Noah Holdings
NOAH
126 hedge funds and large institutions have $1.23B invested in Noah Holdings in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 57 increasing their positions, 28 reducing their positions, and 26 closing their positions.
104% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 28
6.56% more ownership
Funds ownership: 139.26% → 145.82% (+6.6%)
9% less funds holding
Funds holding: 138 → 126 (-12)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
15% less capital invested
Capital invested by funds: $1.45B → $1.23B (-$225M)
42% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 26
57% less call options, than puts
Call options by funds: $1.48M | Put options by funds: $3.45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$39M |
| 2 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$23.3M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$19M |
| 4 |
YCM
Yiheng Capital Management
San Francisco,
California
|
+$15.3M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
-$46.5M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$22.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$17M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$15.8M |
| 5 |
JP Morgan Chase
New York
|
-$13.4M |
NOAH Hedge Fund Activity: Q3 2018 in Review
126 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Noah Holdings (NOAH) for Q3 2018, worth a combined $1.23B — down 15% from $1.45B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of NOAH and 15 opened new positions — a net loss of 11 holders — while 28 trimmed existing stakes and 57 added.
The largest buyer was UBS AM, adding an estimated $39M. The largest seller was Hillhouse Investment Management, exiting entirely with an estimated $46.5M sold.
- 126 institutional investors held Noah Holdings (NOAH) as of Q3 2018, down from 138 in Q2 2018.
- Funds reported $1.23B of Noah Holdings stock for Q3 2018, down 15% quarter-over-quarter.
- 15 funds opened new Noah Holdings positions in Q3 2018 and 26 closed out, a net change of -11 holders.
- The largest Noah Holdings buyer in Q3 2018 was UBS AM, an estimated $39M added.
- The largest Noah Holdings seller in Q3 2018 was Hillhouse Investment Management, an estimated $46.5M sold.
Based on aggregated 13F filings for Q3 2018.