Phoenix New Media
FENG
22 hedge funds and large institutions have $19.5M invested in Phoenix New Media in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
0.03% less ownership
Funds ownership: 0.65% → 0.62% (-0.03%)
12% less funds holding
Funds holding: 25 → 22 (-3)
27% less capital invested
Capital invested by funds: $26.6M → $19.5M (-$7.17M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
86% less call options, than puts
Call options by funds: $4K | Put options by funds: $28K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$201K |
| 2 |
Morgan Stanley
New York
|
+$172K |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$133K |
| 4 |
Renaissance Technologies
New York
|
+$116K |
| 5 |
Goldman Sachs
New York
|
+$59K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$900K |
| 2 |
JGC
J. Goldman & Co
New York
|
-$445K |
| 3 |
Barclays
London,
United Kingdom
|
-$275K |
| 4 |
PC
Polar Capital
London,
United Kingdom
|
-$171K |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$121K |
FENG Hedge Fund Activity: Q4 2019 in Review
22 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q4 2019, worth a combined $19.5M — down 27% from $26.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FENG and 3 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 7 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $201K. The largest seller was Park West Asset Management, exiting entirely with an estimated $900K sold.
- 22 institutional investors held Phoenix New Media (FENG) as of Q4 2019, down from 25 in Q3 2019.
- Funds reported $19.5M of Phoenix New Media stock for Q4 2019, down 27% quarter-over-quarter.
- 3 funds opened new Phoenix New Media positions in Q4 2019 and 6 closed out, a net change of -3 holders.
- The largest Phoenix New Media buyer in Q4 2019 was Dimensional Fund Advisors, an estimated $201K added.
- The largest Phoenix New Media seller in Q4 2019 was Park West Asset Management, an estimated $900K sold.
Based on aggregated 13F filings for Q4 2019.