KongZhong Corporation
KZ
KZ was delisted on the 13th of April, 2017.
23 hedge funds and large institutions have $19.5M invested in KongZhong Corporation in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 13 reducing their positions, and 9 closing their positions.
15% less funds holding
Funds holding: 27 → 23 (-4)
35% less call options, than puts
Call options by funds: $200K | Put options by funds: $308K
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
61% less capital invested
Capital invested by funds: $50.2M → $19.5M (-$30.7M)
69% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$250K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$221K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$200K |
| 4 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$150K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$53K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$1.69M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.65M |
| 3 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$1.65M |
| 4 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$1.62M |
| 5 |
Renaissance Technologies
New York
|
-$1.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Jane Street
New York
| – | -$749K | -57,162 | Closed |
|
|
RFC
27
Russell Frank Company
Seattle,
Washington
| – | -$309K | -25,247 | Closed |
|
28
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$199K | -15,196 | Closed |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$117K | -8,978 | Closed |
|
30
Barclays
London,
United Kingdom
| – | -$1K | -87 | Closed |
|
KZ Hedge Fund Activity: Q4 2013 in Review
23 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in KongZhong Corporation (KZ) for Q4 2013, worth a combined $19.5M — down 61% from $50.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of KZ and 5 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 4 added.
The largest buyer was D.E. Shaw & Co, opening a new position worth an estimated $250K. The largest seller was Fidelity International, cutting an estimated $1.69M.
- 23 institutional investors held KongZhong Corporation (KZ) as of Q4 2013, down from 27 in Q3 2013.
- Funds reported $19.5M of KongZhong Corporation stock for Q4 2013, down 61% quarter-over-quarter.
- 5 funds opened new KongZhong Corporation positions in Q4 2013 and 9 closed out, a net change of -4 holders.
- The largest KongZhong Corporation buyer in Q4 2013 was D.E. Shaw & Co, an estimated $250K added.
- The largest KongZhong Corporation seller in Q4 2013 was Fidelity International, an estimated $1.69M sold.
Based on aggregated 13F filings for Q4 2013.