Gaotu Techedu
GOTU
25 hedge funds and large institutions have $358M invested in Gaotu Techedu in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 9 closing their positions.
113% more capital invested
Capital invested by funds: $168M → $358M (+$190M)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
19% more funds holding
Funds holding: 21 → 25 (+4)
9.31% more ownership
Funds ownership: 18.74% → 28.05% (+9.3%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$85.8M |
| 2 |
Goldman Sachs
New York
|
+$30.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$11.7M |
| 4 |
Bank of New York Mellon
New York
|
+$8.52M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$7.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$26.5M |
| 2 |
GAM
Greenwoods Asset Management
Grand Cayman,
Cayman Islands
|
-$10.8M |
| 3 |
SCH
Sylebra Capital (HK)
Hong Kong
|
-$6.62M |
| 4 |
BPIH
Broad Peak Investment Holdings
Singapore
|
-$6.47M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$5.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BPIH
26
Broad Peak Investment Holdings
Singapore
| – | -$6.47M | -600,000 | Closed |
|
|
AAMU
27
Amundi Asset Management US
Boston,
Massachusetts
| – | -$5.39M | -500,000 | Closed |
|
28
Millennium Management
New York
| – | -$3.14M | -290,715 | Closed |
|
|
MIM
29
Monashee Investment Management
Boston,
Massachusetts
| – | -$1.12M | -103,520 | Closed |
|
|
DIM
30
DC Investments Management
Mclean,
Virginia
| – | -$618K | -57,252 | Closed |
|
|
PHK
31
Point72 Hong Kong
Hong Kong
| – | -$265K | -24,600 | Closed |
|
32
AllianceBernstein
Nashville,
Tennessee
| – | -$216K | -20,000 | Closed |
|
|
FIA
33
FNY Investment Advisers
New York
| – | -$1K | -100 | Closed |
|
GOTU Hedge Fund Activity: Q3 2019 in Review
25 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Gaotu Techedu (GOTU) for Q3 2019, worth a combined $358M — up 113% from $168M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GOTU positions and 9 closed out — a net gain of 4 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $85.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $26.5M.
- 25 institutional investors held Gaotu Techedu (GOTU) as of Q3 2019, up from 21 in Q2 2019.
- Funds reported $358M of Gaotu Techedu stock for Q3 2019, up 113% quarter-over-quarter.
- 13 funds opened new Gaotu Techedu positions in Q3 2019 and 9 closed out, a net change of +4 holders.
- The largest Gaotu Techedu buyer in Q3 2019 was Morgan Stanley, an estimated $85.8M added.
- The largest Gaotu Techedu seller in Q3 2019 was T. Rowe Price Associates, an estimated $26.5M sold.
Based on aggregated 13F filings for Q3 2019.