Newegg Commerce
NEGG
17 hedge funds and large institutions have $880K invested in Newegg Commerce in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 14 closing their positions.
0.01% less ownership
Funds ownership: 0.02% → 0.01% (-0.01%)
24% less call options, than puts
Call options by funds: $124K | Put options by funds: $164K
43% less funds holding
Funds holding: 30 → 17 (-13)
45% less capital invested
Capital invested by funds: $1.6M → $880K (-$718K)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
86% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$14.7K |
| 2 |
GSC
Ground Swell Capital
Folly Beach,
South Carolina
|
+$10K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$4.85K |
| 4 |
GS
GTS Securities
New York
|
+$265 |
| 5 |
Wells Fargo
San Francisco,
California
|
+$176 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$146K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$82.5K |
| 3 |
Citigroup
New York
|
-$75.9K |
| 4 |
Millennium Management
New York
|
-$67.3K |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$62.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LC
26
Lindbrook Capital
Calabasas,
California
| – | -$4.54K | -245 | Closed |
|
27
Citadel Advisors
Miami,
Florida
| – | -$3.46K | -196 | Closed |
|
28
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$2 | -91 | Closed |
|
|
PA
29
Parallel Advisors
San Francisco,
California
| – | -$1.65K | -89 | Closed |
|
|
S
30
SignatureFD
Atlanta,
Georgia
| – | -$555 | -30 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$46 | -3 | Closed |
|
NEGG Hedge Fund Activity: Q2 2024 in Review
17 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Newegg Commerce (NEGG) for Q2 2024, worth a combined $880K — down 45% from $1.6M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NEGG and 2 opened new positions — a net loss of 12 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was UBS Group, adding an estimated $14.7K. The largest seller was BlackRock, cutting an estimated $146K.
- 17 institutional investors held Newegg Commerce (NEGG) as of Q2 2024, down from 30 in Q1 2024.
- Funds reported $880K of Newegg Commerce stock for Q2 2024, down 45% quarter-over-quarter.
- 2 funds opened new Newegg Commerce positions in Q2 2024 and 14 closed out, a net change of -12 holders.
- The largest Newegg Commerce buyer in Q2 2024 was UBS Group, an estimated $14.7K added.
- The largest Newegg Commerce seller in Q2 2024 was BlackRock, an estimated $146K sold.
Based on aggregated 13F filings for Q2 2024.