PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL)
PWRD
PWRD was delisted on the 28th of July, 2015.
88 hedge funds and large institutions have $454M invested in PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) in 2014 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 24 increasing their positions, 31 reducing their positions, and 18 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 18
31% more capital invested
Capital invested by funds: $346M → $454M (+$108M)
6% more funds holding
Funds holding: 83 → 88 (+5)
23% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 31
58% less call options, than puts
Call options by funds: $6.02M | Put options by funds: $14.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$15.5M |
| 2 |
JP Morgan Chase
New York
|
+$10.8M |
| 3 |
BAMCO Inc
New York
|
+$8.62M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$8.2M |
| 5 |
Morgan Stanley
New York
|
+$6.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
Fosun International
Hong Kong,
China
|
-$22.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.6M |
| 3 |
Renaissance Technologies
New York
|
-$8.7M |
| 4 |
CCM
Crestwood Capital Management
New York
|
-$6.46M |
| 5 |
Millennium Management
New York
|
-$5.58M |
PWRD Hedge Fund Activity: Q1 2014 in Review
88 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) (PWRD) for Q1 2014, worth a combined $454M — up 31% from $346M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PWRD positions and 18 closed out — a net gain of 6 holders — while 24 added to existing stakes and 31 trimmed.
The largest buyer was abrdn Investment Management, opening a new position worth an estimated $15.5M. The largest seller was Fosun International, cutting an estimated $22.9M.
- 88 institutional investors held PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) (PWRD) as of Q1 2014, up from 83 in Q4 2013.
- Funds reported $454M of PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) stock for Q1 2014, up 31% quarter-over-quarter.
- 24 funds opened new PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) positions in Q1 2014 and 18 closed out, a net change of +6 holders.
- The largest PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) buyer in Q1 2014 was abrdn Investment Management, an estimated $15.5M added.
- The largest PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) seller in Q1 2014 was Fosun International, an estimated $22.9M sold.
Based on aggregated 13F filings for Q1 2014.