KongZhong Corporation
KZ
KZ was delisted on the 13th of April, 2017.
31 hedge funds and large institutions have $38.5M invested in KongZhong Corporation in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 8 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
7% more funds holding
Funds holding: 29 → 31 (+2)
12% less capital invested
Capital invested by funds: $43.6M → $38.5M (-$5.14M)
80% less call options, than puts
Call options by funds: $592K | Put options by funds: $3.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$3.41M |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$1.47M |
| 3 |
CCM
Connective Capital Management
Palo Alto,
California
|
+$851K |
| 4 |
Renaissance Technologies
New York
|
+$818K |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$641K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.59M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$645K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$339K |
| 4 |
CL
CRCM LP
San Francisco,
California
|
-$264K |
| 5 |
D.E. Shaw & Co
New York
|
-$157K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $13K | +$14.1K | +1,451 | New |
|
|
U
27
UBS
Zurich,
Switzerland
| $8K | -$5.83K | -601 | -39% |
|
28
Parallax Volatility Advisers
San Francisco,
California
| $8K | +$4.82K | +497 | +125% |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$1.61K | +166 | New |
|
30
Walleye Trading
New York
| $30 | +$34.1K | +3,513 | New |
|
|
31
Fidelity Investments
Boston,
Massachusetts
| – | -$645K | -56,200 | Closed |
|
|
32
First Trust Advisors
Wheaton,
Illinois
| – | -$339K | -29,520 | Closed |
|
|
CL
33
CRCM LP
San Francisco,
California
| – | -$264K | -23,000 | Closed |
|
|
AAP
34
Ardsley Advisory Partners
Stamford,
Connecticut
| – | -$115K | -10,000 | Closed |
|
|
PCM
35
Prelude Capital Management
New York
| – | -$81K | -7,100 | Closed |
|
|
SFU
36
Stonehage Fleming (UK)
London,
United Kingdom
| – | -$23K | -2,000 | Closed |
|
37
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1K | -174 | Closed |
|
|
TCM
38
Tradewinds Capital Management
Bellingham,
Washington
| – | -$1K | -100 | Closed |
|
39
Ameriprise
Minneapolis,
Minnesota
| – | +$107 | +11 | +31% |
|
KZ Hedge Fund Activity: Q2 2014 in Review
31 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in KongZhong Corporation (KZ) for Q2 2014, worth a combined $38.5M — down 12% from $43.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new KZ positions and 8 closed out — a net gain of 2 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was Fidelity International, adding an estimated $3.41M. The largest seller was Invesco, cutting an estimated $1.59M.
- 31 institutional investors held KongZhong Corporation (KZ) as of Q2 2014, up from 29 in Q1 2014.
- Funds reported $38.5M of KongZhong Corporation stock for Q2 2014, down 12% quarter-over-quarter.
- 10 funds opened new KongZhong Corporation positions in Q2 2014 and 8 closed out, a net change of +2 holders.
- The largest KongZhong Corporation buyer in Q2 2014 was Fidelity International, an estimated $3.41M added.
- The largest KongZhong Corporation seller in Q2 2014 was Invesco, an estimated $1.59M sold.
Based on aggregated 13F filings for Q2 2014.