KongZhong Corporation
KZ
KZ was delisted on the 13th of April, 2017.
27 hedge funds and large institutions have $50.2M invested in KongZhong Corporation in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
137% more capital invested
Capital invested by funds: $21.2M → $50.2M (+$29M)
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
29% more funds holding
Funds holding: 21 → 27 (+6)
94% less call options, than puts
Call options by funds: $597K | Put options by funds: $9.57M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$2.44M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.04M |
| 3 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$1.24M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.17M |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$915K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$2.86M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$899K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$614K |
| 4 |
First Manhattan
New York
|
-$430K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$308K |
KZ Hedge Fund Activity: Q3 2013 in Review
27 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in KongZhong Corporation (KZ) for Q3 2013, worth a combined $50.2M — up 137% from $21.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new KZ positions and 3 closed out — a net gain of 6 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $2.44M. The largest seller was Fidelity International, cutting an estimated $2.86M.
- 27 institutional investors held KongZhong Corporation (KZ) as of Q3 2013, up from 21 in Q2 2013.
- Funds reported $50.2M of KongZhong Corporation stock for Q3 2013, up 137% quarter-over-quarter.
- 9 funds opened new KongZhong Corporation positions in Q3 2013 and 3 closed out, a net change of +6 holders.
- The largest KongZhong Corporation buyer in Q3 2013 was Renaissance Technologies, an estimated $2.44M added.
- The largest KongZhong Corporation seller in Q3 2013 was Fidelity International, an estimated $2.86M sold.
Based on aggregated 13F filings for Q3 2013.