China Eastern Airlines
CEA was delisted on the 2nd of February, 2023.
23 hedge funds and large institutions have $26.9M invested in China Eastern Airlines in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 6 closing their positions.
15% less funds holding
Funds holding: 27 → 23 (-4)
18% less capital invested
Capital invested by funds: $32.7M → $26.9M (-$5.79M)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Renaissance Group
Covington,
Kentucky
|
+$385K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$160K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$98.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$32.3K |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$23K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$957K |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$784K |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$437K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$401K |
| 5 |
JP Morgan Chase
New York
|
-$335K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Ameriprise
Minneapolis,
Minnesota
| – | -$221K | -8,724 | Closed |
|
|
CCA
27
Checchi Capital Advisers
Beverly Hills,
California
| – | -$43K | -1,691 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$3K | -132 | Closed |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$613 | -23 | -82% |
|
CEA Hedge Fund Activity: Q3 2016 in Review
23 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in China Eastern Airlines (CEA) for Q3 2016, worth a combined $26.9M — down 18% from $32.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CEA and 2 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was Renaissance Group, adding an estimated $385K. The largest seller was Renaissance Technologies, cutting an estimated $957K.
- 23 institutional investors held China Eastern Airlines (CEA) as of Q3 2016, down from 27 in Q2 2016.
- Funds reported $26.9M of China Eastern Airlines stock for Q3 2016, down 18% quarter-over-quarter.
- 2 funds opened new China Eastern Airlines positions in Q3 2016 and 6 closed out, a net change of -4 holders.
- The largest China Eastern Airlines buyer in Q3 2016 was Renaissance Group, an estimated $385K added.
- The largest China Eastern Airlines seller in Q3 2016 was Renaissance Technologies, an estimated $957K sold.
Based on aggregated 13F filings for Q3 2016.