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SY

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.

New
Increased
Maintained
Reduced
Closed

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: 3743 (+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: 21 (-1)

Holders
43
Holders Change
+6
Holders Change %
+16.22%
% of All Funds
0.88%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
18
Increased
13
Reduced
7
Closed
12
Calls
$174K
Puts
$168K
Net Calls
+$6K
Net Calls Change
+$856K
Name Holding Trade Value Shares
Change
Change in
Stake
First Manhattan
1
First Manhattan
New York
$58.4M +$24.2M +2,287,901 +114%
TAA
2
TB Alternative Assets
Cayman Islands
$25.5M
Bank of America
3
Bank of America
North Carolina
$19.5M +$1.99M +188,594 +15%
Vanguard Group
4
Vanguard Group
Pennsylvania
$16.4M +$2.37M +224,501 +23%
Arrowstreet Capital
5
Arrowstreet Capital
Massachusetts
$8.51M +$6.63M +626,808 New
Allianz Asset Management
6
Allianz Asset Management
Germany
$7.86M -$3.25M -307,650 -35%
KFA
7
Krane Funds Advisors
New York
$7.65M -$3.26M -308,784 -35%
Morgan Stanley
8
Morgan Stanley
New York
$7.56M +$5.89M +557,060 New
Fidelity Investments
9
Fidelity Investments
Massachusetts
$7.55M +$244K +23,100 +4%
Norges Bank
10
Norges Bank
Norway
$6.1M +$1.87M +177,304 +65%
FMI
11
Factory Mutual Insurance
Massachusetts
$4.71M
Citigroup
12
Citigroup
New York
$3.58M +$634K +60,000 +29%
Renaissance Technologies
13
Renaissance Technologies
New York
$2.95M -$35.9K -3,400 -2%
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$2.95M +$1.31M +124,157 +134%
Deutsche Bank
15
Deutsche Bank
Germany
$2.73M +$2.13M +201,409 New
PCM
16
Penserra Capital Management
California
$1.46M +$207K +19,582 +22%
Two Sigma Advisers
17
Two Sigma Advisers
New York
$1.35M +$70.8K +6,700 +7%
California Public Employees Retirement System
18
California Public Employees Retirement System
California
$1.25M +$206K +19,530 +27%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$1.21M +$944K +89,256 New
Two Sigma Investments
20
Two Sigma Investments
New York
$1.09M +$853K +80,687 New
QC
21
Quadrature Capital
United Kingdom
$930K +$725K +68,540 New
SFI
22
Susquehanna Fundamental Investments
Pennsylvania
$634K +$494K +46,755 New
Invesco
23
Invesco
Georgia
$560K +$303K +28,630 +227%
GAM
24
Greenwoods Asset Management
Cayman Islands
$537K
Marshall Wace
25
Marshall Wace
United Kingdom
$515K +$401K +37,892 New

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.