Noah Holdings
NOAH
103 hedge funds and large institutions have $1.23B invested in Noah Holdings in 2017 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 23 increasing their positions, 31 reducing their positions, and 11 closing their positions.
218% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 11
44% more capital invested
Capital invested by funds: $851M → $1.23B (+$376M)
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
30% more funds holding
Funds holding: 79 → 103 (+24)
0.04% less ownership
Funds ownership: 133.66% → 133.62% (-0.04%)
26% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 31
44% less call options, than puts
Call options by funds: $1.67M | Put options by funds: $2.97M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$24.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$22.5M |
| 3 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$21.5M |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$18.4M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Greenwoods Asset Management
Grand Cayman,
Cayman Islands
|
-$72.6M |
| 2 |
HH
HSG Holding
Na,
Hong Kong
|
-$61.7M |
| 3 |
WA
WFM Asia
Road Town, Tortola,
British Virgin Islands
|
-$13.6M |
| 4 |
Lazard Asset Management
New York
|
-$8.42M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$4.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
US Bancorp
Minneapolis,
Minnesota
| $4K | – | – | – |
|
|
HR
102
Howe & Rusling
Rochester,
New York
| $1K | +$1.03K | +25 | New |
|
|
MWNA
103
Marshall Wace North America
New York
| – | -$4.93M | -154,013 | Closed |
|
104
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.39M | -33,753 | Closed |
|
105
Renaissance Technologies
New York
| – | -$726K | -22,600 | Closed |
|
106
D.E. Shaw & Co
New York
| – | -$449K | -13,986 | Closed |
|
107
Millennium Management
New York
| – | -$417K | -12,978 | Closed |
|
108
DZ Bank
Frankfurt Am Main,
Germany
| – | -$327K | -10,200 | Closed |
|
109
Group One Trading
Chicago,
Illinois
| – | -$333K | -8,080 | Closed |
|
|
PP
110
Paloma Partners
Greenwich,
Connecticut
| – | -$232K | -7,219 | Closed |
|
|
SD
111
Sumway Development
Shanghai,
China
| – | -$121K | -3,769 | Closed |
|
|
PAM
112
Panagora Asset Management
Boston,
Massachusetts
| – | -$88K | -2,753 | Closed |
|
|
GT
113
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$1K | -62 | Closed |
|
|
FGC
114
Financial Gravity Companies
Lakeway,
Texas
| – | +$123 | +3 | New |
|
NOAH Hedge Fund Activity: Q4 2017 in Review
103 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Noah Holdings (NOAH) for Q4 2017, worth a combined $1.23B — up 44% from $851M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new NOAH positions and 11 closed out — a net gain of 24 holders — while 23 added to existing stakes and 31 trimmed.
The largest buyer was Franklin Resources, adding an estimated $24.5M. The largest seller was Greenwoods Asset Management, cutting an estimated $72.6M.
- 103 institutional investors held Noah Holdings (NOAH) as of Q4 2017, up from 79 in Q3 2017.
- Funds reported $1.23B of Noah Holdings stock for Q4 2017, up 44% quarter-over-quarter.
- 35 funds opened new Noah Holdings positions in Q4 2017 and 11 closed out, a net change of +24 holders.
- The largest Noah Holdings buyer in Q4 2017 was Franklin Resources, an estimated $24.5M added.
- The largest Noah Holdings seller in Q4 2017 was Greenwoods Asset Management, an estimated $72.6M sold.
Based on aggregated 13F filings for Q4 2017.