Newegg Commerce
NEGG
28 hedge funds and large institutions have $2.49M invested in Newegg Commerce in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 3 reducing their positions, and 9 closing their positions.
367% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 3
149% more call options, than puts
Call options by funds: $999K | Put options by funds: $401K
11% more capital invested
Capital invested by funds: $2.25M → $2.49M (+$239K)
0% more ownership
Funds ownership: 0.02% → 0.02% (+0%)
10% less funds holding
Funds holding: 31 → 28 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$272K |
| 2 |
Group One Trading
Chicago,
Illinois
|
+$144K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$133K |
| 4 |
SOW
State of Wyoming
Cheyenne,
Wyoming
|
+$114K |
| 5 |
BlackRock
New York
|
+$100K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$488K |
| 2 |
Morgan Stanley
New York
|
-$57.6K |
| 3 |
OQS
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
|
-$49.3K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$48K |
| 5 |
D.E. Shaw & Co
New York
|
-$43.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RA
26
Rise Advisors
Rochester,
New York
| $268 | – | – | – |
|
27
Citadel Advisors
Miami,
Florida
| $96 | +$125 | +4 | New |
|
|
NC
28
NewSquare Capital
Newtown Square,
Pennsylvania
| $16 | – | – | – |
|
29
Fidelity Investments
Boston,
Massachusetts
| $1 | – | – | – |
|
|
30
Renaissance Technologies
New York
| – | -$488K | -18,621 | Closed |
|
|
OQS
31
Occudo Quantitative Strategies
Fort Lauderdale,
Florida
| – | -$49.3K | -1,881 | Closed |
|
|
32
D.E. Shaw & Co
New York
| – | -$43.5K | -1,660 | Closed |
|
|
JFG
33
Jefferies Financial Group
New York
| – | -$39.3K | -1,500 | Closed |
|
|
SSA
34
Schonfeld Strategic Advisors
New York
| – | -$24.8K | -945 | Closed |
|
35
UBS Group
Zurich,
Switzerland
| – | -$20.8K | -794 | Closed |
|
36
Osaic Holdings
Scottsdale,
Arizona
| – | -$3K | -110 | Closed |
|
37
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -31 | Closed |
|
|
ASN
38
Advisory Services Network
Atlanta,
Georgia
| – | -$328 | -13 | Closed |
|
NEGG Hedge Fund Activity: Q1 2023 in Review
28 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Newegg Commerce (NEGG) for Q1 2023, worth a combined $2.49M — up 11% from $2.25M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NEGG and 6 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 14 added.
The largest buyer was Susquehanna International Group, adding an estimated $272K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $488K sold.
- 28 institutional investors held Newegg Commerce (NEGG) as of Q1 2023, down from 31 in Q4 2022.
- Funds reported $2.49M of Newegg Commerce stock for Q1 2023, up 11% quarter-over-quarter.
- 6 funds opened new Newegg Commerce positions in Q1 2023 and 9 closed out, a net change of -3 holders.
- The largest Newegg Commerce buyer in Q1 2023 was Susquehanna International Group, an estimated $272K added.
- The largest Newegg Commerce seller in Q1 2023 was Renaissance Technologies, an estimated $488K sold.
Based on aggregated 13F filings for Q1 2023.