Phoenix New Media
FENG
44 hedge funds and large institutions have $50.9M invested in Phoenix New Media in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 10 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.74% less ownership
Funds ownership: 19.75% → 19.01% (-0.74%)
6% less funds holding
Funds holding: 47 → 44 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
38% less capital inflows, than outflows
Capital inflows: $4.46M | Capital outflows: $7.22M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
International Value Advisers
|
+$3.06M |
| 2 |
Renaissance Technologies
New York
|
+$282K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$212K |
| 4 |
BlackRock Institutional Trust
San Francisco,
California
|
+$150K |
| 5 |
ICP
Indus Capital Partners
New York
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MICM
Matthews International Capital Management
San Francisco,
California
|
-$4.16M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$763K |
| 3 |
Barclays
London,
United Kingdom
|
-$541K |
| 4 |
VP
Value Partners
Hong Kong
|
-$489K |
| 5 |
GSA Capital Partners
London,
United Kingdom
|
-$265K |
FENG Hedge Fund Activity: Q2 2016 in Review
44 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q2 2016, worth a combined $50.9M — down 20% from $63.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FENG and 7 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 17 added.
The largest buyer was International Value Advisers, adding an estimated $3.06M. The largest seller was Matthews International Capital Management, exiting entirely with an estimated $4.16M sold.
- 44 institutional investors held Phoenix New Media (FENG) as of Q2 2016, down from 47 in Q1 2016.
- Funds reported $50.9M of Phoenix New Media stock for Q2 2016, down 20% quarter-over-quarter.
- 7 funds opened new Phoenix New Media positions in Q2 2016 and 10 closed out, a net change of -3 holders.
- The largest Phoenix New Media buyer in Q2 2016 was International Value Advisers, an estimated $3.06M added.
- The largest Phoenix New Media seller in Q2 2016 was Matthews International Capital Management, an estimated $4.16M sold.
Based on aggregated 13F filings for Q2 2016.