JinkoSolar
JKS
75 hedge funds and large institutions have $247M invested in JinkoSolar in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 13 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
40% more capital invested
Capital invested by funds: $176M → $247M (+$71.2M)
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
6% more funds holding
Funds holding: 71 → 75 (+4)
0.5% more ownership
Funds ownership: 7.24% → 7.74% (+0.5%)
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
32% less call options, than puts
Call options by funds: $23.9M | Put options by funds: $35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$8.88M |
| 2 |
Capital Fund Management (CFM)
Paris,
France
|
+$5.06M |
| 3 |
MCM
Moore Capital Management
New York
|
+$4.78M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.09M |
| 5 |
KCM
Kingdon Capital Management
New York
|
+$3.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Electron Capital Partners
New York
|
-$5.71M |
| 2 |
CAIMH
Central Asset Investments & Management Holdings
Hong Kong
|
-$3.57M |
| 3 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$3.56M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.05M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$2.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
76
Contrarian Capital Management
Greenwich,
Connecticut
| – | -$3.56M | -180,404 | Closed |
|
|
NCCM
77
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$1.05M | -53,100 | Closed |
|
|
AGM
78
Alpine Global Management
New York
| – | -$1.04M | -52,673 | Closed |
|
79
Millennium Management
New York
| – | -$1.03M | -52,288 | Closed |
|
|
GMCM
80
Gruber & McBaine Capital Management
San Francisco,
California
| – | -$986K | -50,000 | Closed |
|
|
VKH
81
Virtu KCG Holdings
New York
| – | -$552K | -28,029 | Closed |
|
82
D.E. Shaw & Co
New York
| – | -$542K | -27,485 | Closed |
|
83
Group One Trading
Chicago,
Illinois
| – | -$577K | -27,176 | Closed |
|
|
FMA
84
FNY Managed Accounts
New York
| – | -$307K | -15,600 | Closed |
|
85
JP Morgan Chase
New York
| – | -$226K | -11,494 | Closed |
|
86
Creative Planning
Overland Park,
Kansas
| – | -$39K | -2,000 | Closed |
|
|
FNYS
87
First New York Securities
New York
| – | -$39.4K | -2,000 | Closed |
|
|
BPBT
88
Boston Private Bank & Trust
Boston,
Massachusetts
| – | -$2K | -100 | Closed |
|
JKS Hedge Fund Activity: Q1 2015 in Review
75 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in JinkoSolar (JKS) for Q1 2015, worth a combined $247M — up 40% from $176M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new JKS positions and 13 closed out — a net gain of 4 holders — while 20 added to existing stakes and 23 trimmed.
The largest buyer was Canyon Capital Advisors, opening a new position worth an estimated $8.88M. The largest seller was Electron Capital Partners, cutting an estimated $5.71M.
- 75 institutional investors held JinkoSolar (JKS) as of Q1 2015, up from 71 in Q4 2014.
- Funds reported $247M of JinkoSolar stock for Q1 2015, up 40% quarter-over-quarter.
- 17 funds opened new JinkoSolar positions in Q1 2015 and 13 closed out, a net change of +4 holders.
- The largest JinkoSolar buyer in Q1 2015 was Canyon Capital Advisors, an estimated $8.88M added.
- The largest JinkoSolar seller in Q1 2015 was Electron Capital Partners, an estimated $5.71M sold.
Based on aggregated 13F filings for Q1 2015.