Xunlei
XNET
48 hedge funds and large institutions have $147M invested in Xunlei in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 12 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
12% more funds holding
Funds holding: 43 → 48 (+5)
0.42% more ownership
Funds ownership: 3.94% → 4.35% (+0.42%)
27% less capital invested
Capital invested by funds: $201M → $147M (-$55M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
48% less call options, than puts
Call options by funds: $3.52M | Put options by funds: $6.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.4M |
| 3 |
EAM
EastBay Asset Management
New York
|
+$2.36M |
| 4 |
Two Sigma Investments
New York
|
+$1.7M |
| 5 |
Squarepoint
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.6M |
| 2 |
PCM
Prime Capital Management
Hong Kong
|
-$6.58M |
| 3 |
IP
Intellectus Partners
San Francisco,
California
|
-$3.74M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.92M |
| 5 |
Renaissance Technologies
New York
|
-$833K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
51
Jefferies Group
New York
| – | -$411K | -26,700 | Closed |
|
|
KA
52
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$383K | -24,890 | Closed |
|
|
PA
53
Profund Advisors
Bethesda,
Maryland
| – | -$304K | -19,734 | Closed |
|
|
OAM
54
Oxford Asset Management
Oxford,
United Kingdom
| – | -$262K | -17,879 | Closed |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$268K | -17,412 | Closed |
|
|
PG
56
PEAK6 Group
Chicago,
Illinois
| – | -$175K | -11,343 | Closed |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| – | -$11K | -700 | Closed |
|
|
DCM
58
Delpha Capital Management
New York
| – | -$4K | -252 | Closed |
|
59
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -100 | Closed |
|
60
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$431 | +30 | New |
|
XNET Hedge Fund Activity: Q1 2018 in Review
48 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Xunlei (XNET) for Q1 2018, worth a combined $147M — down 27% from $201M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new XNET positions and 12 closed out — a net gain of 5 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $15.9M. The largest seller was Morgan Stanley, cutting an estimated $6.6M.
- 48 institutional investors held Xunlei (XNET) as of Q1 2018, up from 43 in Q4 2017.
- Funds reported $147M of Xunlei stock for Q1 2018, down 27% quarter-over-quarter.
- 17 funds opened new Xunlei positions in Q1 2018 and 12 closed out, a net change of +5 holders.
- The largest Xunlei buyer in Q1 2018 was Fidelity Investments, an estimated $15.9M added.
- The largest Xunlei seller in Q1 2018 was Morgan Stanley, an estimated $6.6M sold.
Based on aggregated 13F filings for Q1 2018.