New Relic, Inc.
NEWR
NEWR was delisted on the 7th of November, 2023.
275 hedge funds and large institutions have $4.37B invested in New Relic, Inc. in 2023 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 89 increasing their positions, 82 reducing their positions, and 31 closing their positions.
135% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 31
75% more call options, than puts
Call options by funds: $17.3M | Put options by funds: $9.87M
32% more capital invested
Capital invested by funds: $3.31B → $4.37B (+$1.06B)
20% more funds holding in top 10
Funds holding in top 10: 15 → 18 (+3)
15% more funds holding
Funds holding: 239 → 275 (+36)
9% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$54.8M |
| 2 |
CCM
Cinctive Capital Management
New York
|
+$20.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$20M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$18.6M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$108M |
| 2 |
EC
Engaged Capital
Newport Beach,
California
|
-$41.1M |
| 3 |
SHCM
Sachem Head Capital Management
New York
|
-$36.4M |
| 4 |
CAM
Contour Asset Management
New York
|
-$28.3M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
-$24.4M |
NEWR Hedge Fund Activity: Q1 2023 in Review
275 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in New Relic, Inc. (NEWR) for Q1 2023, worth a combined $4.37B — up 32% from $3.31B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new NEWR positions and 31 closed out — a net gain of 42 holders — while 89 added to existing stakes and 82 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $54.8M. The largest seller was Eminence Capital, cutting an estimated $108M.
- 275 institutional investors held New Relic, Inc. (NEWR) as of Q1 2023, up from 239 in Q4 2022.
- Funds reported $4.37B of New Relic, Inc. stock for Q1 2023, up 32% quarter-over-quarter.
- 73 funds opened new New Relic, Inc. positions in Q1 2023 and 31 closed out, a net change of +42 holders.
- The largest New Relic, Inc. buyer in Q1 2023 was Citadel Advisors, an estimated $54.8M added.
- The largest New Relic, Inc. seller in Q1 2023 was Eminence Capital, an estimated $108M sold.
Based on aggregated 13F filings for Q1 2023.