NextTrip
NTRP
8 hedge funds and large institutions have $922K invested in NextTrip in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
14% more funds holding
Funds holding: 7 → 8 (+1)
0.06% less ownership
Funds ownership: 0.1% → 0.05% (-0.06%)
10% less capital invested
Capital invested by funds: $1.02M → $922K (-$97K)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$521K |
| 2 |
Bank of New York Mellon
New York
|
+$94.9K |
| 3 |
Goldman Sachs
New York
|
+$59.9K |
| 4 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$48.5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$14.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$276K |
| 2 |
SM
Sabby Management
Miami Beach,
Florida
|
-$206K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$63K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$16.2K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
1
Perritt Capital Management
Chicago,
Illinois
| $422K | +$521K | +1,000 | New |
|
|
SM
2
Sabby Management
Miami Beach,
Florida
| $220K | -$206K | -396 | -43% |
|
|
AIM
3
ARK Investment Management
St. Petersburg,
Florida
| $77K | +$48.5K | +93 | +104% |
|
|
4
Bank of New York Mellon
New York
| $77K | +$94.9K | +182 | New |
|
|
5
Goldman Sachs
New York
| $49K | +$59.9K | +115 | New |
|
|
TCM
6
Trent Capital Management
Greensboro,
North Carolina
| $41K | +$50K | +96 | New |
|
|
VKH
7
Virtu KCG Holdings
New York
| $25K | -$16.2K | -31 | -35% |
|
|
8
UBS Group
Zurich,
Switzerland
| $11K | +$14.1K | +27 | New |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$276K | -445 | Closed |
|
|
CS
10
Credit Suisse
Zurich,
Switzerland
| – | -$63K | -101 | Closed |
|
|
11
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$4K | -6 | Closed |
|
12
Morgan Stanley
New York
| – | -$1K | -1 | Closed |
|
NTRP Hedge Fund Activity: Q2 2017 in Review
8 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NextTrip (NTRP) for Q2 2017, worth a combined $922K — down 9.5% from $1.02M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NTRP positions and 4 closed out — a net gain of 1 holder — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Perritt Capital Management, opening a new position worth an estimated $521K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $276K sold.
- 8 institutional investors held NextTrip (NTRP) as of Q2 2017, up from 7 in Q1 2017.
- Funds reported $922K of NextTrip stock for Q2 2017, down 9.5% quarter-over-quarter.
- 5 funds opened new NextTrip positions in Q2 2017 and 4 closed out, a net change of +1 holder.
- The largest NextTrip buyer in Q2 2017 was Perritt Capital Management, an estimated $521K added.
- The largest NextTrip seller in Q2 2017 was Susquehanna International Group, an estimated $276K sold.
Based on aggregated 13F filings for Q2 2017.