So-Young International
37 hedge funds and large institutions have $220M invested in So-Young International in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 15 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 7
13% more capital invested
Capital invested by funds: $195M → $220M (+$25.2M)
4.82% more ownership
Funds ownership: 20.58% → 25.39% (+4.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less funds holding
Funds holding: 43 → 37 (-6)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
99% less call options, than puts
Call options by funds: $6K | Put options by funds: $498K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Greenwoods Asset Management
Grand Cayman,
Cayman Islands
|
+$49.1M |
| 2 |
BS
Banco Santander
Madrid,
Spain
|
+$16.4M |
| 3 |
Renaissance Technologies
New York
|
+$3.62M |
| 4 |
Millennium Management
New York
|
+$2.2M |
| 5 |
PCM
Prelude Capital Management
New York
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$7.86M |
| 2 |
KFA
Krane Funds Advisors
New York
|
-$7.65M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.71M |
| 4 |
FMI
Factory Mutual Insurance
Waltham,
Massachusetts
|
-$4.71M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FC
51
FORA Capital
Miami,
Florida
| – | -$43K | -3,184 | Closed |
|
52
UBS Group
Zurich,
Switzerland
| – | -$19.5K | -1,501 | -98% |
|
SY Hedge Fund Activity: Q3 2020 in Review
37 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in So-Young International (SY) for Q3 2020, worth a combined $220M — up 13% from $195M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SY and 9 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 15 added.
The largest buyer was Greenwoods Asset Management, adding an estimated $49.1M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $7.86M sold.
- 37 institutional investors held So-Young International (SY) as of Q3 2020, down from 43 in Q2 2020.
- Funds reported $220M of So-Young International stock for Q3 2020, up 13% quarter-over-quarter.
- 9 funds opened new So-Young International positions in Q3 2020 and 15 closed out, a net change of -6 holders.
- The largest So-Young International buyer in Q3 2020 was Greenwoods Asset Management, an estimated $49.1M added.
- The largest So-Young International seller in Q3 2020 was Allianz Asset Management, an estimated $7.86M sold.
Based on aggregated 13F filings for Q3 2020.