New Relic, Inc.
NEWR
NEWR was delisted on the 7th of November, 2023.
210 hedge funds and large institutions have $3.55B invested in New Relic, Inc. in 2021 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 83 increasing their positions, 66 reducing their positions, and 43 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 66
3% more capital invested
Capital invested by funds: $3.45B → $3.55B (+$103M)
6% less call options, than puts
Call options by funds: $31.3M | Put options by funds: $33.4M
7% less funds holding
Funds holding: 225 → 210 (-15)
28% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 43
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$87.7M |
| 2 |
HCM
HMI Capital Management
San Francisco,
California
|
+$84.4M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$51.2M |
| 4 |
Rockefeller Capital Management
New York
|
+$47.7M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$40.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$56.9M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$28.8M |
| 3 |
Two Sigma Investments
New York
|
-$24.5M |
| 4 |
EC
Eminence Capital
New York
|
-$23.5M |
| 5 |
JP
Jana Partners
New York
|
-$23.2M |
NEWR Hedge Fund Activity: Q1 2021 in Review
210 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in New Relic, Inc. (NEWR) for Q1 2021, worth a combined $3.55B — up 3% from $3.45B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of NEWR and 31 opened new positions — a net loss of 12 holders — while 66 trimmed existing stakes and 83 added.
The largest buyer was Wellington Management Group, adding an estimated $87.7M. The largest seller was Citadel Advisors, cutting an estimated $56.9M.
- 210 institutional investors held New Relic, Inc. (NEWR) as of Q1 2021, down from 225 in Q4 2020.
- Funds reported $3.55B of New Relic, Inc. stock for Q1 2021, up 3% quarter-over-quarter.
- 31 funds opened new New Relic, Inc. positions in Q1 2021 and 43 closed out, a net change of -12 holders.
- The largest New Relic, Inc. buyer in Q1 2021 was Wellington Management Group, an estimated $87.7M added.
- The largest New Relic, Inc. seller in Q1 2021 was Citadel Advisors, an estimated $56.9M sold.
Based on aggregated 13F filings for Q1 2021.