KongZhong Corporation
KZ
KZ was delisted on the 13th of April, 2017.
32 hedge funds and large institutions have $24.2M invested in KongZhong Corporation in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 7 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
11% less funds holding
Funds holding: 36 → 32 (-4)
28% less capital invested
Capital invested by funds: $33.3M → $24.2M (-$9.17M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
73% less call options, than puts
Call options by funds: $166K | Put options by funds: $608K
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$1.14M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$916K |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$238K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$175K |
| 5 |
Walleye Trading
New York
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WFM Asia
Road Town, Tortola,
British Virgin Islands
|
-$10.5M |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$5.03M |
| 3 |
Citigroup
New York
|
-$2.29M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$198K |
| 5 |
SI
Sensato Investors
San Francisco,
California
|
-$184K |
KZ Hedge Fund Activity: Q3 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in KongZhong Corporation (KZ) for Q3 2016, worth a combined $24.2M — down 28% from $33.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of KZ and 3 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 14 added.
The largest buyer was Schroder Investment Management Group, opening a new position worth an estimated $1.14M. The largest seller was WFM Asia, exiting entirely with an estimated $10.5M sold.
- 32 institutional investors held KongZhong Corporation (KZ) as of Q3 2016, down from 36 in Q2 2016.
- Funds reported $24.2M of KongZhong Corporation stock for Q3 2016, down 28% quarter-over-quarter.
- 3 funds opened new KongZhong Corporation positions in Q3 2016 and 7 closed out, a net change of -4 holders.
- The largest KongZhong Corporation buyer in Q3 2016 was Schroder Investment Management Group, an estimated $1.14M added.
- The largest KongZhong Corporation seller in Q3 2016 was WFM Asia, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2016.