Phoenix New Media
FENG
8 hedge funds and large institutions have $358K invested in Phoenix New Media in 2024 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 6 reducing their positions, and 3 closing their positions.
0.26% less ownership
Funds ownership: 0.33% → 0.07% (-0.26%)
27% less funds holding
Funds holding: 11 → 8 (-3)
71% less capital invested
Capital invested by funds: $1.25M → $358K (-$893K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 6
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
Top Sellers
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$805K |
| 2 |
Morgan Stanley
New York
|
-$128K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$43.3K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$37.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $144K | -$128K | -83,059 | -53% |
|
|
2
Acadian Asset Management
Boston,
Massachusetts
| $91K | -$43.3K | -28,227 | -37% |
|
|
MG
3
Marex Group
London,
| $67.9K | -$1.23K | -800 | -2% |
|
4
Renaissance Technologies
New York
| $46K | -$1.69K | -1,100 | -4% |
|
5
RhumbLine Advisers
Boston,
Massachusetts
| $8.1K | – | – | – |
|
6
Group One Trading
Chicago,
Illinois
| $632 | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $21 | -$2.54K | -1,655 | -99% |
|
|
8
Fidelity International
Hamilton,
Bermuda
| – | -$805K | -550,992 | Closed |
|
|
9
Citadel Advisors
Miami,
Florida
| – | -$37.8K | -27,778 | Closed |
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2.44K | -1,589 | -91% |
|
FENG Hedge Fund Activity: Q1 2024 in Review
8 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Phoenix New Media (FENG) for Q1 2024, worth a combined $358K — down 71% from $1.25M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FENG and 0 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 0 added.
The largest seller was Fidelity International, exiting entirely with an estimated $805K sold.
- 8 institutional investors held Phoenix New Media (FENG) as of Q1 2024, down from 11 in Q4 2023.
- Funds reported $358K of Phoenix New Media stock for Q1 2024, down 71% quarter-over-quarter.
- 0 funds opened new Phoenix New Media positions in Q1 2024 and 3 closed out, a net change of -3 holders.
- The largest Phoenix New Media seller in Q1 2024 was Fidelity International, an estimated $805K sold.
Based on aggregated 13F filings for Q1 2024.