Noah Holdings
NOAH
123 hedge funds and large institutions have $867M invested in Noah Holdings in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 41 reducing their positions, and 14 closing their positions.
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
3% more funds holding
Funds holding: 120 → 123 (+3)
1.57% more ownership
Funds ownership: 147.96% → 149.53% (+1.6%)
2% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 41
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
26% less capital invested
Capital invested by funds: $1.17B → $867M (-$306M)
92% less call options, than puts
Call options by funds: $1.26M | Put options by funds: $14.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yiheng Capital Management
San Francisco,
California
|
+$35.6M |
| 2 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$20.6M |
| 3 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
+$11.6M |
| 4 |
TPC
Tiger Pacific Capital
New York
|
+$11.1M |
| 5 |
KM
Kylin Management
New York
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WFM Asia
Road Town, Tortola,
British Virgin Islands
|
-$103M |
| 2 |
CC
Cederberg Capital
London,
United Kingdom
|
-$8.87M |
| 3 |
PCIG
Partners Capital Investment Group
Boston,
Massachusetts
|
-$5.86M |
| 4 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$5.01M |
| 5 |
Two Sigma Investments
New York
|
-$3.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Millennium Management
New York
| – | -$2.25M | -63,483 | Closed |
|
|
PGCM
127
Prescott Group Capital Management
Tulsa,
Oklahoma
| – | -$1.52M | -43,121 | Closed |
|
|
HLA
128
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
| – | -$575K | -16,263 | Closed |
|
129
Axa
Paris,
France
| – | -$354K | -10,000 | Closed |
|
130
SG Americas Securities
New York
| – | -$312K | -8,816 | Closed |
|
131
Nomura Holdings
Tokyo,
Japan
| – | -$223K | -6,300 | Closed |
|
132
Diamond Hill Capital Management
Columbus,
Ohio
| – | -$210K | -5,942 | Closed |
|
|
AIM
133
Aigen Investment Management
New York
| – | -$183K | -5,164 | Closed |
|
|
VBA
134
Van Berkom & Associates
Montreal,
Quebec, Canada
| – | -$178K | -5,022 | Closed |
|
135
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$129K | -3,639 | Closed |
|
|
CG
136
Cutler Group
San Francisco,
California
| – | -$15.8K | -500 | Closed |
|
137
Rockefeller Capital Management
New York
| – | -$1K | -20 | Closed |
|
NOAH Hedge Fund Activity: Q1 2020 in Review
123 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Noah Holdings (NOAH) for Q1 2020, worth a combined $867M — down 26% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NOAH positions and 14 closed out — a net gain of 5 holders — while 40 added to existing stakes and 41 trimmed.
The largest buyer was Yiheng Capital Management, adding an estimated $35.6M. The largest seller was WFM Asia, exiting entirely with an estimated $103M sold.
- 123 institutional investors held Noah Holdings (NOAH) as of Q1 2020, up from 120 in Q4 2019.
- Funds reported $867M of Noah Holdings stock for Q1 2020, down 26% quarter-over-quarter.
- 19 funds opened new Noah Holdings positions in Q1 2020 and 14 closed out, a net change of +5 holders.
- The largest Noah Holdings buyer in Q1 2020 was Yiheng Capital Management, an estimated $35.6M added.
- The largest Noah Holdings seller in Q1 2020 was WFM Asia, an estimated $103M sold.
Based on aggregated 13F filings for Q1 2020.