Noah Holdings
NOAH
139 hedge funds and large institutions have $970M invested in Noah Holdings in 2019 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 52 increasing their positions, 35 reducing their positions, and 21 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 35
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
4% more funds holding
Funds holding: 134 → 139 (+5)
1.41% more ownership
Funds ownership: 146.95% → 148.36% (+1.4%)
31% less capital invested
Capital invested by funds: $1.4B → $970M (-$429M)
95% less call options, than puts
Call options by funds: $2.45M | Put options by funds: $48.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KM
Kylin Management
New York
|
+$21.2M |
| 2 |
CC
Cederberg Capital
London,
United Kingdom
|
+$15.6M |
| 3 |
HA
HHLR Advisors
Grand Cayman,
Cayman Islands
|
+$15.3M |
| 4 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$13.2M |
| 5 |
BTP
Bloom Tree Partners
New York
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$45.2M |
| 2 |
JP Morgan Chase
New York
|
-$18.9M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$17.6M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$9.42M |
| 5 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
-$6.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
151
Ancora Advisors
Cleveland,
Ohio
| – | -$222K | -5,200 | Closed |
|
|
DILIC
152
Dai-ichi Life Insurance Company
Tokyo,
Japan
| – | -$213K | -5,000 | Closed |
|
153
Korea Investment Corp
Seoul,
South Korea
| – | -$203K | -4,765 | Closed |
|
|
LTFS
154
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$112K | -2,650 | Closed |
|
|
QCG
155
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$53K | -1,246 | Closed |
|
|
CAW
156
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$4K | -93 | Closed |
|
|
PCP
157
Proficio Capital Partners
Newton,
Massachusetts
| – | -$2K | -45 | Closed |
|
|
EFSCE
158
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$2K | -39 | Closed |
|
159
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$64 | +2 | New |
|
NOAH Hedge Fund Activity: Q3 2019 in Review
139 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Noah Holdings (NOAH) for Q3 2019, worth a combined $970M — down 31% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new NOAH positions and 21 closed out — a net gain of 6 holders — while 52 added to existing stakes and 35 trimmed.
The largest buyer was Kylin Management, opening a new position worth an estimated $21.2M. The largest seller was Capital International Investors, cutting an estimated $45.2M.
- 139 institutional investors held Noah Holdings (NOAH) as of Q3 2019, up from 134 in Q2 2019.
- Funds reported $970M of Noah Holdings stock for Q3 2019, down 31% quarter-over-quarter.
- 27 funds opened new Noah Holdings positions in Q3 2019 and 21 closed out, a net change of +6 holders.
- The largest Noah Holdings buyer in Q3 2019 was Kylin Management, an estimated $21.2M added.
- The largest Noah Holdings seller in Q3 2019 was Capital International Investors, an estimated $45.2M sold.
Based on aggregated 13F filings for Q3 2019.