Yiren Digital
YRD
52 hedge funds and large institutions have $126M invested in Yiren Digital in 2018 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 35 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
1.02% less ownership
Funds ownership: 5.98% → 4.96% (-1%)
29% less funds holding
Funds holding: 73 → 52 (-21)
55% less capital invested
Capital invested by funds: $280M → $126M (-$154M)
57% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 35
80% less call options, than puts
Call options by funds: $730K | Put options by funds: $3.59M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$49.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.88M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$5.28M |
| 4 |
GH
GAM Holding
Zurich,
Switzerland
|
+$4.58M |
| 5 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$25.5M |
| 2 |
SCH
Sylebra Capital (HK)
Hong Kong
|
-$22.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.8M |
| 4 |
JP Morgan Chase
New York
|
-$13.3M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$11.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSS
76
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$239K | -5,940 | Closed |
|
|
PAMU
77
Pictet Asset Management (UK)
London,
United Kingdom
| – | -$181K | -4,500 | Closed |
|
78
Barclays
London,
United Kingdom
| – | -$67.8K | -2,295 | -100% |
|
79
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$50K | -1,255 | Closed |
|
|
SWP
80
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$40K | -1,000 | Closed |
|
|
FGAM
81
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$28K | -904 | Closed |
|
|
FDCDDQ
82
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$16.1K | -400 | Closed |
|
83
Wells Fargo
San Francisco,
California
| – | -$5K | -125 | Closed |
|
|
MA
84
MCF Advisors
Covington,
Kentucky
| – | -$2K | -46 | Closed |
|
|
CIP
85
Convergence Investment Partners
Palm Beach Gardens,
Florida
| – | -$1K | -35 | Closed |
|
YRD Hedge Fund Activity: Q2 2018 in Review
52 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Yiren Digital (YRD) for Q2 2018, worth a combined $126M — down 55% from $280M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of YRD and 15 opened new positions — a net loss of 20 holders — while 14 trimmed existing stakes and 18 added.
The largest buyer was Davis Selected Advisers, adding an estimated $49.2M. The largest seller was Man Group, exiting entirely with an estimated $25.5M sold.
- 52 institutional investors held Yiren Digital (YRD) as of Q2 2018, down from 73 in Q1 2018.
- Funds reported $126M of Yiren Digital stock for Q2 2018, down 55% quarter-over-quarter.
- 15 funds opened new Yiren Digital positions in Q2 2018 and 35 closed out, a net change of -20 holders.
- The largest Yiren Digital buyer in Q2 2018 was Davis Selected Advisers, an estimated $49.2M added.
- The largest Yiren Digital seller in Q2 2018 was Man Group, an estimated $25.5M sold.
Based on aggregated 13F filings for Q2 2018.