New Relic, Inc.
NEWR
NEWR was delisted on the 7th of November, 2023.
117 hedge funds and large institutions have $1.23B invested in New Relic, Inc. in 2016 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 50 increasing their positions, 25 reducing their positions, and 11 closing their positions.
136% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 11
100% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 25
58% more call options, than puts
Call options by funds: $2.13M | Put options by funds: $1.35M
41% more capital invested
Capital invested by funds: $872M → $1.23B (+$359M)
15% more funds holding
Funds holding: 102 → 117 (+15)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIMC
Praesidium Investment Management Company
New York
|
+$24.1M |
| 2 |
MC
Maplelane Capital
New York
|
+$15.8M |
| 3 |
BP
Banbury Partners
Charlotte,
North Carolina
|
+$13.3M |
| 4 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
+$11.9M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$20.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$14.1M |
| 3 |
PC
Passport Capital
San Francisco,
California
|
-$11.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.07M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Teacher Retirement System of Texas
Austin,
Texas
| – | -$101K | -3,429 | Closed |
|
|
AI
127
ArchPoint Investors
Coral Gables,
Florida
| – | -$35K | -1,205 | Closed |
|
|
QT
128
Quantbot Technologies
New York
| – | -$5K | -199 | Closed |
|
NEWR Hedge Fund Activity: Q3 2016 in Review
117 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in New Relic, Inc. (NEWR) for Q3 2016, worth a combined $1.23B — up 41% from $872M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NEWR positions and 11 closed out — a net gain of 15 holders — while 50 added to existing stakes and 25 trimmed.
The largest buyer was Praesidium Investment Management Company, opening a new position worth an estimated $24.1M. The largest seller was Whale Rock Capital Management, exiting entirely with an estimated $20.4M sold.
- 117 institutional investors held New Relic, Inc. (NEWR) as of Q3 2016, up from 102 in Q2 2016.
- Funds reported $1.23B of New Relic, Inc. stock for Q3 2016, up 41% quarter-over-quarter.
- 26 funds opened new New Relic, Inc. positions in Q3 2016 and 11 closed out, a net change of +15 holders.
- The largest New Relic, Inc. buyer in Q3 2016 was Praesidium Investment Management Company, an estimated $24.1M added.
- The largest New Relic, Inc. seller in Q3 2016 was Whale Rock Capital Management, an estimated $20.4M sold.
Based on aggregated 13F filings for Q3 2016.