New Relic, Inc.
NEWR
NEWR was delisted on the 7th of November, 2023.
278 hedge funds and large institutions have $3.99B invested in New Relic, Inc. in 2023 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 108 increasing their positions, 80 reducing their positions, and 49 closing their positions.
327% more call options, than puts
Call options by funds: $137M | Put options by funds: $32.2M
62% more capital inflows, than outflows
Capital inflows: $522M | Capital outflows: $323M
35% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 80
12% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 49
2.42% more ownership
Funds ownership: 84.36% → 86.78% (+2.4%)
1% more funds holding
Funds holding: 275 → 278 (+3)
22% less funds holding in top 10
Funds holding in top 10: 18 → 14 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$79.2M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$35.3M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$35.2M |
| 4 |
SM
Senvest Management
New York
|
+$31.9M |
| 5 |
EC
Eminence Capital
New York
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$31.8M |
| 2 |
Axa
Paris,
France
|
-$25.6M |
| 3 |
CCM
Cinctive Capital Management
New York
|
-$22.5M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$22.3M |
| 5 |
SI
SQN Investors
Menlo Park,
California
|
-$14.3M |
NEWR Hedge Fund Activity: Q2 2023 in Review
278 of the 6,387 institutional investors tracked by Wall St. Rank reported a position in New Relic, Inc. (NEWR) for Q2 2023, worth a combined $3.99B — down 8.8% from $4.37B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new NEWR positions and 49 closed out — a net gain of 6 holders — while 108 added to existing stakes and 80 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $79.2M. The largest seller was Coronation Fund Managers, cutting an estimated $31.8M.
- 278 institutional investors held New Relic, Inc. (NEWR) as of Q2 2023, up from 275 in Q1 2023.
- Funds reported $3.99B of New Relic, Inc. stock for Q2 2023, down 8.8% quarter-over-quarter.
- 55 funds opened new New Relic, Inc. positions in Q2 2023 and 49 closed out, a net change of +6 holders.
- The largest New Relic, Inc. buyer in Q2 2023 was Viking Global Investors, an estimated $79.2M added.
- The largest New Relic, Inc. seller in Q2 2023 was Coronation Fund Managers, an estimated $31.8M sold.
Based on aggregated 13F filings for Q2 2023.