Phoenix New Media
FENG
38 hedge funds and large institutions have $23.2M invested in Phoenix New Media in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 37 → 38 (+1)
0.04% less ownership
Funds ownership: 0.62% → 0.57% (-0.04%)
30% less capital invested
Capital invested by funds: $33.1M → $23.2M (-$9.93M)
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
Top Buyers
| 1 |
HIM
Hermes Investment Management
London Uk,
United Kingdom
|
+$510K |
| 2 |
GH
GAM Holding
Zurich,
Switzerland
|
+$478K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$202K |
| 4 |
Renaissance Technologies
New York
|
+$138K |
| 5 |
BlackRock
New York
|
+$93.2K |
Top Sellers
FENG Hedge Fund Activity: Q2 2017 in Review
38 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q2 2017, worth a combined $23.2M — down 30% from $33.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FENG positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 17 trimmed.
The largest buyer was Hermes Investment Management, adding an estimated $510K. The largest seller was Fidelity International, cutting an estimated $1.37M.
- 38 institutional investors held Phoenix New Media (FENG) as of Q2 2017, up from 37 in Q1 2017.
- Funds reported $23.2M of Phoenix New Media stock for Q2 2017, down 30% quarter-over-quarter.
- 4 funds opened new Phoenix New Media positions in Q2 2017 and 3 closed out, a net change of +1 holder.
- The largest Phoenix New Media buyer in Q2 2017 was Hermes Investment Management, an estimated $510K added.
- The largest Phoenix New Media seller in Q2 2017 was Fidelity International, an estimated $1.37M sold.
Based on aggregated 13F filings for Q2 2017.