Tuniu
TOUR
31 hedge funds and large institutions have $89.1M invested in Tuniu in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 8 closing their positions.
0.24% less ownership
Funds ownership: 0.76% → 0.52% (-0.24%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
18% less funds holding
Funds holding: 38 → 31 (-7)
55% less capital invested
Capital invested by funds: $197M → $89.1M (-$107M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $179K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yiheng Capital Management
San Francisco,
California
|
+$8.45M |
| 2 |
BlackRock
New York
|
+$362K |
| 3 |
D.E. Shaw & Co
New York
|
+$314K |
| 4 |
Renaissance Technologies
New York
|
+$243K |
| 5 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$83.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KFA
Krane Funds Advisors
New York
|
-$3.08M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.44M |
| 3 |
AG
Aperio Group
Sausalito,
California
|
-$233K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$204K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$184K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $4K | – | – | – |
|
|
PA
27
Parallel Advisors
San Francisco,
California
| $4K | +$3.22K | +53 | +108% |
|
|
KFA
28
Krane Funds Advisors
New York
| $2.57K | -$3.08M | -50,698 | -49% |
|
29
Bank of America
Charlotte,
North Carolina
| $1K | -$8.26K | -136 | -84% |
|
30
BNP Paribas Financial Markets
Paris,
France
| $287 | – | – | – |
|
|
31
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1.44M | -20,087 | Closed |
|
|
AG
32
Aperio Group
Sausalito,
California
| – | -$233K | -3,240 | Closed |
|
|
33
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$204K | -2,837 | Closed |
|
|
SPM
34
Symmetry Peak Management
Radnor,
Pennsylvania
| – | -$180K | -2,500 | Closed |
|
|
PA
35
Profund Advisors
Bethesda,
Maryland
| – | -$91K | -1,270 | Closed |
|
36
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$64K | -890 | Closed |
|
37
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -37 | Closed |
|
38
Simplex Trading
Chicago,
Illinois
| – | -$2.13K | -35 | Closed |
|
|
GT
39
Glenmede Trust
Philadelphia,
Pennsylvania
| – | +$850 | +14 | New |
|
TOUR Hedge Fund Activity: Q4 2018 in Review
31 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Tuniu (TOUR) for Q4 2018, worth a combined $89.1M — down 55% from $197M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TOUR and 3 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Yiheng Capital Management, adding an estimated $8.45M. The largest seller was Krane Funds Advisors, cutting an estimated $3.08M.
- 31 institutional investors held Tuniu (TOUR) as of Q4 2018, down from 38 in Q3 2018.
- Funds reported $89.1M of Tuniu stock for Q4 2018, down 55% quarter-over-quarter.
- 3 funds opened new Tuniu positions in Q4 2018 and 8 closed out, a net change of -5 holders.
- The largest Tuniu buyer in Q4 2018 was Yiheng Capital Management, an estimated $8.45M added.
- The largest Tuniu seller in Q4 2018 was Krane Funds Advisors, an estimated $3.08M sold.
Based on aggregated 13F filings for Q4 2018.