The9 Ltd
NCTY
7 hedge funds and large institutions have $3.61M invested in The9 Ltd in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
22% less funds holding
Funds holding: 9 → 7 (-2)
30% less capital invested
Capital invested by funds: $5.17M → $3.61M (-$1.56M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $35K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$30.3K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.79K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.79K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CRCM LP
San Francisco,
California
|
-$970K |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$434K |
| 3 |
Mitsubishi UFJ Asset Management
Tokyo,
Japan
|
-$61K |
| 4 |
Renaissance Technologies
New York
|
-$49.3K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$23K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Renaissance Technologies
New York
| $1.87M | -$49.3K | -65 | -2% |
|
|
QF
2
QVT Financial
New York
| $1.47M | – | – | – |
|
|
GPCM
3
Granite Point Capital Management
Boston,
Massachusetts
| $158K | +$184K | +243 | New |
|
4
California Public Employees Retirement System
Sacramento,
California
| $81K | – | – | – |
|
|
VKH
5
Virtu KCG Holdings
New York
| $26K | +$30.3K | +40 | New |
|
|
U
6
UBS
Zurich,
Switzerland
| $4K | +$3.79K | +5 | +250% |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $3K | +$3.79K | +5 | New |
|
|
CL
8
CRCM LP
San Francisco,
California
| – | -$970K | -1,253 | Closed |
|
|
9
HSBC Holdings
London,
United Kingdom
| – | -$434K | -621 | Closed |
|
|
10
Mitsubishi UFJ Asset Management
Tokyo,
Japan
| – | -$61K | -87 | Closed |
|
|
11
Citadel Advisors
Miami,
Florida
| – | -$23K | -32 | Closed |
|
12
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1K | -2 | Closed |
|
NCTY Hedge Fund Activity: Q4 2013 in Review
7 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in The9 Ltd (NCTY) for Q4 2013, worth a combined $3.61M — down 30% from $5.17M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NCTY and 3 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $30.3K. The largest seller was CRCM LP, exiting entirely with an estimated $970K sold.
- 7 institutional investors held The9 Ltd (NCTY) as of Q4 2013, down from 9 in Q3 2013.
- Funds reported $3.61M of The9 Ltd stock for Q4 2013, down 30% quarter-over-quarter.
- 3 funds opened new The9 Ltd positions in Q4 2013 and 5 closed out, a net change of -2 holders.
- The largest The9 Ltd buyer in Q4 2013 was Virtu KCG Holdings, an estimated $30.3K added.
- The largest The9 Ltd seller in Q4 2013 was CRCM LP, an estimated $970K sold.
Based on aggregated 13F filings for Q4 2013.