Sohu.com
SOHU
87 hedge funds and large institutions have $400M invested in Sohu.com in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 35 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
20% more call options, than puts
Call options by funds: $22.5M | Put options by funds: $18.7M
10% more funds holding
Funds holding: 79 → 87 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less ownership
Funds ownership: 60.94% → 58.93% (-2%)
15% less capital invested
Capital invested by funds: $472M → $400M (-$71.8M)
40% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$23.7M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$5.13M |
| 3 |
Two Sigma Investments
New York
|
+$2.82M |
| 4 |
RGI
River Global Investors
London,
United Kingdom
|
+$1.85M |
| 5 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
+$834K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
-$15.9M |
| 2 |
BlackRock
New York
|
-$13.8M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$8.92M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$4.62M |
| 5 |
Morgan Stanley
New York
|
-$3.74M |
SOHU Hedge Fund Activity: Q4 2018 in Review
87 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Sohu.com (SOHU) for Q4 2018, worth a combined $400M — down 15% from $472M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SOHU positions and 9 closed out — a net gain of 8 holders — while 21 added to existing stakes and 35 trimmed.
The largest buyer was Public Sector Pension Investment Board (PSP Investments), adding an estimated $23.7M. The largest seller was Hillhouse Investment Management, exiting entirely with an estimated $15.9M sold.
- 87 institutional investors held Sohu.com (SOHU) as of Q4 2018, up from 79 in Q3 2018.
- Funds reported $400M of Sohu.com stock for Q4 2018, down 15% quarter-over-quarter.
- 17 funds opened new Sohu.com positions in Q4 2018 and 9 closed out, a net change of +8 holders.
- The largest Sohu.com buyer in Q4 2018 was Public Sector Pension Investment Board (PSP Investments), an estimated $23.7M added.
- The largest Sohu.com seller in Q4 2018 was Hillhouse Investment Management, an estimated $15.9M sold.
Based on aggregated 13F filings for Q4 2018.