KongZhong Corporation
KZ
KZ was delisted on the 13th of April, 2017.
35 hedge funds and large institutions have $27.5M invested in KongZhong Corporation in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 9 closing their positions.
1,224% more call options, than puts
Call options by funds: $225K | Put options by funds: $17K
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
40% more capital invested
Capital invested by funds: $19.7M → $27.5M (+$7.83M)
10% less funds holding
Funds holding: 39 → 35 (-4)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.29M |
| 2 |
GP
GLG Partners
London,
United Kingdom
|
+$1.42M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.33M |
| 4 |
BlackRock
New York
|
+$969K |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$635K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sensato Investors
San Francisco,
California
|
-$456K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$427K |
| 3 |
Group One Trading
Chicago,
Illinois
|
-$325K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$266K |
| 5 |
KAM
Kassirer Asset Management
Toronto,
Ontario, Canada
|
-$208K |
KZ Hedge Fund Activity: Q1 2017 in Review
35 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in KongZhong Corporation (KZ) for Q1 2017, worth a combined $27.5M — up 40% from $19.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of KZ and 8 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 15 added.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $3.29M. The largest seller was Sensato Investors, cutting an estimated $456K.
- 35 institutional investors held KongZhong Corporation (KZ) as of Q1 2017, down from 39 in Q4 2016.
- Funds reported $27.5M of KongZhong Corporation stock for Q1 2017, up 40% quarter-over-quarter.
- 8 funds opened new KongZhong Corporation positions in Q1 2017 and 9 closed out, a net change of -1 holder.
- The largest KongZhong Corporation buyer in Q1 2017 was Arrowstreet Capital, an estimated $3.29M added.
- The largest KongZhong Corporation seller in Q1 2017 was Sensato Investors, an estimated $456K sold.
Based on aggregated 13F filings for Q1 2017.