Qfin Holdings
QFIN
42 hedge funds and large institutions have $312M invested in Qfin Holdings in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 26 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
0.77% less ownership
Funds ownership: 16.51% → 15.74% (-0.77%)
22% less capital invested
Capital invested by funds: $400M → $312M (-$87.6M)
29% less funds holding
Funds holding: 59 → 42 (-17)
62% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Aspex Management (HK)
Central,
Hong Kong
|
+$13.5M |
| 2 |
FCCPG
FountainVest China Capital Partners GP3
Grand Cayman,
Cayman Islands
|
+$8.94M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$3.14M |
| 4 |
KFA
Krane Funds Advisors
New York
|
+$2.05M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.5M |
| 2 |
First Manhattan
New York
|
-$5.68M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$3.4M |
| 4 |
Morgan Stanley
New York
|
-$2.13M |
| 5 |
Two Sigma Investments
New York
|
-$1.68M |
QFIN Hedge Fund Activity: Q1 2020 in Review
42 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Qfin Holdings (QFIN) for Q1 2020, worth a combined $312M — down 22% from $400M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of QFIN and 10 opened new positions — a net loss of 16 holders — while 13 trimmed existing stakes and 14 added.
The largest buyer was Aspex Management (HK), adding an estimated $13.5M. The largest seller was Fidelity Investments, cutting an estimated $39.5M.
- 42 institutional investors held Qfin Holdings (QFIN) as of Q1 2020, down from 59 in Q4 2019.
- Funds reported $312M of Qfin Holdings stock for Q1 2020, down 22% quarter-over-quarter.
- 10 funds opened new Qfin Holdings positions in Q1 2020 and 26 closed out, a net change of -16 holders.
- The largest Qfin Holdings buyer in Q1 2020 was Aspex Management (HK), an estimated $13.5M added.
- The largest Qfin Holdings seller in Q1 2020 was Fidelity Investments, an estimated $39.5M sold.
Based on aggregated 13F filings for Q1 2020.