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NCTY

The9 Ltd
NCTY

13 hedge funds and large institutions have $2.06M invested in The9 Ltd in 2025 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 2

1.85% more ownership

Funds ownership: 0.01% → 1.86% (+1.8%)

7% less funds holding

Funds holding: 14 → 13 (-1)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

50% less capital invested

Capital invested by funds: $4.12M → $2.06M (-$2.07M)

Holders
13
Holders Change
-1
Holders Change %
-7.14%
% of All Funds
0.17%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
2
Increased
6
Reduced
2
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$205K
2
UBS Group
UBS Group
Switzerland
+$187K
3
BlackRock
BlackRock
New York
+$171K
4
Citadel Advisors
Citadel Advisors
Florida
+$154K
5
Invesco
Invesco
Georgia
+$126K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$897K
2
QC
Quadrature Capital
United Kingdom
-$188K
3
HT
Headlands Technologies
Illinois
-$82.9K
4
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
-$190
5
Bank of America
Bank of America
North Carolina
-$75
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$410K -$897K -84,757 -62%
BlackRock
2
BlackRock
New York
$398K +$171K +16,209 +46%
Citadel Advisors
3
Citadel Advisors
Florida
$342K +$154K +14,566 +50%
UBS Group
4
UBS Group
Switzerland
$285K +$187K +17,687 +93%
Invesco
5
Invesco
Georgia
$255K +$126K +11,931 +57%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$252K +$205K +19,361 +149%
IAA
7
Independent Advisor Alliance
North Carolina
$91.2K +$124K +11,722 New
Citigroup
8
Citigroup
New York
$18.6K +$10.6K +1,000 +72%
Osaic Holdings
9
Osaic Holdings
Arizona
$2.41K – – –
RhumbLine Advisers
10
RhumbLine Advisers
Massachusetts
$2.26K -$190 -18 -6%
Group One Trading
11
Group One Trading
Illinois
$397 – – –
RI
12
Ridgewood Investments
New Jersey
$389 – – –
JP Morgan Chase
13
JP Morgan Chase
New York
$327 +$444 +42 New
QC
14
Quadrature Capital
United Kingdom
– -$188K -12,589 Closed
HT
15
Headlands Technologies
Illinois
– -$82.9K -5,524 Closed
Bank of America
16
Bank of America
North Carolina
– -$75 -5 Closed

NCTY Hedge Fund Activity: Q2 2025 in Review

13 of the 7,603 institutional investors tracked by Wall St. Rank reported a position in The9 Ltd (NCTY) for Q2 2025, worth a combined $2.06M — down 50% from $4.12M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of NCTY and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 6 added.

The largest buyer was Susquehanna International Group, adding an estimated $205K. The largest seller was Morgan Stanley, cutting an estimated $897K.

  • 13 institutional investors held The9 Ltd (NCTY) as of Q2 2025, down from 14 in Q1 2025.
  • Funds reported $2.06M of The9 Ltd stock for Q2 2025, down 50% quarter-over-quarter.
  • 2 funds opened new The9 Ltd positions in Q2 2025 and 3 closed out, a net change of -1 holder.
  • The largest The9 Ltd buyer in Q2 2025 was Susquehanna International Group, an estimated $205K added.
  • The largest The9 Ltd seller in Q2 2025 was Morgan Stanley, an estimated $897K sold.

Based on aggregated 13F filings for Q2 2025.