Phoenix New Media
FENG
29 hedge funds and large institutions have $13M invested in Phoenix New Media in 2021 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 4 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
7% more capital invested
Capital invested by funds: $12.1M → $13M (+$899K)
0.1% more ownership
Funds ownership: 0.42% → 0.52% (+0.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 32 → 29 (-3)
28% less call options, than puts
Call options by funds: $240K | Put options by funds: $332K
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$2.6M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$557K |
| 3 |
Morgan Stanley
New York
|
+$463K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$86K |
| 5 |
Goldman Sachs
New York
|
+$84K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$697K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$232K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$184K |
| 4 |
Jane Street
New York
|
-$109K |
| 5 |
VF
Virtu Financial
New York
|
-$95.1K |
FENG Hedge Fund Activity: Q2 2021 in Review
29 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q2 2021, worth a combined $13M — up 7.5% from $12.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FENG and 1 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 12 added.
The largest buyer was Fidelity International, adding an estimated $2.6M. The largest seller was Renaissance Technologies, cutting an estimated $697K.
- 29 institutional investors held Phoenix New Media (FENG) as of Q2 2021, down from 32 in Q1 2021.
- Funds reported $13M of Phoenix New Media stock for Q2 2021, up 7.5% quarter-over-quarter.
- 1 fund opened new Phoenix New Media positions in Q2 2021 and 4 closed out, a net change of -3 holders.
- The largest Phoenix New Media buyer in Q2 2021 was Fidelity International, an estimated $2.6M added.
- The largest Phoenix New Media seller in Q2 2021 was Renaissance Technologies, an estimated $697K sold.
Based on aggregated 13F filings for Q2 2021.