New Relic, Inc.
NEWR
NEWR was delisted on the 7th of November, 2023.
240 hedge funds and large institutions have $3.71B invested in New Relic, Inc. in 2020 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 84 increasing their positions, 75 reducing their positions, and 35 closing their positions.
74% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 35
53% more capital invested
Capital invested by funds: $2.43B → $3.71B (+$1.28B)
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
12% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 75
12% more funds holding
Funds holding: 215 → 240 (+25)
48% less call options, than puts
Call options by funds: $12.9M | Put options by funds: $24.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$64.1M |
| 2 |
EC
Eminence Capital
New York
|
+$48.4M |
| 3 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
+$43.2M |
| 4 |
JP Morgan Chase
New York
|
+$40.6M |
| 5 |
BlackRock
New York
|
+$38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$94.5M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$59.1M |
| 3 |
JP
Jana Partners
New York
|
-$39.2M |
| 4 |
Goldman Sachs
New York
|
-$37.2M |
| 5 |
Morgan Stanley
New York
|
-$26.3M |
NEWR Hedge Fund Activity: Q2 2020 in Review
240 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in New Relic, Inc. (NEWR) for Q2 2020, worth a combined $3.71B — up 53% from $2.43B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new NEWR positions and 35 closed out — a net gain of 26 holders — while 84 added to existing stakes and 75 trimmed.
The largest buyer was TimesSquare Capital Management, adding an estimated $64.1M. The largest seller was First Trust Advisors, cutting an estimated $94.5M.
- 240 institutional investors held New Relic, Inc. (NEWR) as of Q2 2020, up from 215 in Q1 2020.
- Funds reported $3.71B of New Relic, Inc. stock for Q2 2020, up 53% quarter-over-quarter.
- 61 funds opened new New Relic, Inc. positions in Q2 2020 and 35 closed out, a net change of +26 holders.
- The largest New Relic, Inc. buyer in Q2 2020 was TimesSquare Capital Management, an estimated $64.1M added.
- The largest New Relic, Inc. seller in Q2 2020 was First Trust Advisors, an estimated $94.5M sold.
Based on aggregated 13F filings for Q2 2020.