PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL)
PWRD
PWRD was delisted on the 28th of July, 2015.
71 hedge funds and large institutions have $438M invested in PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 30 reducing their positions, and 23 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
66% more capital invested
Capital invested by funds: $264M → $438M (+$174M)
16% less funds holding
Funds holding: 85 → 71 (-14)
37% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 30
57% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 23
93% less call options, than puts
Call options by funds: $626K | Put options by funds: $9.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
Fosun International
Hong Kong,
China
|
+$44.7M |
| 2 |
ACPU
Arrowgrass Capital Partners (US)
Dover,
Delaware
|
+$20M |
| 3 |
Morgan Stanley
New York
|
+$17M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$15.9M |
| 5 |
SAM
Silphium Asset Management
London,
United Kingdom
|
+$6.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$24.1M |
| 2 |
PCM
Prime Capital Management
Hong Kong
|
-$9.4M |
| 3 |
SI
Sensato Investors
San Francisco,
California
|
-$7.24M |
| 4 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$7.02M |
| 5 |
TAM
Todd Asset Management
Louisville,
Kentucky
|
-$6.69M |
PWRD Hedge Fund Activity: Q1 2015 in Review
71 of the 3,753 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 2015, worth a combined $438M — up 66% from $264M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of PWRD and 10 opened new positions — a net loss of 13 holders — while 30 trimmed existing stakes and 19 added.
The largest buyer was Fosun International, adding an estimated $44.7M. The largest seller was Wellington Management Group, cutting an estimated $24.1M.
- 71 institutional investors held PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) (PWRD) as of Q1 2015, down from 85 in Q4 2014.
- Funds reported $438M of PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) stock for Q1 2015, up 66% quarter-over-quarter.
- 10 funds opened new PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) positions in Q1 2015 and 23 closed out, a net change of -13 holders.
- The largest PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) buyer in Q1 2015 was Fosun International, an estimated $44.7M added.
- The largest PERFECT WORLD CO LTD SPONSORED ADR REPSTG CL B (CAYMAN ISL) seller in Q1 2015 was Wellington Management Group, an estimated $24.1M sold.
Based on aggregated 13F filings for Q1 2015.