KongZhong Corporation
KZ
KZ was delisted on the 13th of April, 2017.
36 hedge funds and large institutions have $33.3M invested in KongZhong Corporation in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
8% less funds holding
Funds holding: 39 → 36 (-3)
37% less capital invested
Capital invested by funds: $52.6M → $33.3M (-$19.2M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
99% less call options, than puts
Call options by funds: $1K | Put options by funds: $154K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$1.11M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$270K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$134K |
| 4 |
Goldman Sachs
New York
|
+$119K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Prudence Asset Management
Hong Kong
|
-$2.27M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$808K |
| 3 |
SG Americas Securities
New York
|
-$711K |
| 4 |
WA
WFM Asia
Road Town, Tortola,
British Virgin Islands
|
-$649K |
| 5 |
PCM
Prelude Capital Management
New York
|
-$628K |
KZ Hedge Fund Activity: Q2 2016 in Review
36 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in KongZhong Corporation (KZ) for Q2 2016, worth a combined $33.3M — down 37% from $52.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of KZ and 4 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 14 added.
The largest buyer was Pine River Capital Management, adding an estimated $1.11M. The largest seller was Prudence Asset Management, cutting an estimated $2.27M.
- 36 institutional investors held KongZhong Corporation (KZ) as of Q2 2016, down from 39 in Q1 2016.
- Funds reported $33.3M of KongZhong Corporation stock for Q2 2016, down 37% quarter-over-quarter.
- 4 funds opened new KongZhong Corporation positions in Q2 2016 and 7 closed out, a net change of -3 holders.
- The largest KongZhong Corporation buyer in Q2 2016 was Pine River Capital Management, an estimated $1.11M added.
- The largest KongZhong Corporation seller in Q2 2016 was Prudence Asset Management, an estimated $2.27M sold.
Based on aggregated 13F filings for Q2 2016.