Kaixin Holdings
KXIN
21 hedge funds and large institutions have $181M invested in Kaixin Holdings in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
31% more funds holding
Funds holding: 16 → 21 (+5)
23% more capital invested
Capital invested by funds: $147M → $181M (+$33.9M)
12.68% more ownership
Funds ownership: 55.6% → 68.29% (+13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$12.2M |
| 2 |
CFIC
City Financial Investment Company
London,
United Kingdom
|
+$8.15M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$8.15M |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$8.15M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$8.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$18.7M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$6.07M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$4.08M |
| 4 |
OCAM
Owl Creek Asset Management
New York
|
-$1.54M |
| 5 |
Walleye Trading
New York
|
-$761K |
KXIN Hedge Fund Activity: Q4 2018 in Review
21 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Kaixin Holdings (KXIN) for Q4 2018, worth a combined $181M — up 23% from $147M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new KXIN positions and 2 closed out — a net gain of 5 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Weiss Asset Management, adding an estimated $12.2M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $18.7M sold.
- 21 institutional investors held Kaixin Holdings (KXIN) as of Q4 2018, up from 16 in Q3 2018.
- Funds reported $181M of Kaixin Holdings stock for Q4 2018, up 23% quarter-over-quarter.
- 7 funds opened new Kaixin Holdings positions in Q4 2018 and 2 closed out, a net change of +5 holders.
- The largest Kaixin Holdings buyer in Q4 2018 was Weiss Asset Management, an estimated $12.2M added.
- The largest Kaixin Holdings seller in Q4 2018 was Karpus Investment Management, an estimated $18.7M sold.
Based on aggregated 13F filings for Q4 2018.