ELONG, INC. AMERICAN DEPOSITARY SHARES
LONG
LONG was delisted on the 31st of May, 2016.
17 hedge funds and large institutions have $52.2M invested in ELONG, INC. AMERICAN DEPOSITARY SHARES in 2014 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
4% more capital invested
Capital invested by funds: $50.4M → $52.2M (+$1.87M)
15% less funds holding
Funds holding: 20 → 17 (-3)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$16M |
| 2 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$4.05M |
| 3 |
QF
QVT Financial
New York
|
+$2.32M |
| 4 |
TCM
TCS Capital Management
New York
|
+$1.92M |
| 5 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
-$10.7M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$5.21M |
| 3 |
Renaissance Technologies
New York
|
-$648K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$178K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$119K |
LONG Hedge Fund Activity: Q4 2014 in Review
17 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in ELONG, INC. AMERICAN DEPOSITARY SHARES (LONG) for Q4 2014, worth a combined $52.2M — up 3.7% from $50.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of LONG and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 5 added.
The largest buyer was PAR Capital Management, opening a new position worth an estimated $16M. The largest seller was JAT Capital Management LP (Connecticut), exiting entirely with an estimated $10.7M sold.
- 17 institutional investors held ELONG, INC. AMERICAN DEPOSITARY SHARES (LONG) as of Q4 2014, down from 20 in Q3 2014.
- Funds reported $52.2M of ELONG, INC. AMERICAN DEPOSITARY SHARES stock for Q4 2014, up 3.7% quarter-over-quarter.
- 2 funds opened new ELONG, INC. AMERICAN DEPOSITARY SHARES positions in Q4 2014 and 3 closed out, a net change of -1 holder.
- The largest ELONG, INC. AMERICAN DEPOSITARY SHARES buyer in Q4 2014 was PAR Capital Management, an estimated $16M added.
- The largest ELONG, INC. AMERICAN DEPOSITARY SHARES seller in Q4 2014 was JAT Capital Management LP (Connecticut), an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2014.