So-Young International
40 hedge funds and large institutions have $147M invested in So-Young International in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 21 closing their positions.
224% more call options, than puts
Call options by funds: $2.36M | Put options by funds: $728K
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
25.95% less ownership
Funds ownership: 47.62% → 21.66% (-26%)
30% less capital invested
Capital invested by funds: $208M → $147M (-$61.7M)
31% less funds holding
Funds holding: 58 → 40 (-18)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
81% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$6.02M |
| 2 |
EIM
Elephas Investment Management
Hong Kong
|
+$1.39M |
| 3 |
Barclays
London,
United Kingdom
|
+$1.08M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$842K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$820K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAMH
Greenwoods Asset Management (HK)
Hong Kong
|
-$10.5M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$7.43M |
| 3 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
-$6.26M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$4.43M |
| 5 |
CAM
CIF Asset Management
Hong Kong
|
-$1.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JF
51
Jump Financial
Chicago,
Illinois
| – | -$115K | -11,700 | Closed |
|
52
Group One Trading
Chicago,
Illinois
| – | -$34.9K | -3,787 | Closed |
|
53
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$32K | -3,326 | Closed |
|
|
QT
54
Quantbot Technologies
New York
| – | -$22K | -2,241 | Closed |
|
55
Acadian Asset Management
Boston,
Massachusetts
| – | -$21K | -2,124 | Closed |
|
56
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$20K | -2,000 | Closed |
|
57
Schroder Investment Management Group
London,
United Kingdom
| – | -$6K | -600 | Closed |
|
58
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -197 | Closed |
|
|
TFA
59
Toth Financial Advisory
Leesburg,
Virginia
| – | -$1K | -100 | Closed |
|
|
IA
60
IFP Advisors
Tampa,
Florida
| – | -$184 | -20 | Closed |
|
61
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$442 | +48 | New |
|
SY Hedge Fund Activity: Q2 2021 in Review
40 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in So-Young International (SY) for Q2 2021, worth a combined $147M — down 30% from $208M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SY and 4 opened new positions — a net loss of 17 holders — while 17 trimmed existing stakes and 13 added.
The largest buyer was Millennium Management, adding an estimated $6.02M. The largest seller was Greenwoods Asset Management (HK), cutting an estimated $10.5M.
- 40 institutional investors held So-Young International (SY) as of Q2 2021, down from 58 in Q1 2021.
- Funds reported $147M of So-Young International stock for Q2 2021, down 30% quarter-over-quarter.
- 4 funds opened new So-Young International positions in Q2 2021 and 21 closed out, a net change of -17 holders.
- The largest So-Young International buyer in Q2 2021 was Millennium Management, an estimated $6.02M added.
- The largest So-Young International seller in Q2 2021 was Greenwoods Asset Management (HK), an estimated $10.5M sold.
Based on aggregated 13F filings for Q2 2021.