PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL)
PWRD
PWRD was delisted on the 28th of July, 2015.
85 hedge funds and large institutions have $264M invested in PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 24 reducing their positions, and 20 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 24
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less funds holding
Funds holding: 93 → 85 (-8)
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
33% less call options, than puts
Call options by funds: $3.15M | Put options by funds: $4.73M
41% less capital invested
Capital invested by funds: $446M → $264M (-$182M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
+$3.79M |
| 2 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
+$3.55M |
| 3 |
PCM
Prime Capital Management
Hong Kong
|
+$2.54M |
| 4 |
BAMCO Inc
New York
|
+$2.42M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$17M |
| 2 |
Bank of New York Mellon
New York
|
-$5.33M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$3.05M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.58M |
| 5 |
Jane Street
New York
|
-$1.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Point72 Asset Management
Stamford,
Connecticut
| – | -$116K | -5,900 | Closed |
|
|
CSS
102
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$96K | -4,861 | Closed |
|
103
Ameriprise
Minneapolis,
Minnesota
| – | -$18K | -912 | Closed |
|
|
AP
104
Advisors Preferred
Rockville,
Maryland
| – | -$17.3K | -881 | Closed |
|
105
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -125 | Closed |
|
|
BRWA
106
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | +$75 | +4 | New |
|
PWRD Hedge Fund Activity: Q4 2014 in Review
85 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) (PWRD) for Q4 2014, worth a combined $264M — down 41% from $446M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PWRD and 14 opened new positions — a net loss of 6 holders — while 24 trimmed existing stakes and 34 added.
The largest buyer was Todd Asset Management, adding an estimated $3.79M. The largest seller was abrdn Investment Management, cutting an estimated $17M.
- 85 institutional investors held PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) (PWRD) as of Q4 2014, down from 93 in Q3 2014.
- Funds reported $264M of PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) stock for Q4 2014, down 41% quarter-over-quarter.
- 14 funds opened new PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) positions in Q4 2014 and 20 closed out, a net change of -6 holders.
- The largest PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) buyer in Q4 2014 was Todd Asset Management, an estimated $3.79M added.
- The largest PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) seller in Q4 2014 was abrdn Investment Management, an estimated $17M sold.
Based on aggregated 13F filings for Q4 2014.