NaaS Technology Inc
NAAS
18 hedge funds and large institutions have $113M invested in NaaS Technology Inc in 2018 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 9 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
0% less ownership
Funds ownership: 0% → 0% (-0%)
19% less capital invested
Capital invested by funds: $140M → $113M (-$26.8M)
31% less funds holding
Funds holding: 26 → 18 (-8)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13.5M |
| 2 |
WA
WFM Asia
Road Town, Tortola,
British Virgin Islands
|
+$4.04M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.79M |
| 4 |
ICP
Indus Capital Partners
New York
|
+$961K |
| 5 |
State Street
Boston,
Massachusetts
|
+$288K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KM
Kylin Management
New York
|
-$9.18M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$6.63M |
| 3 |
YCMGA
York Capital Management Global Advisors
New York
|
-$2.4M |
| 4 |
Millennium Management
New York
|
-$2.21M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Jane Street
New York
| – | -$599K | -5 | Closed |
|
27
Point72 Asset Management
Stamford,
Connecticut
| – | -$328K | -3 | Closed |
|
28
D.E. Shaw & Co
New York
| – | -$278K | -2 | Closed |
|
|
TI
29
Trexquant Investment
Stamford,
Connecticut
| – | -$191K | -2 | Closed |
|
|
PCM
30
Prelude Capital Management
New York
| – | -$101K | -1 | Closed |
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$96.1K | -1 | Closed |
|
32
UBS Group
Zurich,
Switzerland
| – | -$40K | – | – |
|
NAAS Hedge Fund Activity: Q3 2018 in Review
18 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in NaaS Technology Inc (NAAS) for Q3 2018, worth a combined $113M — down 19% from $140M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NAAS and 1 opened new positions — a net loss of 8 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Morgan Stanley, adding an estimated $13.5M. The largest seller was Kylin Management, exiting entirely with an estimated $9.18M sold.
- 18 institutional investors held NaaS Technology Inc (NAAS) as of Q3 2018, down from 26 in Q2 2018.
- Funds reported $113M of NaaS Technology Inc stock for Q3 2018, down 19% quarter-over-quarter.
- 1 fund opened new NaaS Technology Inc positions in Q3 2018 and 9 closed out, a net change of -8 holders.
- The largest NaaS Technology Inc buyer in Q3 2018 was Morgan Stanley, an estimated $13.5M added.
- The largest NaaS Technology Inc seller in Q3 2018 was Kylin Management, an estimated $9.18M sold.
Based on aggregated 13F filings for Q3 2018.