KongZhong Corporation
KZ
KZ was delisted on the 13th of April, 2017.
27 hedge funds and large institutions have $32.2M invested in KongZhong Corporation in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 10 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
13% less funds holding
Funds holding: 31 → 27 (-4)
16% less capital invested
Capital invested by funds: $38.5M → $32.2M (-$6.24M)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
73% less call options, than puts
Call options by funds: $366K | Put options by funds: $1.37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$4.71M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$2.61M |
| 3 |
Morgan Stanley
New York
|
+$970K |
| 4 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$289K |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$242K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$1.65M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.62M |
| 3 |
CCM
Connective Capital Management
Palo Alto,
California
|
-$977K |
| 4 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$429K |
| 5 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$394K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
26
Connective Capital Management
Palo Alto,
California
| – | -$977K | -112,529 | Closed |
|
|
GPCM
27
Granite Point Capital Management
Boston,
Massachusetts
| – | -$394K | -45,360 | Closed |
|
|
VKH
28
Virtu KCG Holdings
New York
| – | -$173K | -19,875 | Closed |
|
29
Acadian Asset Management
Boston,
Massachusetts
| – | -$113K | -12,931 | Closed |
|
|
PP
30
PDT Partners
New York
| – | -$106K | -12,259 | Closed |
|
|
AAM
31
Advisors Asset Management
Monument,
Colorado
| – | -$43K | -4,940 | Closed |
|
32
Bank of America
Charlotte,
North Carolina
| – | -$38.8K | -4,900 | -100% |
|
|
CAM
33
ClariVest Asset Management
San Diego,
California
| – | -$16K | -1,853 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$13K | -1,451 | Closed |
|
35
Parallax Volatility Advisers
San Francisco,
California
| – | -$8K | -894 | Closed |
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -166 | Closed |
|
37
Ameriprise
Minneapolis,
Minnesota
| – | +$206 | +26 | +57% |
|
KZ Hedge Fund Activity: Q3 2014 in Review
27 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in KongZhong Corporation (KZ) for Q3 2014, worth a combined $32.2M — down 16% from $38.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of KZ and 6 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Pine River Capital Management, adding an estimated $4.71M. The largest seller was Oberweis Asset Management, cutting an estimated $1.65M.
- 27 institutional investors held KongZhong Corporation (KZ) as of Q3 2014, down from 31 in Q2 2014.
- Funds reported $32.2M of KongZhong Corporation stock for Q3 2014, down 16% quarter-over-quarter.
- 6 funds opened new KongZhong Corporation positions in Q3 2014 and 10 closed out, a net change of -4 holders.
- The largest KongZhong Corporation buyer in Q3 2014 was Pine River Capital Management, an estimated $4.71M added.
- The largest KongZhong Corporation seller in Q3 2014 was Oberweis Asset Management, an estimated $1.65M sold.
Based on aggregated 13F filings for Q3 2014.