Phoenix New Media
FENG
30 hedge funds and large institutions have $8.01M invested in Phoenix New Media in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 5 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
15% more funds holding
Funds holding: 26 → 30 (+4)
0.17% less ownership
Funds ownership: 0.59% → 0.42% (-0.17%)
42% less capital invested
Capital invested by funds: $13.8M → $8.01M (-$5.84M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$418K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$247K |
| 3 |
AG
Aperio Group
Sausalito,
California
|
+$199K |
| 4 |
Morgan Stanley
New York
|
+$182K |
| 5 |
Millennium Management
New York
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVA
International Value Advisers
|
-$4.49M |
| 2 |
SCH
Sylebra Capital (HK)
Hong Kong
|
-$728K |
| 3 |
JGC
J. Goldman & Co
New York
|
-$352K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$73.7K |
| 5 |
State Street
Boston,
Massachusetts
|
-$67K |
FENG Hedge Fund Activity: Q3 2020 in Review
30 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q3 2020, worth a combined $8.01M — down 42% from $13.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FENG positions and 5 closed out — a net gain of 4 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $418K. The largest seller was International Value Advisers, cutting an estimated $4.49M.
- 30 institutional investors held Phoenix New Media (FENG) as of Q3 2020, up from 26 in Q2 2020.
- Funds reported $8.01M of Phoenix New Media stock for Q3 2020, down 42% quarter-over-quarter.
- 9 funds opened new Phoenix New Media positions in Q3 2020 and 5 closed out, a net change of +4 holders.
- The largest Phoenix New Media buyer in Q3 2020 was Renaissance Technologies, an estimated $418K added.
- The largest Phoenix New Media seller in Q3 2020 was International Value Advisers, an estimated $4.49M sold.
Based on aggregated 13F filings for Q3 2020.