47 institutional investors held Phoenix New Media (FENG) as of Q1 2016, up from 42 in Q4 2015.
- Funds reported $63.4M of Phoenix New Media stock for Q1 2016, down 18% quarter-over-quarter.
- 11 funds opened new Phoenix New Media positions in Q1 2016 and 6 closed out, a net change of +5 holders.
- The largest Phoenix New Media buyer in Q1 2016 was Matthews International Capital Management, an estimated $4.01M added.
- The largest Phoenix New Media seller in Q1 2016 was International Value Advisers, an estimated $380K sold.
Based on aggregated 13F filings for Q1 2016.