Newegg Commerce
NEGG
6 hedge funds and large institutions have $858K invested in Newegg Commerce in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 5 closing their positions.
20% less capital invested
Capital invested by funds: $1.08M → $858K (-$219K)
33% less funds holding
Funds holding: 9 → 6 (-3)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$754K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$21.2K |
| 3 |
Citigroup
New York
|
+$965 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$355K |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$227K |
| 3 |
NA
Navellier & Associates
Reno,
Nevada
|
-$129K |
| 4 |
SG Americas Securities
New York
|
-$82K |
| 5 |
Morgan Stanley
New York
|
-$55K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
1
Bridgeway Capital Management
Houston,
Texas
| $694K | +$754K | +781 | New |
|
|
BIT
2
BlackRock Institutional Trust
San Francisco,
California
| $70K | -$227K | -235 | -75% |
|
|
3
Morgan Stanley
New York
| $63K | -$55K | -57 | -45% |
|
|
U
4
UBS
Zurich,
Switzerland
| $19K | +$21.2K | +22 | New |
|
|
5
Citigroup
New York
| $6K | +$965 | +1 | +20% |
|
|
AIG
6
American International Group
New York
| $5.55K | – | – | – |
|
|
CS
7
Credit Suisse
Zurich,
Switzerland
| – | -$355K | -317 | Closed |
|
|
NA
8
Navellier & Associates
Reno,
Nevada
| – | -$129K | -115 | Closed |
|
|
9
SG Americas Securities
New York
| – | -$82K | -73 | Closed |
|
|
TDC
10
Thompson Davis & Co
Richmond,
Virginia
| – | -$4K | -3 | Closed |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| – | -$965 | -1 | Closed |
|
NEGG Hedge Fund Activity: Q2 2014 in Review
6 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Newegg Commerce (NEGG) for Q2 2014, worth a combined $858K — down 20% from $1.08M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NEGG and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $754K. The largest seller was Credit Suisse, exiting entirely with an estimated $355K sold.
- 6 institutional investors held Newegg Commerce (NEGG) as of Q2 2014, down from 9 in Q1 2014.
- Funds reported $858K of Newegg Commerce stock for Q2 2014, down 20% quarter-over-quarter.
- 2 funds opened new Newegg Commerce positions in Q2 2014 and 5 closed out, a net change of -3 holders.
- The largest Newegg Commerce buyer in Q2 2014 was Bridgeway Capital Management, an estimated $754K added.
- The largest Newegg Commerce seller in Q2 2014 was Credit Suisse, an estimated $355K sold.
Based on aggregated 13F filings for Q2 2014.