The9 Ltd
NCTY
18 hedge funds and large institutions have $7.43M invested in The9 Ltd in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 9 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
122% more call options, than puts
Call options by funds: $20.4M | Put options by funds: $9.16M
0.01% less ownership
Funds ownership: 0.02% → 0.01% (-0.01%)
14% less funds holding
Funds holding: 21 → 18 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
70% less capital invested
Capital invested by funds: $24.5M → $7.43M (-$17M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.16M |
| 2 |
Citigroup
New York
|
+$1.07M |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$582K |
| 4 |
Morgan Stanley
New York
|
+$538K |
| 5 |
SM
Sabby Management
Miami Beach,
Florida
|
+$519K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$6.99M |
| 2 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$4.09M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$1.93M |
| 4 |
Millennium Management
New York
|
-$1.84M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$431K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| – | -$3K | -11 | Closed |
|
|
HI
27
Harbour Investments
Madison,
Wisconsin
| – | -$2K | -5 | Closed |
|
NCTY Hedge Fund Activity: Q2 2021 in Review
18 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in The9 Ltd (NCTY) for Q2 2021, worth a combined $7.43M — down 70% from $24.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NCTY and 6 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 8 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.16M. The largest seller was CVI Holdings, exiting entirely with an estimated $6.99M sold.
- 18 institutional investors held The9 Ltd (NCTY) as of Q2 2021, down from 21 in Q1 2021.
- Funds reported $7.43M of The9 Ltd stock for Q2 2021, down 70% quarter-over-quarter.
- 6 funds opened new The9 Ltd positions in Q2 2021 and 9 closed out, a net change of -3 holders.
- The largest The9 Ltd buyer in Q2 2021 was Susquehanna International Group, an estimated $1.16M added.
- The largest The9 Ltd seller in Q2 2021 was CVI Holdings, an estimated $6.99M sold.
Based on aggregated 13F filings for Q2 2021.