The9 Ltd
NCTY
9 hedge funds and large institutions have $353K invested in The9 Ltd in 2025 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
0.64% less ownership
Funds ownership: 1.02% → 0.37% (-0.64%)
18% less funds holding
Funds holding: 11 → 9 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
77% less capital invested
Capital invested by funds: $1.54M → $353K (-$1.18M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$6.52K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$41 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$209K |
| 2 |
Morgan Stanley
New York
|
-$203K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$181K |
| 4 |
HF
HRT Financial
New York
|
-$176K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $183K | -$209K | -25,654 | -47% |
|
|
2
Citadel Advisors
Miami,
Florida
| $84.5K | +$6.52K | +799 | +6% |
|
|
IAA
3
Independent Advisor Alliance
Charlotte,
North Carolina
| $74.7K | – | – | – |
|
|
4
UBS Group
Zurich,
Switzerland
| $5.4K | -$181K | -22,212 | -96% |
|
|
5
Morgan Stanley
New York
| $3.99K | -$203K | -24,896 | -98% |
|
6
RhumbLine Advisers
Boston,
Massachusetts
| $967 | – | – | – |
|
7
Group One Trading
Chicago,
Illinois
| $325 | – | – | – |
|
8
JP Morgan Chase
New York
| $268 | – | – | – |
|
|
9
Bank of America
Charlotte,
North Carolina
| $32 | +$41 | +5 | New |
|
|
HF
10
HRT Financial
New York
| – | -$176K | -16,564 | Closed |
|
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$5K | -481 | Closed |
|
12
Osaic Holdings
Scottsdale,
Arizona
| – | -$2.84K | -310 | Closed |
|
NCTY Hedge Fund Activity: Q4 2025 in Review
9 of the 8,245 institutional investors tracked by Wall St. Rank reported a position in The9 Ltd (NCTY) for Q4 2025, worth a combined $353K — down 77% from $1.54M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NCTY and 1 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Citadel Advisors, adding an estimated $6.52K. The largest seller was Jane Street, cutting an estimated $209K.
- 9 institutional investors held The9 Ltd (NCTY) as of Q4 2025, down from 11 in Q3 2025.
- Funds reported $353K of The9 Ltd stock for Q4 2025, down 77% quarter-over-quarter.
- 1 fund opened new The9 Ltd positions in Q4 2025 and 3 closed out, a net change of -2 holders.
- The largest The9 Ltd buyer in Q4 2025 was Citadel Advisors, an estimated $6.52K added.
- The largest The9 Ltd seller in Q4 2025 was Jane Street, an estimated $209K sold.
Based on aggregated 13F filings for Q4 2025.