FinVolution Group
FINV
74 hedge funds and large institutions have $59.3M invested in FinVolution Group in 2020 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 10 closing their positions.
160% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 10
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
28% more funds holding
Funds holding: 58 → 74 (+16)
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
2.01% less ownership
Funds ownership: 5.5% → 3.49% (-2%)
31% less capital invested
Capital invested by funds: $86.4M → $59.3M (-$27.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.19M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.41M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.29M |
| 4 |
Renaissance Technologies
New York
|
+$949K |
| 5 |
HLA
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
|
+$857K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
HSG Holding
Na,
Hong Kong
|
-$30.9M |
| 2 |
KFA
Krane Funds Advisors
New York
|
-$4.75M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.06M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.7M |
| 5 |
Millennium Management
New York
|
-$1.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ERSOT
76
Employees Retirement System of Texas
Austin,
Texas
| – | -$48K | -27,100 | Closed |
|
77
Wolverine Trading
Chicago,
Illinois
| – | -$29K | -19,690 | Closed |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| – | -$17K | -9,542 | Closed |
|
79
Group One Trading
Chicago,
Illinois
| – | -$5K | -3,000 | Closed |
|
|
S
80
SignatureFD
Atlanta,
Georgia
| – | -$3K | -1,935 | Closed |
|
|
FHA
81
Flagship Harbor Advisors
Boston,
Massachusetts
| – | +$410 | +246 | New |
|
FINV Hedge Fund Activity: Q2 2020 in Review
74 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in FinVolution Group (FINV) for Q2 2020, worth a combined $59.3M — down 31% from $86.4M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FINV positions and 10 closed out — a net gain of 16 holders — while 21 added to existing stakes and 18 trimmed.
The largest buyer was Acadian Asset Management, opening a new position worth an estimated $3.19M. The largest seller was HSG Holding, exiting entirely with an estimated $30.9M sold.
- 74 institutional investors held FinVolution Group (FINV) as of Q2 2020, up from 58 in Q1 2020.
- Funds reported $59.3M of FinVolution Group stock for Q2 2020, down 31% quarter-over-quarter.
- 26 funds opened new FinVolution Group positions in Q2 2020 and 10 closed out, a net change of +16 holders.
- The largest FinVolution Group buyer in Q2 2020 was Acadian Asset Management, an estimated $3.19M added.
- The largest FinVolution Group seller in Q2 2020 was HSG Holding, an estimated $30.9M sold.
Based on aggregated 13F filings for Q2 2020.