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SY

So-Young International

41 hedge funds and large institutions have $164M invested in So-Young International in 2019 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

440% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 5

206% more capital invested

Capital invested by funds: $53.7M → $164M (+$110M)

116% more funds holding

Funds holding: 1941 (+22)

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

11.43% more ownership

Funds ownership: 8.73%20.16% (+11%)

40% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 5

62% less call options, than puts

Call options by funds: $438K | Put options by funds: $1.15M

Holders
41
Holders Change
+22
Holders Change %
+115.79%
% of All Funds
0.81%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
27
Increased
3
Reduced
5
Closed
5
Calls
$438K
Puts
$1.15M
Net Calls
-$712K
Net Calls Change
-$524K
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
1
Composite Capital Management
Hong Kong
$30M +$27.2M +2,458,000 New
LSCM
2
Light Street Capital Management
California
$29M -$10.5M -946,887 -29%
AMH
3
Aspex Management (HK)
Hong Kong
$23.7M +$21.5M +1,941,216 New
TAA
4
TB Alternative Assets
Cayman Islands
$22.9M +$20.8M +1,877,863 New
Allianz Asset Management
5
Allianz Asset Management
Germany
$11.8M -$1.43M -129,462 -12%
KFA
6
Krane Funds Advisors
New York
$8.03M +$7.27M +656,950 New
Vanguard Group
7
Vanguard Group
Pennsylvania
$7.59M +$6.88M +621,180 New
Bank of America
8
Bank of America
North Carolina
$4.57M +$4.14M +374,205 +3,401,864%
FMI
9
Factory Mutual Insurance
Massachusetts
$4.4M
First Manhattan
10
First Manhattan
New York
$3.52M +$3.18M +287,670 New
Goldman Sachs
11
Goldman Sachs
New York
$3.06M +$2.78M +250,821 New
TAMH
12
Taikang Asset Management (HK)
Hong Kong
$2.33M
UOC
13
UBS O'Connor
Illinois
$1.82M -$410K -37,000 -20%
BlackRock
14
BlackRock
New York
$1.79M -$1.9M -172,048 -54%
Citigroup
15
Citigroup
New York
$1.65M +$1.49M +134,888 New
QF
16
QVT Financial
New York
$1.07M
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$926K +$839K +75,784 New
PCM
18
Penserra Capital Management
California
$909K +$826K +74,574 New
California Public Employees Retirement System
19
California Public Employees Retirement System
California
$875K +$793K +71,639 New
State Street
20
State Street
Massachusetts
$662K +$600K +54,200 New
Two Sigma Advisers
21
Two Sigma Advisers
New York
$629K +$570K +51,500 New
N
22
Nuveen
North Carolina
$576K +$521K +47,100 New
GAM
23
Greenwoods Asset Management
Cayman Islands
$483K
Two Sigma Investments
24
Two Sigma Investments
New York
$271K +$246K +22,202 New
Northern Trust
25
Northern Trust
Illinois
$223K +$201K +18,179 New

SY Hedge Fund Activity: Q4 2019 in Review

41 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in So-Young International (SY) for Q4 2019, worth a combined $164M — up 206% from $53.7M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new SY positions and 5 closed out — a net gain of 22 holders — while 3 added to existing stakes and 5 trimmed.

The largest buyer was TB Alternative Assets, opening a new position worth an estimated $20.8M. The largest seller was Light Street Capital Management, cutting an estimated $10.5M.

  • 41 institutional investors held So-Young International (SY) as of Q4 2019, up from 19 in Q3 2019.
  • Funds reported $164M of So-Young International stock for Q4 2019, up 206% quarter-over-quarter.
  • 27 funds opened new So-Young International positions in Q4 2019 and 5 closed out, a net change of +22 holders.
  • The largest So-Young International buyer in Q4 2019 was TB Alternative Assets, an estimated $20.8M added.
  • The largest So-Young International seller in Q4 2019 was Light Street Capital Management, an estimated $10.5M sold.

Based on aggregated 13F filings for Q4 2019.