Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share
SOGO
SOGO was delisted on the 23rd of September, 2021.
84 hedge funds and large institutions have $252M invested in Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share in 2020 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 20 increasing their positions, 24 reducing their positions, and 15 closing their positions.
100% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 15
22% more funds holding
Funds holding: 69 → 84 (+15)
3% more capital invested
Capital invested by funds: $245M → $252M (+$7.02M)
10% less call options, than puts
Call options by funds: $7.61M | Put options by funds: $8.44M
17% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$19.7M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$13.6M |
| 3 |
Renaissance Technologies
New York
|
+$8.42M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$6.64M |
| 5 |
Morgan Stanley
New York
|
+$5.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
-$43.7M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$14.8M |
| 3 |
Man Group
London,
United Kingdom
|
-$11.2M |
| 4 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$6.45M |
| 5 |
JP Morgan Chase
New York
|
-$4.52M |
SOGO Hedge Fund Activity: Q4 2020 in Review
84 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share (SOGO) for Q4 2020, worth a combined $252M — up 2.9% from $245M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SOGO positions and 15 closed out — a net gain of 15 holders — while 20 added to existing stakes and 24 trimmed.
The largest buyer was Millennium Management, adding an estimated $19.7M. The largest seller was TIG Advisors LLC, exiting entirely with an estimated $43.7M sold.
- 84 institutional investors held Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share (SOGO) as of Q4 2020, up from 69 in Q3 2020.
- Funds reported $252M of Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share stock for Q4 2020, up 2.9% quarter-over-quarter.
- 30 funds opened new Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share positions in Q4 2020 and 15 closed out, a net change of +15 holders.
- The largest Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share buyer in Q4 2020 was Millennium Management, an estimated $19.7M added.
- The largest Sogou Inc. American Depositary Shares, each representing one Class A Ordinary Share seller in Q4 2020 was TIG Advisors LLC, an estimated $43.7M sold.
Based on aggregated 13F filings for Q4 2020.