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.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
1.06% less ownership
Funds ownership: 2.94% → 1.88% (-1.1%)
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$205K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$187K |
| 3 |
BlackRock
New York
|
+$171K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$154K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$897K |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
-$188K |
| 3 |
HT
Headlands Technologies
Chicago,
Illinois
|
-$82.9K |
| 4 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$190 |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$75 |
NCTY Hedge Fund Activity: Q2 2025 in Review
13 of the 7,616 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.