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Gaotu Techedu

93 hedge funds and large institutions have $2.03B invested in Gaotu Techedu in 2020 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 27 increasing their positions, 20 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 12

92% more capital invested

Capital invested by funds: $1.06B → $2.03B (+$970M)

50% more funds holding

Funds holding: 6293 (+31)

35% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 20

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

4.42% more ownership

Funds ownership: 51.2%55.62% (+4.4%)

83% less call options, than puts

Call options by funds: $18.6M | Put options by funds: $111M

Holders
93
Holders Change
+31
Holders Change %
+50%
% of All Funds
2.05%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
44
Increased
27
Reduced
20
Closed
12
Calls
$18.6M
Puts
$111M
Net Calls
-$91.9M
Net Calls Change
-$59.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$428M -$4.55M -123,144 -1%
Bank of America
2
Bank of America
North Carolina
$318M +$18.8M +508,704 +7%
Citigroup
3
Citigroup
New York
$171M +$85.3M +2,311,497 +134%
Goldman Sachs
4
Goldman Sachs
New York
$131M -$15M -406,766 -12%
UBS Group
5
UBS Group
Switzerland
$130M +$29.9M +808,696 +36%
JP Morgan Chase
6
JP Morgan Chase
New York
$130M +$32.1M +869,329 +40%
SCH
7
Sylebra Capital (HK)
Hong Kong
$102M +$19.3M +522,104 +28%
Vanguard Group
8
Vanguard Group
Pennsylvania
$63M +$13.4M +362,340 +32%
KFA
9
Krane Funds Advisors
New York
$56.7M +$12.2M +331,177 +33%
Kayne Anderson Rudnick Investment Management
10
Kayne Anderson Rudnick Investment Management
California
$56.1M +$13.2M +358,656 +37%
William Blair Investment Management
11
William Blair Investment Management
Illinois
$43M +$16M +434,694 +75%
DCM
12
Driehaus Capital Management
Illinois
$40.5M +$35.3M +955,474 New
Bank of New York Mellon
13
Bank of New York Mellon
New York
$32.6M +$221K +5,974 +0.8%
PAMU
14
Pictet Asset Management (UK)
United Kingdom
$24.4M -$38.5M -1,043,154 -64%
CS
15
Credit Suisse
Switzerland
$23.7M -$18.9M -510,774 -48%
PAM
16
Pinpoint Asset Management
Hong Kong
$21.4M +$18.7M +505,886 New
Mirae Asset Global Investments
17
Mirae Asset Global Investments
South Korea
$21.2M +$18.5M +500,017 New
T. Rowe Price Associates
18
T. Rowe Price Associates
Maryland
$20.7M -$28M -759,298 -61%
Norges Bank
19
Norges Bank
Norway
$19.5M +$6.92M +187,446 +69%
SSA
20
Schonfeld Strategic Advisors
New York
$19.3M +$16.8M +455,409 New
Renaissance Technologies
21
Renaissance Technologies
New York
$15.5M +$13.5M +366,453 New
Millennium Management
22
Millennium Management
New York
$14.5M +$10.3M +278,838 +440%
Franklin Resources
23
Franklin Resources
California
$14M +$12.2M +331,352 New
American Century Companies
24
American Century Companies
Missouri
$13.2M -$30.8M -834,901 -73%
Wellington Management Group
25
Wellington Management Group
Massachusetts
$11.9M -$19.6M -530,439 -65%

GOTU Hedge Fund Activity: Q1 2020 in Review

93 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Gaotu Techedu (GOTU) for Q1 2020, worth a combined $2.03B — up 92% from $1.06B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new GOTU positions and 12 closed out — a net gain of 32 holders — while 27 added to existing stakes and 20 trimmed.

The largest buyer was Citigroup, adding an estimated $85.3M. The largest seller was Trivest Advisors, exiting entirely with an estimated $51.8M sold.

  • 93 institutional investors held Gaotu Techedu (GOTU) as of Q1 2020, up from 62 in Q4 2019.
  • Funds reported $2.03B of Gaotu Techedu stock for Q1 2020, up 92% quarter-over-quarter.
  • 44 funds opened new Gaotu Techedu positions in Q1 2020 and 12 closed out, a net change of +32 holders.
  • The largest Gaotu Techedu buyer in Q1 2020 was Citigroup, an estimated $85.3M added.
  • The largest Gaotu Techedu seller in Q1 2020 was Trivest Advisors, an estimated $51.8M sold.

Based on aggregated 13F filings for Q1 2020.