KongZhong Corporation
KZ
KZ was delisted on the 13th of April, 2017.
29 hedge funds and large institutions have $43.6M invested in KongZhong Corporation in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 7 closing their positions.
123% more capital invested
Capital invested by funds: $19.5M → $43.6M (+$24.1M)
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
26% more funds holding
Funds holding: 23 → 29 (+6)
26% less call options, than puts
Call options by funds: $1.36M | Put options by funds: $1.84M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$3.53M |
| 2 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$1.85M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.5M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.79M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$675K |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$564K |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$176K |
| 5 |
Goldman Sachs
New York
|
-$148K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Parallax Volatility Advisers
San Francisco,
California
| $5K | +$3.67K | +397 | New |
|
|
TCM
27
Tradewinds Capital Management
Bellingham,
Washington
| $1K | +$925 | +100 | New |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1K | +$1.61K | +174 | New |
|
|
29
Acadian Asset Management
Boston,
Massachusetts
| – | -$675K | -93,515 | Closed |
|
|
30
Schroder Investment Management Group
London,
United Kingdom
| – | -$176K | -24,400 | Closed |
|
|
31
Goldman Sachs
New York
| – | -$148K | -20,500 | Closed |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$136K | -18,851 | Closed |
|
33
Bank of America
Charlotte,
North Carolina
| – | -$84K | -11,600 | Closed |
|
|
CS
34
Credit Suisse
Zurich,
Switzerland
| – | -$80K | -11,092 | Closed |
|
35
BNP Paribas Financial Markets
Paris,
France
| – | -$253 | -35 | Closed |
|
36
Ameriprise
Minneapolis,
Minnesota
| – | +$130 | +14 | +67% |
|
KZ Hedge Fund Activity: Q1 2014 in Review
29 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in KongZhong Corporation (KZ) for Q1 2014, worth a combined $43.6M — up 123% from $19.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new KZ positions and 7 closed out — a net gain of 6 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Pine River Capital Management, opening a new position worth an estimated $3.53M. The largest seller was Renaissance Technologies, cutting an estimated $1.79M.
- 29 institutional investors held KongZhong Corporation (KZ) as of Q1 2014, up from 23 in Q4 2013.
- Funds reported $43.6M of KongZhong Corporation stock for Q1 2014, up 123% quarter-over-quarter.
- 13 funds opened new KongZhong Corporation positions in Q1 2014 and 7 closed out, a net change of +6 holders.
- The largest KongZhong Corporation buyer in Q1 2014 was Pine River Capital Management, an estimated $3.53M added.
- The largest KongZhong Corporation seller in Q1 2014 was Renaissance Technologies, an estimated $1.79M sold.
Based on aggregated 13F filings for Q1 2014.