eHi Car Services Limited
EHIC
EHIC was delisted on the 9th of April, 2019.
33 hedge funds and large institutions have $370M invested in eHi Car Services Limited in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 9 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
87% more capital invested
Capital invested by funds: $198M → $370M (+$173M)
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
11% less funds holding
Funds holding: 37 → 33 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$110M |
| 2 |
Tiger Global Management
New York
|
+$44M |
| 3 |
SIM
SRS Investment Management
New York
|
+$22M |
| 4 |
SCMC
Serenity Capital Management (Cayman)
George Town,
Cayman Islands
|
+$998K |
| 5 |
MICM
Matthews International Capital Management
San Francisco,
California
|
+$790K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ariose Capital Management
Central, Hong Kong,
Hong Kong
|
-$7.12M |
| 2 |
KCM
Kingdon Capital Management
New York
|
-$1.55M |
| 3 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$624K |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$492K |
| 5 |
Millennium Management
New York
|
-$410K |
EHIC Hedge Fund Activity: Q1 2016 in Review
33 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in eHi Car Services Limited (EHIC) for Q1 2016, worth a combined $370M — up 87% from $198M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EHIC and 6 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 12 added.
The largest buyer was Goldman Sachs, adding an estimated $110M. The largest seller was Ariose Capital Management, cutting an estimated $7.12M.
- 33 institutional investors held eHi Car Services Limited (EHIC) as of Q1 2016, down from 37 in Q4 2015.
- Funds reported $370M of eHi Car Services Limited stock for Q1 2016, up 87% quarter-over-quarter.
- 6 funds opened new eHi Car Services Limited positions in Q1 2016 and 9 closed out, a net change of -3 holders.
- The largest eHi Car Services Limited buyer in Q1 2016 was Goldman Sachs, an estimated $110M added.
- The largest eHi Car Services Limited seller in Q1 2016 was Ariose Capital Management, an estimated $7.12M sold.
Based on aggregated 13F filings for Q1 2016.