JinkoSolar
JKS
85 hedge funds and large institutions have $295M invested in JinkoSolar in 2014 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 10 closing their positions.
260% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 10
64% more capital invested
Capital invested by funds: $180M → $295M (+$115M)
44% more funds holding
Funds holding: 59 → 85 (+26)
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
2.72% more ownership
Funds ownership: 5.85% → 8.57% (+2.7%)
36% less call options, than puts
Call options by funds: $26.7M | Put options by funds: $41.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Andor Capital Management
Rye Brook,
New York
|
+$31.7M |
| 2 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$29M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$19.9M |
| 4 |
SCM
Sandler Capital Management
New York
|
+$15.9M |
| 5 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHK
Point72 Hong Kong
Hong Kong
|
-$13.4M |
| 2 |
JC
Jetstream Capital
Brentwood,
Tennessee
|
-$12.3M |
| 3 |
TA
Teachers Advisors
New York
|
-$11.7M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$10.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$8.9M |
JKS Hedge Fund Activity: Q1 2014 in Review
85 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in JinkoSolar (JKS) for Q1 2014, worth a combined $295M — up 64% from $180M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new JKS positions and 10 closed out — a net gain of 26 holders — while 26 added to existing stakes and 19 trimmed.
The largest buyer was Andor Capital Management, opening a new position worth an estimated $31.7M. The largest seller was Point72 Hong Kong, cutting an estimated $13.4M.
- 85 institutional investors held JinkoSolar (JKS) as of Q1 2014, up from 59 in Q4 2013.
- Funds reported $295M of JinkoSolar stock for Q1 2014, up 64% quarter-over-quarter.
- 36 funds opened new JinkoSolar positions in Q1 2014 and 10 closed out, a net change of +26 holders.
- The largest JinkoSolar buyer in Q1 2014 was Andor Capital Management, an estimated $31.7M added.
- The largest JinkoSolar seller in Q1 2014 was Point72 Hong Kong, an estimated $13.4M sold.
Based on aggregated 13F filings for Q1 2014.