Sohu.com
SOHU
108 hedge funds and large institutions have $2.07B invested in Sohu.com in 2013 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 36 increasing their positions, 37 reducing their positions, and 49 closing their positions.
2% more capital invested
Capital invested by funds: $2.02B → $2.07B (+$49.9M)
3% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 37
13% less call options, than puts
Call options by funds: $76M | Put options by funds: $87.1M
21% less funds holding
Funds holding: 136 → 108 (-28)
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
51% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$156M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$57.7M |
| 3 |
PCM
Prime Capital Management
Hong Kong
|
+$47.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$41.3M |
| 5 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
+$39.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$49.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$44.3M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$28.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.3M |
| 5 |
Millennium Management
New York
|
-$21.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAM
151
Orinda Asset Management
Lafayette,
California
| – | -$126K | -1,600 | Closed |
|
|
PCM
152
Prelude Capital Management
New York
| – | -$102K | -1,300 | Closed |
|
|
TRCT
153
Tower Research Capital (TRC)
New York
| – | -$55K | -695 | Closed |
|
154
Envestnet Asset Management
Chicago,
Illinois
| – | -$27K | -343 | Closed |
|
|
BA
155
BlackRock Advisors
Wilmington,
Delaware
| – | -$9K | -117 | Closed |
|
|
PTC
156
Private Trust Company
Cleveland,
Ohio
| – | -$6K | -72 | Closed |
|
SOHU Hedge Fund Activity: Q4 2013 in Review
108 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Sohu.com (SOHU) for Q4 2013, worth a combined $2.07B — up 2.5% from $2.02B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of SOHU and 24 opened new positions — a net loss of 25 holders — while 37 trimmed existing stakes and 36 added.
The largest buyer was Platinum Investment Management, adding an estimated $156M. The largest seller was Fidelity International, exiting entirely with an estimated $49.2M sold.
- 108 institutional investors held Sohu.com (SOHU) as of Q4 2013, down from 136 in Q3 2013.
- Funds reported $2.07B of Sohu.com stock for Q4 2013, up 2.5% quarter-over-quarter.
- 24 funds opened new Sohu.com positions in Q4 2013 and 49 closed out, a net change of -25 holders.
- The largest Sohu.com buyer in Q4 2013 was Platinum Investment Management, an estimated $156M added.
- The largest Sohu.com seller in Q4 2013 was Fidelity International, an estimated $49.2M sold.
Based on aggregated 13F filings for Q4 2013.