Newegg Commerce
NEGG
4 hedge funds and large institutions have $17K invested in Newegg Commerce in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
33% more funds holding
Funds holding: 3 → 4 (+1)
0.1% less ownership
Funds ownership: 0.1% → 0% (-0.1%)
91% less capital invested
Capital invested by funds: $187K → $17K (-$170K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.76K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.48K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$155 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$185K |
NEGG Hedge Fund Activity: Q1 2021 in Review
4 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Newegg Commerce (NEGG) for Q1 2021, worth a combined $17K — down 91% from $187K a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NEGG positions and 2 closed out — a net gain of 1 holder — while 1 added to existing stakes and 0 trimmed.
The largest buyer was Wells Fargo, opening a new position worth an estimated $7.76K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $185K sold.
- 4 institutional investors held Newegg Commerce (NEGG) as of Q1 2021, up from 3 in Q4 2020.
- Funds reported $17K of Newegg Commerce stock for Q1 2021, down 91% quarter-over-quarter.
- 3 funds opened new Newegg Commerce positions in Q1 2021 and 2 closed out, a net change of +1 holder.
- The largest Newegg Commerce buyer in Q1 2021 was Wells Fargo, an estimated $7.76K added.
- The largest Newegg Commerce seller in Q1 2021 was Renaissance Technologies, an estimated $185K sold.
Based on aggregated 13F filings for Q1 2021.