Phoenix New Media
FENG
34 hedge funds and large institutions have $47.6M invested in Phoenix New Media in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 4 closing their positions.
360% more call options, than puts
Call options by funds: $299K | Put options by funds: $65K
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
38% more capital invested
Capital invested by funds: $34.4M → $47.6M (+$13.1M)
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
10% more funds holding
Funds holding: 31 → 34 (+3)
0.33% less ownership
Funds ownership: 0.66% → 0.32% (-0.33%)
Top Buyers
| 1 |
IVA
International Value Advisers
|
+$3.33M |
| 2 |
PHK
Point72 Hong Kong
Hong Kong
|
+$1.04M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$393K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$338K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$236K |
Top Sellers
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$1.18M |
| 2 |
PC
Polar Capital
London,
United Kingdom
|
-$320K |
| 3 |
Millennium Management
New York
|
-$303K |
| 4 |
JGC
J. Goldman & Co
New York
|
-$220K |
| 5 |
Two Sigma Advisers
New York
|
-$117K |
FENG Hedge Fund Activity: Q1 2019 in Review
34 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q1 2019, worth a combined $47.6M — up 38% from $34.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FENG positions and 4 closed out — a net gain of 3 holders — while 13 added to existing stakes and 11 trimmed.
The largest buyer was International Value Advisers, adding an estimated $3.33M. The largest seller was Park West Asset Management, cutting an estimated $1.18M.
- 34 institutional investors held Phoenix New Media (FENG) as of Q1 2019, up from 31 in Q4 2018.
- Funds reported $47.6M of Phoenix New Media stock for Q1 2019, up 38% quarter-over-quarter.
- 7 funds opened new Phoenix New Media positions in Q1 2019 and 4 closed out, a net change of +3 holders.
- The largest Phoenix New Media buyer in Q1 2019 was International Value Advisers, an estimated $3.33M added.
- The largest Phoenix New Media seller in Q1 2019 was Park West Asset Management, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2019.