ELONG, INC. AMERICAN DEPOSITARY SHARES
LONG
LONG was delisted on the 31st of May, 2016.
23 hedge funds and large institutions have $65.6M invested in ELONG, INC. AMERICAN DEPOSITARY SHARES in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
38% more capital invested
Capital invested by funds: $47.6M → $65.6M (+$18M)
35% more funds holding
Funds holding: 17 → 23 (+6)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QF
QVT Financial
New York
|
+$7.91M |
| 2 |
JGC
J. Goldman & Co
New York
|
+$1.68M |
| 3 |
HVCM
HG Vora Capital Management
New York
|
+$1.6M |
| 4 |
CCM
Crestwood Capital Management
New York
|
+$1.5M |
| 5 |
AGM
Alpine Global Management
New York
|
+$995K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SAB Capital Management
New York
|
-$5.33M |
| 2 |
IAM
Integre Asset Management
New York
|
-$1.57M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$1.37M |
| 4 |
Renaissance Technologies
New York
|
-$320K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$258K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Renaissance Technologies
New York
| – | -$320K | -18,900 | Closed |
|
|
VKH
27
Virtu KCG Holdings
New York
| – | -$258K | -15,235 | Closed |
|
|
EDRAMF
28
Edmond de Rothschild Asset Management (France)
Paris,
France
| – | -$169K | -10,000 | Closed |
|
|
EDRH
29
Edmond de Rothschild Holding
Chambesy,
Switzerland
| – | -$169K | -10,000 | Closed |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$82K | -4,874 | Closed |
|
31
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -52 | Closed |
|
LONG Hedge Fund Activity: Q3 2015 in Review
23 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in ELONG, INC. AMERICAN DEPOSITARY SHARES (LONG) for Q3 2015, worth a combined $65.6M — up 38% from $47.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new LONG positions and 8 closed out — a net gain of 6 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was QVT Financial, opening a new position worth an estimated $7.91M. The largest seller was SAB Capital Management, exiting entirely with an estimated $5.33M sold.
- 23 institutional investors held ELONG, INC. AMERICAN DEPOSITARY SHARES (LONG) as of Q3 2015, up from 17 in Q2 2015.
- Funds reported $65.6M of ELONG, INC. AMERICAN DEPOSITARY SHARES stock for Q3 2015, up 38% quarter-over-quarter.
- 14 funds opened new ELONG, INC. AMERICAN DEPOSITARY SHARES positions in Q3 2015 and 8 closed out, a net change of +6 holders.
- The largest ELONG, INC. AMERICAN DEPOSITARY SHARES buyer in Q3 2015 was QVT Financial, an estimated $7.91M added.
- The largest ELONG, INC. AMERICAN DEPOSITARY SHARES seller in Q3 2015 was SAB Capital Management, an estimated $5.33M sold.
Based on aggregated 13F filings for Q3 2015.