So-Young International
43 hedge funds and large institutions have $195M invested in So-Young International in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 12 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
21% more capital invested
Capital invested by funds: $161M → $195M (+$33.1M)
16% more funds holding
Funds holding: 37 → 43 (+6)
4% more call options, than puts
Call options by funds: $174K | Put options by funds: $168K
3.09% less ownership
Funds ownership: 23.67% → 20.58% (-3.1%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
+$24.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.63M |
| 3 |
Morgan Stanley
New York
|
+$5.89M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.37M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Aspex Management (HK)
Central,
Hong Kong
|
-$19M |
| 2 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$18.7M |
| 3 |
CCM
Composite Capital Management
Hong Kong
|
-$15.4M |
| 4 |
KFA
Krane Funds Advisors
New York
|
-$3.26M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$3.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Northern Trust
Chicago,
Illinois
| – | -$229K | -22,453 | Closed |
|
52
Millennium Management
New York
| – | -$120K | -11,732 | Closed |
|
53
Legal & General Group
London,
United Kingdom
| – | -$69K | -6,699 | Closed |
|
54
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$49K | -4,800 | Closed |
|
SY Hedge Fund Activity: Q2 2020 in Review
43 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in So-Young International (SY) for Q2 2020, worth a combined $195M — up 21% from $161M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SY positions and 12 closed out — a net gain of 6 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was First Manhattan, adding an estimated $24.2M. The largest seller was Aspex Management (HK), exiting entirely with an estimated $19M sold.
- 43 institutional investors held So-Young International (SY) as of Q2 2020, up from 37 in Q1 2020.
- Funds reported $195M of So-Young International stock for Q2 2020, up 21% quarter-over-quarter.
- 18 funds opened new So-Young International positions in Q2 2020 and 12 closed out, a net change of +6 holders.
- The largest So-Young International buyer in Q2 2020 was First Manhattan, an estimated $24.2M added.
- The largest So-Young International seller in Q2 2020 was Aspex Management (HK), an estimated $19M sold.
Based on aggregated 13F filings for Q2 2020.