ELONG, INC. AMERICAN DEPOSITARY SHARES
LONG
LONG was delisted on the 31st of May, 2016.
21 hedge funds and large institutions have $35.2M invested in ELONG, INC. AMERICAN DEPOSITARY SHARES in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
5% more funds holding
Funds holding: 20 → 21 (+1)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
27% less capital invested
Capital invested by funds: $48.2M → $35.2M (-$13M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$637K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$335K |
| 3 |
KCM
Keywise Capital Management
Grand Cayman,
Cayman Islands
|
+$310K |
| 4 |
Barclays
London,
United Kingdom
|
+$308K |
| 5 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
-$2.53M |
| 2 |
CCM
Cortex Capital Management
Fort Worth,
Texas
|
-$929K |
| 3 |
SCM
Sigma Capital Management
Stamford,
Connecticut
|
-$801K |
| 4 |
IAM
Integre Asset Management
New York
|
-$454K |
| 5 |
CL
CRCM LP
San Francisco,
California
|
-$230K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Ameriprise
Minneapolis,
Minnesota
| – | +$70 | +4 | +400% |
|
LONG Hedge Fund Activity: Q1 2014 in Review
21 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in ELONG, INC. AMERICAN DEPOSITARY SHARES (LONG) for Q1 2014, worth a combined $35.2M — down 27% from $48.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new LONG positions and 5 closed out — a net gain of 1 holder — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $637K. The largest seller was J. Goldman & Co, cutting an estimated $2.53M.
- 21 institutional investors held ELONG, INC. AMERICAN DEPOSITARY SHARES (LONG) as of Q1 2014, up from 20 in Q4 2013.
- Funds reported $35.2M of ELONG, INC. AMERICAN DEPOSITARY SHARES stock for Q1 2014, down 27% quarter-over-quarter.
- 6 funds opened new ELONG, INC. AMERICAN DEPOSITARY SHARES positions in Q1 2014 and 5 closed out, a net change of +1 holder.
- The largest ELONG, INC. AMERICAN DEPOSITARY SHARES buyer in Q1 2014 was Wolverine Asset Management, an estimated $637K added.
- The largest ELONG, INC. AMERICAN DEPOSITARY SHARES seller in Q1 2014 was J. Goldman & Co, an estimated $2.53M sold.
Based on aggregated 13F filings for Q1 2014.