KongZhong Corporation
KZ
KZ was delisted on the 13th of April, 2017.
39 hedge funds and large institutions have $19.7M invested in KongZhong Corporation in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
22% more funds holding
Funds holding: 32 → 39 (+7)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
19% less capital invested
Capital invested by funds: $24.2M → $19.7M (-$4.5M)
54% less call options, than puts
Call options by funds: $312K | Put options by funds: $677K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$791K |
| 2 |
KAM
Kassirer Asset Management
Toronto,
Ontario, Canada
|
+$204K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$175K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$112K |
| 5 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$91.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.18M |
| 2 |
TAAM
Top Ace Asset Management
Hong Kong
|
-$1.69M |
| 3 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$1.28M |
| 4 |
SI
Sensato Investors
San Francisco,
California
|
-$1.05M |
| 5 |
Citigroup
New York
|
-$374K |
KZ Hedge Fund Activity: Q4 2016 in Review
39 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in KongZhong Corporation (KZ) for Q4 2016, worth a combined $19.7M — down 19% from $24.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new KZ positions and 3 closed out — a net gain of 7 holders — while 12 added to existing stakes and 13 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $791K. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $2.18M sold.
- 39 institutional investors held KongZhong Corporation (KZ) as of Q4 2016, up from 32 in Q3 2016.
- Funds reported $19.7M of KongZhong Corporation stock for Q4 2016, down 19% quarter-over-quarter.
- 10 funds opened new KongZhong Corporation positions in Q4 2016 and 3 closed out, a net change of +7 holders.
- The largest KongZhong Corporation buyer in Q4 2016 was Schroder Investment Management Group, an estimated $791K added.
- The largest KongZhong Corporation seller in Q4 2016 was Arrowstreet Capital, an estimated $2.18M sold.
Based on aggregated 13F filings for Q4 2016.