Neonode
NEON
26 hedge funds and large institutions have $17.9M invested in Neonode in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 7 closing their positions.
53% more capital invested
Capital invested by funds: $11.7M → $17.9M (+$6.22M)
2% more ownership
Funds ownership: 0% → 2% (+2%)
16% less funds holding
Funds holding: 31 → 26 (-5)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$1.02M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$43.1K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$28.4K |
| 4 |
Goldman Sachs
New York
|
+$15K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
AWM Investment Company
New York
|
-$1.1M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$353K |
| 3 |
RA
Royce & Associates
New York
|
-$73.6K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$40K |
| 5 |
LC
Lincoln Capital
Lincoln,
Nebraska
|
-$24.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
26
Virtu KCG Holdings
New York
| – | -$40K | -3,482 | Closed |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$17K | -1,535 | Closed |
|
28
Ameriprise
Minneapolis,
Minnesota
| – | -$13K | -1,098 | Closed |
|
29
Morgan Stanley
New York
| – | -$2K | -150 | Closed |
|
30
Bank of America
Charlotte,
North Carolina
| – | -$1K | -84 | Closed |
|
31
Creative Planning
Overland Park,
Kansas
| – | -$1K | -74 | Closed |
|
NEON Hedge Fund Activity: Q4 2016 in Review
26 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Neonode (NEON) for Q4 2016, worth a combined $17.9M — up 53% from $11.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NEON and 3 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Essex Investment Management, opening a new position worth an estimated $1.02M. The largest seller was AWM Investment Company, cutting an estimated $1.1M.
- 26 institutional investors held Neonode (NEON) as of Q4 2016, down from 31 in Q3 2016.
- Funds reported $17.9M of Neonode stock for Q4 2016, up 53% quarter-over-quarter.
- 3 funds opened new Neonode positions in Q4 2016 and 7 closed out, a net change of -4 holders.
- The largest Neonode buyer in Q4 2016 was Essex Investment Management, an estimated $1.02M added.
- The largest Neonode seller in Q4 2016 was AWM Investment Company, an estimated $1.1M sold.
Based on aggregated 13F filings for Q4 2016.