Newegg Commerce
NEGG
30 hedge funds and large institutions have $1.6M invested in Newegg Commerce in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
11% more funds holding
Funds holding: 27 → 30 (+3)
0% less ownership
Funds ownership: 0.02% → 0.02% (-0%)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
27% less capital invested
Capital invested by funds: $2.2M → $1.6M (-$605K)
47% less call options, than puts
Call options by funds: $100K | Put options by funds: $187K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$111K |
| 2 |
Citigroup
New York
|
+$78.5K |
| 3 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$49.2K |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$40.6K |
| 5 |
Millennium Management
New York
|
+$33.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
New York
|
-$67.1K |
| 2 |
Jane Street
New York
|
-$48.7K |
| 3 |
HF
HRT Financial
New York
|
-$45K |
| 4 |
Two Sigma Investments
New York
|
-$43.1K |
| 5 |
Morgan Stanley
New York
|
-$42K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $1.31K | +$1.36K | +71 | New |
|
|
S
27
SignatureFD
Atlanta,
Georgia
| $555 | -$19 | -1 | -3% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $46 | +$57 | +3 | New |
|
29
Macquarie Group
Sydney, NSW 2000,
Australia
| $2 | +$1.74K | +91 | New |
|
|
30
Jane Street
New York
| – | -$48.7K | -1,932 | Closed |
|
|
HF
31
HRT Financial
New York
| – | -$45K | -1,821 | Closed |
|
|
32
Two Sigma Investments
New York
| – | -$43.1K | -1,710 | Closed |
|
|
CSS
33
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$29.7K | -1,178 | Closed |
|
|
TSS
34
Two Sigma Securities
New York
| – | -$14.7K | -584 | Closed |
|
|
CG
35
Cutler Group
San Francisco,
California
| – | -$8.63K | -451 | -91% |
|
|
RA
36
Rise Advisors
Rochester,
New York
| – | -$252 | -10 | Closed |
|
NEGG Hedge Fund Activity: Q1 2024 in Review
30 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Newegg Commerce (NEGG) for Q1 2024, worth a combined $1.6M — down 27% from $2.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NEGG positions and 6 closed out — a net gain of 3 holders — while 8 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, adding an estimated $111K. The largest seller was GTS Securities, cutting an estimated $67.1K.
- 30 institutional investors held Newegg Commerce (NEGG) as of Q1 2024, up from 27 in Q4 2023.
- Funds reported $1.6M of Newegg Commerce stock for Q1 2024, down 27% quarter-over-quarter.
- 9 funds opened new Newegg Commerce positions in Q1 2024 and 6 closed out, a net change of +3 holders.
- The largest Newegg Commerce buyer in Q1 2024 was BlackRock, an estimated $111K added.
- The largest Newegg Commerce seller in Q1 2024 was GTS Securities, an estimated $67.1K sold.
Based on aggregated 13F filings for Q1 2024.