NaaS Technology Inc
NAAS
7 hedge funds and large institutions have $18.6M invested in NaaS Technology Inc in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
1.84% less ownership
Funds ownership: 10.31% → 8.47% (-1.8%)
36% less funds holding
Funds holding: 11 → 7 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
90% less capital inflows, than outflows
Capital inflows: $412K | Capital outflows: $4.33M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$147K |
| 2 |
Millennium Management
New York
|
+$118K |
| 3 |
Credit Suisse
Zurich,
Switzerland
|
+$88.2K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$58.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.74M |
| 2 |
Morgan Stanley
New York
|
-$1.44M |
| 3 |
WFM Asia
Road Town, Tortola,
British Virgin Islands
|
-$627K |
| 4 |
State Street
Boston,
Massachusetts
|
-$328K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$103K |
NAAS Hedge Fund Activity: Q2 2020 in Review
7 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in NaaS Technology Inc (NAAS) for Q2 2020, worth a combined $18.6M — down 22% from $23.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of NAAS and 2 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Renaissance Technologies, adding an estimated $147K. The largest seller was BlackRock, exiting entirely with an estimated $1.74M sold.
- 7 institutional investors held NaaS Technology Inc (NAAS) as of Q2 2020, down from 11 in Q1 2020.
- Funds reported $18.6M of NaaS Technology Inc stock for Q2 2020, down 22% quarter-over-quarter.
- 2 funds opened new NaaS Technology Inc positions in Q2 2020 and 6 closed out, a net change of -4 holders.
- The largest NaaS Technology Inc buyer in Q2 2020 was Renaissance Technologies, an estimated $147K added.
- The largest NaaS Technology Inc seller in Q2 2020 was BlackRock, an estimated $1.74M sold.
Based on aggregated 13F filings for Q2 2020.