eHi Car Services Limited
EHIC
EHIC was delisted on the 9th of April, 2019.
28 hedge funds and large institutions have $202M invested in eHi Car Services Limited in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 2 reducing their positions, and 8 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 2
13% less funds holding
Funds holding: 32 → 28 (-4)
31% less capital invested
Capital invested by funds: $292M → $202M (-$90.1M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yiheng Capital Management
San Francisco,
California
|
+$1.12M |
| 2 |
ACP
Acuta Capital Partners
Redwood City,
California
|
+$622K |
| 3 |
Morgan Stanley
New York
|
+$530K |
| 4 |
Renaissance Technologies
New York
|
+$280K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$91.9M |
| 2 |
SCMC
Serenity Capital Management (Cayman)
George Town,
Cayman Islands
|
-$1.5M |
| 3 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$790K |
| 4 |
MICM
Matthews International Capital Management
San Francisco,
California
|
-$469K |
| 5 |
Millennium Management
New York
|
-$109K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $1K | – | – | – |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1K | +$1.71K | +162 | +1,080% |
|
|
TCIM
28
TIAA CREF Investment Management
New York
| $877 | – | – | – |
|
|
29
Goldman Sachs
New York
| – | -$91.9M | -9,092,066 | Closed |
|
|
SCMC
30
Serenity Capital Management (Cayman)
George Town,
Cayman Islands
| – | -$1.5M | -148,797 | Closed |
|
|
LOAMU
31
Lombard Odier Asset Management (USA)
New York
| – | -$790K | -78,125 | Closed |
|
32
Barclays
London,
United Kingdom
| – | -$31K | -3,100 | Closed |
|
|
CFA
33
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$5K | -500 | Closed |
|
34
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$5K | -500 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$2K | -200 | Closed |
|
EHIC Hedge Fund Activity: Q3 2016 in Review
28 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in eHi Car Services Limited (EHIC) for Q3 2016, worth a combined $202M — down 31% from $292M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EHIC and 4 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 12 added.
The largest buyer was Yiheng Capital Management, adding an estimated $1.12M. The largest seller was Goldman Sachs, exiting entirely with an estimated $91.9M sold.
- 28 institutional investors held eHi Car Services Limited (EHIC) as of Q3 2016, down from 32 in Q2 2016.
- Funds reported $202M of eHi Car Services Limited stock for Q3 2016, down 31% quarter-over-quarter.
- 4 funds opened new eHi Car Services Limited positions in Q3 2016 and 8 closed out, a net change of -4 holders.
- The largest eHi Car Services Limited buyer in Q3 2016 was Yiheng Capital Management, an estimated $1.12M added.
- The largest eHi Car Services Limited seller in Q3 2016 was Goldman Sachs, an estimated $91.9M sold.
Based on aggregated 13F filings for Q3 2016.