Tuniu
TOUR
28 hedge funds and large institutions have $107M invested in Tuniu in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 8 closing their positions.
18% more capital invested
Capital invested by funds: $90.7M → $107M (+$16.1M)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 29 → 28 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
19% less call options, than puts
Call options by funds: $479K | Put options by funds: $593K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$19.4M |
| 2 |
PCM
Prime Capital Management
Hong Kong
|
+$13.4M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$7.43M |
| 4 |
Morgan Stanley
New York
|
+$1.55M |
| 5 |
SG Americas Securities
New York
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$3.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.79M |
| 3 |
CCM
Connective Capital Management
Palo Alto,
California
|
-$1.14M |
| 4 |
CAIMH
Central Asset Investments & Management Holdings
Hong Kong
|
-$820K |
| 5 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
-$563K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $8K | +$8.31K | +58 | +829% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $6K | +$6.73K | +47 | New |
|
|
28
Citadel Advisors
Miami,
Florida
| – | -$3.1M | -17,235 | Closed |
|
|
CCM
29
Connective Capital Management
Palo Alto,
California
| – | -$1.14M | -6,310 | Closed |
|
|
CAIMH
30
Central Asset Investments & Management Holdings
Hong Kong
| – | -$820K | -4,550 | Closed |
|
|
CS
31
Credit Suisse
Zurich,
Switzerland
| – | -$477K | -2,649 | Closed |
|
|
PG
32
PEAK6 Group
Chicago,
Illinois
| – | -$348K | -1,933 | Closed |
|
33
Jane Street
New York
| – | -$339K | -1,880 | Closed |
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$230K | -1,607 | Closed |
|
|
CSS
35
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$243K | -1,348 | Closed |
|
36
Citigroup
New York
| – | -$26.8K | -187 | -98% |
|
TOUR Hedge Fund Activity: Q3 2015 in Review
28 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Tuniu (TOUR) for Q3 2015, worth a combined $107M — up 18% from $90.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TOUR and 7 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 10 added.
The largest buyer was UBS Group, adding an estimated $19.4M. The largest seller was Citadel Advisors, exiting entirely with an estimated $3.1M sold.
- 28 institutional investors held Tuniu (TOUR) as of Q3 2015, down from 29 in Q2 2015.
- Funds reported $107M of Tuniu stock for Q3 2015, up 18% quarter-over-quarter.
- 7 funds opened new Tuniu positions in Q3 2015 and 8 closed out, a net change of -1 holder.
- The largest Tuniu buyer in Q3 2015 was UBS Group, an estimated $19.4M added.
- The largest Tuniu seller in Q3 2015 was Citadel Advisors, an estimated $3.1M sold.
Based on aggregated 13F filings for Q3 2015.