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NCTY

The9 Ltd
NCTY

14 hedge funds and large institutions have $4.12M invested in The9 Ltd in 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

21% more capital invested

Capital invested by funds: $3.42M → $4.12M (+$704K)

0% more ownership

Funds ownership: 0.01% → 0.01% (+0%)

13% less funds holding

Funds holding: 16 → 14 (-2)

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

Holders
14
Holders Change
-2
Holders Change %
-12.5%
% of All Funds
0.19%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
4
Reduced
3
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$495K
2
Citadel Advisors
Citadel Advisors
Florida
+$416K
3
Invesco
Invesco
Georgia
+$296K
4
UBS Group
UBS Group
Switzerland
+$255K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$184K

Top Sellers

Rank Fund Capital Flow
1
Marshall Wace
Marshall Wace
United Kingdom
-$823K
2
Morgan Stanley
Morgan Stanley
New York
-$245K
3
JF
Jump Financial
Illinois
-$230K
4
TRCT
Tower Research Capital (TRC)
New York
-$11.3K
5
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
-$5.82K
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$2.06M -$245K -17,337 -11%
BlackRock
2
BlackRock
New York
$525K +$495K +34,944 +60,248%
Citadel Advisors
3
Citadel Advisors
Florida
$441K +$416K +29,398 New
Invesco
4
Invesco
Georgia
$313K +$296K +20,880 New
UBS Group
5
UBS Group
Switzerland
$285K +$255K +18,049 +1,945%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$195K +$184K +13,006 New
QC
7
Quadrature Capital
United Kingdom
$188K +$178K +12,589 New
HT
8
Headlands Technologies
Illinois
$82.9K +$12.7K +894 +19%
Citigroup
9
Citigroup
New York
$20.9K +$19.7K +1,393 New
Osaic Holdings
10
Osaic Holdings
Arizona
$4.65K – – –
RhumbLine Advisers
11
RhumbLine Advisers
Massachusetts
$4.64K +$311 +22 +8%
Group One Trading
12
Group One Trading
Illinois
$766 -$2.55K -180 -78%
RI
13
Ridgewood Investments
New Jersey
$751 – – –
Bank of America
14
Bank of America
North Carolina
$75 -$71 -5 -50%
Marshall Wace
15
Marshall Wace
United Kingdom
– -$823K -56,583 Closed
JF
16
Jump Financial
Illinois
– -$230K -15,820 Closed
TRCT
17
Tower Research Capital (TRC)
New York
– -$11.3K -777 Closed
BNP Paribas Financial Markets
18
BNP Paribas Financial Markets
France
– -$5.82K -400 Closed
MSFP
19
Mark Sheptoff Financial Planning
Connecticut
– -$5.82K -400 Closed
CAS
20
Coppell Advisory Solutions
Texas
– -$464 -30 Closed
JP Morgan Chase
21
JP Morgan Chase
New York
– -$131 -9 Closed

NCTY Hedge Fund Activity: Q1 2025 in Review

14 of the 7,463 institutional investors tracked by Wall St. Rank reported a position in The9 Ltd (NCTY) for Q1 2025, worth a combined $4.12M — up 21% from $3.42M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of NCTY and 5 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.

The largest buyer was BlackRock, adding an estimated $495K. The largest seller was Marshall Wace, exiting entirely with an estimated $823K sold.

  • 14 institutional investors held The9 Ltd (NCTY) as of Q1 2025, down from 16 in Q4 2024.
  • Funds reported $4.12M of The9 Ltd stock for Q1 2025, up 21% quarter-over-quarter.
  • 5 funds opened new The9 Ltd positions in Q1 2025 and 7 closed out, a net change of -2 holders.
  • The largest The9 Ltd buyer in Q1 2025 was BlackRock, an estimated $495K added.
  • The largest The9 Ltd seller in Q1 2025 was Marshall Wace, an estimated $823K sold.

Based on aggregated 13F filings for Q1 2025.