New Relic, Inc.
NEWR
NEWR was delisted on the 7th of November, 2023.
211 hedge funds and large institutions have $2.98B invested in New Relic, Inc. in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 75 increasing their positions, 78 reducing their positions, and 56 closing their positions.
34% more call options, than puts
Call options by funds: $60M | Put options by funds: $44.8M
4% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 78
12% less funds holding
Funds holding: 240 → 211 (-29)
20% less capital invested
Capital invested by funds: $3.71B → $2.98B (-$729M)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
52% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
+$98.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$52M |
| 3 |
HCM
HMI Capital Management
San Francisco,
California
|
+$45.8M |
| 4 |
EC
Eminence Capital
New York
|
+$45.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$92.7M |
| 2 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$87M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$43.7M |
| 4 |
JP Morgan Chase
New York
|
-$41M |
| 5 |
Axa
Paris,
France
|
-$24.5M |
NEWR Hedge Fund Activity: Q3 2020 in Review
211 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in New Relic, Inc. (NEWR) for Q3 2020, worth a combined $2.98B — down 20% from $3.71B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of NEWR and 27 opened new positions — a net loss of 29 holders — while 78 trimmed existing stakes and 75 added.
The largest buyer was Matrix Capital Management Company, adding an estimated $98.6M. The largest seller was Tiger Global Management, exiting entirely with an estimated $92.7M sold.
- 211 institutional investors held New Relic, Inc. (NEWR) as of Q3 2020, down from 240 in Q2 2020.
- Funds reported $2.98B of New Relic, Inc. stock for Q3 2020, down 20% quarter-over-quarter.
- 27 funds opened new New Relic, Inc. positions in Q3 2020 and 56 closed out, a net change of -29 holders.
- The largest New Relic, Inc. buyer in Q3 2020 was Matrix Capital Management Company, an estimated $98.6M added.
- The largest New Relic, Inc. seller in Q3 2020 was Tiger Global Management, an estimated $92.7M sold.
Based on aggregated 13F filings for Q3 2020.