New Relic, Inc.
NEWR
NEWR was delisted on the 7th of November, 2023.
257 hedge funds and large institutions have $3.98B invested in New Relic, Inc. in 2022 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 104 increasing their positions, 70 reducing their positions, and 66 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 70
35% more call options, than puts
Call options by funds: $92.3M | Put options by funds: $68.6M
7% less funds holding
Funds holding: 277 → 257 (-20)
24% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 66
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
38% less capital invested
Capital invested by funds: $6.43B → $3.98B (-$2.45B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Southpoint Capital Advisors
New York
|
+$73.7M |
| 2 |
JP
Jana Partners
New York
|
+$70.9M |
| 3 |
CAM
Contour Asset Management
New York
|
+$68.2M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$50.1M |
| 5 |
EC
Eminence Capital
New York
|
+$37.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Engaged Capital
Newport Beach,
California
|
-$48.8M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$46.1M |
| 3 |
Two Sigma Investments
New York
|
-$44.2M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$32.8M |
| 5 |
Goldman Sachs
New York
|
-$30.2M |
NEWR Hedge Fund Activity: Q1 2022 in Review
257 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in New Relic, Inc. (NEWR) for Q1 2022, worth a combined $3.98B — down 38% from $6.43B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of NEWR and 50 opened new positions — a net loss of 16 holders — while 70 trimmed existing stakes and 104 added.
The largest buyer was Southpoint Capital Advisors, opening a new position worth an estimated $73.7M. The largest seller was Engaged Capital, cutting an estimated $48.8M.
- 257 institutional investors held New Relic, Inc. (NEWR) as of Q1 2022, down from 277 in Q4 2021.
- Funds reported $3.98B of New Relic, Inc. stock for Q1 2022, down 38% quarter-over-quarter.
- 50 funds opened new New Relic, Inc. positions in Q1 2022 and 66 closed out, a net change of -16 holders.
- The largest New Relic, Inc. buyer in Q1 2022 was Southpoint Capital Advisors, an estimated $73.7M added.
- The largest New Relic, Inc. seller in Q1 2022 was Engaged Capital, an estimated $48.8M sold.
Based on aggregated 13F filings for Q1 2022.