Noah Holdings
NOAH
73 hedge funds and large institutions have $549M invested in Noah Holdings in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 16 closing their positions.
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
6% more funds holding
Funds holding: 69 → 73 (+4)
5% less capital invested
Capital invested by funds: $577M → $549M (-$27.9M)
1.53% less ownership
Funds ownership: 82.51% → 80.98% (-1.5%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
86% less call options, than puts
Call options by funds: $483K | Put options by funds: $3.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WFM Asia
Road Town, Tortola,
British Virgin Islands
|
+$10.2M |
| 2 |
Goldman Sachs
New York
|
+$8.25M |
| 3 |
TPC
Tiger Pacific Capital
New York
|
+$4.65M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.56M |
| 5 |
Millennium Management
New York
|
+$2.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
-$10.1M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$9.45M |
| 3 |
AG
Ashmore Group
London,
United Kingdom
|
-$7.67M |
| 4 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
-$6.7M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
76
Virtu KCG Holdings
New York
| – | -$434K | -17,427 | Closed |
|
|
RA
77
Royce & Associates
New York
| – | -$415K | -16,700 | Closed |
|
78
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$384K | -15,580 | Closed |
|
79
Capital Fund Management (CFM)
Paris,
France
| – | -$363K | -14,574 | Closed |
|
|
CS
80
Credit Suisse
Zurich,
Switzerland
| – | -$290K | -11,675 | Closed |
|
|
DWA
81
Dorsey Wright & Associates
Pasadena,
California
| – | -$290K | -11,655 | Closed |
|
|
MCG
82
Meru Capital Group
New York
| – | -$249K | -10,000 | Closed |
|
|
1GA
83
1st Global Advisors
Dallas,
Texas
| – | -$214K | -8,589 | Closed |
|
|
ONB
84
Old National Bancorp
Evansville,
Indiana
| – | -$209K | -8,406 | Closed |
|
85
Acadian Asset Management
Boston,
Massachusetts
| – | -$185K | -7,436 | Closed |
|
|
OSAM
86
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$139K | -5,448 | Closed |
|
|
TRCT
87
Tower Research Capital (TRC)
New York
| – | -$4K | -152 | Closed |
|
|
UFA
88
US Financial Advisors
Braintree,
Massachusetts
| – | -$1K | -55 | Closed |
|
NOAH Hedge Fund Activity: Q2 2016 in Review
73 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Noah Holdings (NOAH) for Q2 2016, worth a combined $549M — down 4.8% from $577M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NOAH positions and 16 closed out — a net gain of 4 holders — while 19 added to existing stakes and 24 trimmed.
The largest buyer was WFM Asia, adding an estimated $10.2M. The largest seller was Todd Asset Management, cutting an estimated $10.1M.
- 73 institutional investors held Noah Holdings (NOAH) as of Q2 2016, up from 69 in Q1 2016.
- Funds reported $549M of Noah Holdings stock for Q2 2016, down 4.8% quarter-over-quarter.
- 20 funds opened new Noah Holdings positions in Q2 2016 and 16 closed out, a net change of +4 holders.
- The largest Noah Holdings buyer in Q2 2016 was WFM Asia, an estimated $10.2M added.
- The largest Noah Holdings seller in Q2 2016 was Todd Asset Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2016.