China Eastern Airlines
CEA was delisted on the 2nd of February, 2023.
27 hedge funds and large institutions have $32.7M invested in China Eastern Airlines in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 13 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
13% more funds holding
Funds holding: 24 → 27 (+3)
8% less capital invested
Capital invested by funds: $35.4M → $32.7M (-$2.74M)
69% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.22M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$430K |
| 3 |
JP Morgan Chase
New York
|
+$365K |
| 4 |
BCM
Bluefin Capital Management
New York
|
+$272K |
| 5 |
Jane Street
New York
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.35M |
| 2 |
RG
Renaissance Group
Covington,
Kentucky
|
-$666K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$367K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$249K |
| 5 |
Millennium Management
New York
|
-$248K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $2K | +$2.7K | +98 | New |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | -$8.11K | -294 | -91% |
|
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$367K | -13,773 | Closed |
|
|
29
Millennium Management
New York
| – | -$248K | -9,300 | Closed |
|
|
CCM
30
Cadence Capital Management
Boston,
Massachusetts
| – | -$237K | -8,900 | Closed |
|
31
Barclays
London,
United Kingdom
| – | -$1K | -50 | Closed |
|
CEA Hedge Fund Activity: Q2 2016 in Review
27 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in China Eastern Airlines (CEA) for Q2 2016, worth a combined $32.7M — down 7.7% from $35.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new CEA positions and 5 closed out — a net gain of 3 holders — while 4 added to existing stakes and 13 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $1.22M. The largest seller was Renaissance Technologies, cutting an estimated $1.35M.
- 27 institutional investors held China Eastern Airlines (CEA) as of Q2 2016, up from 24 in Q1 2016.
- Funds reported $32.7M of China Eastern Airlines stock for Q2 2016, down 7.7% quarter-over-quarter.
- 8 funds opened new China Eastern Airlines positions in Q2 2016 and 5 closed out, a net change of +3 holders.
- The largest China Eastern Airlines buyer in Q2 2016 was Credit Suisse, an estimated $1.22M added.
- The largest China Eastern Airlines seller in Q2 2016 was Renaissance Technologies, an estimated $1.35M sold.
Based on aggregated 13F filings for Q2 2016.