Seeking Alpha
Value, growth, long-term horizon, medium-term horizon
Profile| Send Message|
( followers)  

Do you like to follow the buying and selling trends of institutional investors? We ran a screen with this idea in mind.

We began by screening the tech sector for U.S.-traded stocks of Chinese companies.

We then screened for those with bearish sentiment from institutional investors, with significant net institutional sales over the last quarter representing at least 5% of share float. This indicates that institutional investors such as hedge fund managers and mutual fund managers expect these names to underperform in the future.

For an ‪interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.‬

Tool provided by Kapitall (www.kapitall.com).

Do you think these stocks are in hot water? Use this list as a starting point for your own analysis.

List sorted by net institutional sales as a percent of share float.

1. Trina Solar Limited (NYSE:TSL): Designs, develops, manufactures, and sells photovoltaic (PV) modules worldwide. Market cap at $320.8M, most recent closing price at $4.60. Net institutional sales in the current quarter at -12.4M shares, which represents about 18.78% of the company's float of 66.02M shares.

2. Yingli Green Energy Holding Co. Ltd. (NYSE:YGE): Engages in the design, development, manufacture, marketing, sale, and installation of photovoltaic (PV) products in the People's Republic of China and internationally. Market cap at $277.15M, most recent closing price at $1.77. Net institutional sales in the current quarter at -14.3M shares, which represents about 13.92% of the company's float of 102.75M shares.

3. SouFun Holdings Ltd. (NYSE:SFUN): Provides marketing, listing, technology, and information consultancy services to real estate and home furnishing industries in the People's Republic of China. Market cap at $251.94M, most recent closing price at $13.56. Net institutional sales in the current quarter at -1.7M shares, which represents about 12.72% of the company's float of 13.37M shares.

4. Spreadtrum Communications Inc. (NASDAQ:SPRD): Operates as a fabless semiconductor company that designs, develops, and markets baseband processor and RF transceiver solutions for wireless communications and mobile television markets. Market cap at $817.02M, most recent closing price at $17.80. Net institutional sales in the current quarter at -3.9M shares, which represents about 12.06% of the company's float of 32.34M shares.

5. Suntech Power Holdings Co. Ltd. (NYSE:STP): Engages in the design, development, manufacture, and marketing of photovoltaic (PV) products. Market cap at $188.41M, most recent closing price at $1.04. Net institutional sales in the current quarter at -7.5M shares, which represents about 5.87% of the company's float of 127.82M shares.

6. JA Solar Holdings Co., Ltd. (NASDAQ:JASO): Engages in the design, development, manufacture, and sale of photovoltaic solar cells and solar products, which convert sunlight into electricity in the People's Republic of China. Market cap at $202.24M, most recent closing price at $1.0. Net institutional sales in the current quarter at -7.5M shares, which represents about 5.4% of the company's float of 138.93M shares.

*Institutional data sourced from Fidelity, all other data sourced from Finviz.

Source: 6 Chinese Tech Stocks Being Sold Off By Hedge Funds