Xunlei
XNET
27 hedge funds and large institutions have $50.2M invested in Xunlei in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 10 closing their positions.
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
4% less funds holding
Funds holding: 28 → 27 (-1)
40% less capital invested
Capital invested by funds: $83.2M → $50.2M (-$33M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
86% less call options, than puts
Call options by funds: $1K | Put options by funds: $7K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$2.27M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$596K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$553K |
| 4 |
ICP
Indus Capital Partners
New York
|
+$210K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$198K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Keywise Capital Management
Grand Cayman,
Cayman Islands
|
-$4.6M |
| 2 |
SPC
Standard Pacific Capital
San Francisco,
California
|
-$4.29M |
| 3 |
AG
AIA Group
Hong Kong
|
-$1.71M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$1.42M |
| 5 |
Bank of New York Mellon
New York
|
-$806K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Group One Trading
Chicago,
Illinois
| $2K | -$13.4K | -1,465 | -83% |
|
|
ICP
27
Indus Capital Partners
New York
| $168 | +$210K | +23,000 | New |
|
|
KCM
28
Keywise Capital Management
Grand Cayman,
Cayman Islands
| – | -$4.6M | -427,800 | Closed |
|
|
SPC
29
Standard Pacific Capital
San Francisco,
California
| – | -$4.29M | -399,150 | Closed |
|
|
AG
30
AIA Group
Hong Kong
| – | -$1.71M | -159,849 | Closed |
|
|
31
Bank of New York Mellon
New York
| – | -$806K | -75,008 | Closed |
|
32
Jane Street
New York
| – | -$289K | -26,859 | Closed |
|
|
GCP
33
GSA Capital Partners
London,
United Kingdom
| – | -$134K | -12,480 | Closed |
|
|
RIM
34
RS Investment Management
San Francisco,
California
| – | -$133K | -12,377 | Closed |
|
|
CSS
35
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$22K | -2,000 | Closed |
|
|
QT
36
Quantbot Technologies
New York
| – | -$16K | -1,549 | Closed |
|
XNET Hedge Fund Activity: Q4 2014 in Review
27 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Xunlei (XNET) for Q4 2014, worth a combined $50.2M — down 40% from $83.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new XNET positions and 10 closed out — a net gain of 1 holder — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Index Management Solutions, opening a new position worth an estimated $2.27M. The largest seller was Keywise Capital Management, exiting entirely with an estimated $4.6M sold.
- 27 institutional investors held Xunlei (XNET) as of Q4 2014, down from 28 in Q3 2014.
- Funds reported $50.2M of Xunlei stock for Q4 2014, down 40% quarter-over-quarter.
- 11 funds opened new Xunlei positions in Q4 2014 and 10 closed out, a net change of +1 holder.
- The largest Xunlei buyer in Q4 2014 was Index Management Solutions, an estimated $2.27M added.
- The largest Xunlei seller in Q4 2014 was Keywise Capital Management, an estimated $4.6M sold.
Based on aggregated 13F filings for Q4 2014.