ELONG, INC. AMERICAN DEPOSITARY SHARES
LONG
LONG was delisted on the 31st of May, 2016.
14 hedge funds and large institutions have $48.2M invested in ELONG, INC. AMERICAN DEPOSITARY SHARES in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 4 closing their positions.
8% less capital invested
Capital invested by funds: $52.2M → $48.2M (-$4.07M)
18% less funds holding
Funds holding: 17 → 14 (-3)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QF
QVT Financial
New York
|
+$4.24M |
| 2 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$4.03M |
| 3 |
TCM
TCS Capital Management
New York
|
+$173K |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$162K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$19.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$6.19M |
| 2 |
Renaissance Technologies
New York
|
-$1.81M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$299K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$276K |
| 5 |
PPCM
Pillar Pacific Capital Management
Pacifica,
California
|
-$245K |
LONG Hedge Fund Activity: Q1 2015 in Review
14 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in ELONG, INC. AMERICAN DEPOSITARY SHARES (LONG) for Q1 2015, worth a combined $48.2M — down 7.8% from $52.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of LONG and 1 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was QVT Financial, adding an estimated $4.24M. The largest seller was Capital World Investors, cutting an estimated $6.19M.
- 14 institutional investors held ELONG, INC. AMERICAN DEPOSITARY SHARES (LONG) as of Q1 2015, down from 17 in Q4 2014.
- Funds reported $48.2M of ELONG, INC. AMERICAN DEPOSITARY SHARES stock for Q1 2015, down 7.8% quarter-over-quarter.
- 1 fund opened new ELONG, INC. AMERICAN DEPOSITARY SHARES positions in Q1 2015 and 4 closed out, a net change of -3 holders.
- The largest ELONG, INC. AMERICAN DEPOSITARY SHARES buyer in Q1 2015 was QVT Financial, an estimated $4.24M added.
- The largest ELONG, INC. AMERICAN DEPOSITARY SHARES seller in Q1 2015 was Capital World Investors, an estimated $6.19M sold.
Based on aggregated 13F filings for Q1 2015.