Newegg Commerce
NEGG
6 hedge funds and large institutions have $33K invested in Newegg Commerce in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 0 closing their positions.
50% more funds holding
Funds holding: 4 → 6 (+2)
23% less capital invested
Capital invested by funds: $43K → $33K (-$10K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.86K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.13K |
| 2 |
Walleye Trading
New York
|
-$2.86K |
| 3 |
Renaissance Technologies
New York
|
-$781 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Renaissance Technologies
New York
| $24K | -$781 | -3 | -3% |
|
|
2
UBS Group
Zurich,
Switzerland
| $4K | -$3.13K | -12 | -40% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $3K | +$2.86K | +11 | New |
|
|
4
Walleye Trading
New York
| $1K | -$2.86K | -11 | -79% |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $1K | +$1.3K | +5 | New |
|
NEGG Hedge Fund Activity: Q2 2016 in Review
6 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Newegg Commerce (NEGG) for Q2 2016, worth a combined $33K — down 23% from $43K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new NEGG positions and 0 closed out — a net gain of 2 holders — while 0 added to existing stakes and 3 trimmed.
The largest buyer was Bank of America, opening a new position worth an estimated $2.86K. The largest seller was UBS Group, cutting an estimated $3.13K.
- 6 institutional investors held Newegg Commerce (NEGG) as of Q2 2016, up from 4 in Q1 2016.
- Funds reported $33K of Newegg Commerce stock for Q2 2016, down 23% quarter-over-quarter.
- 2 funds opened new Newegg Commerce positions in Q2 2016 and 0 closed out, a net change of +2 holders.
- The largest Newegg Commerce buyer in Q2 2016 was Bank of America, an estimated $2.86K added.
- The largest Newegg Commerce seller in Q2 2016 was UBS Group, an estimated $3.13K sold.
Based on aggregated 13F filings for Q2 2016.