So-Young International
19 hedge funds and large institutions have $53.7M invested in So-Young International in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 16 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
4.2% less ownership
Funds ownership: 12.93% → 8.73% (-4.2%)
30% less funds holding
Funds holding: 27 → 19 (-8)
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
54% less capital invested
Capital invested by funds: $117M → $53.7M (-$63.2M)
66% less call options, than puts
Call options by funds: $97K | Put options by funds: $285K
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$6.52M |
| 2 |
FMI
Factory Mutual Insurance
Waltham,
Massachusetts
|
+$4.85M |
| 3 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$3.19M |
| 4 |
TAMH
Taikang Asset Management (HK)
Hong Kong
|
+$2.56M |
| 5 |
LOAME
Lombard Odier Asset Management (Europe)
London,
United Kingdom
|
+$371K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$15.9M |
| 2 |
BAM
Brilliance Asset Management
Admiralty, Hong Kong,
Hong Kong
|
-$10.4M |
| 3 |
YRHAM
Yong Rong (HK) Asset Management
Sheung Wan,
Hong Kong
|
-$7.25M |
| 4 |
EIM
Elephas Investment Management
Hong Kong
|
-$5.5M |
| 5 |
Millennium Management
New York
|
-$5.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citadel Advisors
Miami,
Florida
| – | -$628K | -45,142 | Closed |
|
|
DIM
27
DC Investments Management
Mclean,
Virginia
| – | -$458K | -32,968 | Closed |
|
|
MWA
28
Marshall Wace Asia
Central,
Hong Kong
| – | -$405K | -29,154 | Closed |
|
|
GCP
29
GSA Capital Partners
London,
United Kingdom
| – | -$385K | -27,700 | Closed |
|
|
CS
30
Credit Suisse
Zurich,
Switzerland
| – | -$325K | -23,407 | Closed |
|
31
Jane Street
New York
| – | -$144K | -10,378 | Closed |
|
|
NIT
32
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$65K | -4,700 | Closed |
|
33
UBS Group
Zurich,
Switzerland
| – | -$19K | -1,334 | Closed |
|
34
Bank of America
Charlotte,
North Carolina
| – | +$148 | +11 | New |
|
35
Group One Trading
Chicago,
Illinois
| – | +$714 | +53 | New |
|
SY Hedge Fund Activity: Q3 2019 in Review
19 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in So-Young International (SY) for Q3 2019, worth a combined $53.7M — down 54% from $117M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SY and 8 opened new positions — a net loss of 8 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Allianz Asset Management, adding an estimated $6.52M. The largest seller was BlackRock, cutting an estimated $15.9M.
- 19 institutional investors held So-Young International (SY) as of Q3 2019, down from 27 in Q2 2019.
- Funds reported $53.7M of So-Young International stock for Q3 2019, down 54% quarter-over-quarter.
- 8 funds opened new So-Young International positions in Q3 2019 and 16 closed out, a net change of -8 holders.
- The largest So-Young International buyer in Q3 2019 was Allianz Asset Management, an estimated $6.52M added.
- The largest So-Young International seller in Q3 2019 was BlackRock, an estimated $15.9M sold.
Based on aggregated 13F filings for Q3 2019.