Tuniu
TOUR
45 hedge funds and large institutions have $176M invested in Tuniu in 2016 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 9 closing their positions.
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
29% more funds holding
Funds holding: 35 → 45 (+10)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
7% less call options, than puts
Call options by funds: $187K | Put options by funds: $200K
14% less capital invested
Capital invested by funds: $206M → $176M (-$29.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$11.6M |
| 2 |
Morgan Stanley
New York
|
+$8.14M |
| 3 |
Goldman Sachs
New York
|
+$2.32M |
| 4 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
+$1.44M |
| 5 |
YCM
Yiheng Capital Management
San Francisco,
California
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.18M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.65M |
| 3 |
SG Americas Securities
New York
|
-$2.76M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.31M |
| 5 |
GAM
Greenwoods Asset Management
Grand Cayman,
Cayman Islands
|
-$1.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
51
Profund Advisors
Bethesda,
Maryland
| – | -$125K | -1,200 | Closed |
|
52
UBS Group
Zurich,
Switzerland
| – | -$82K | -790 | Closed |
|
53
Bank of America
Charlotte,
North Carolina
| – | -$1K | -13 | Closed |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| – | -$1K | -10 | Closed |
|
TOUR Hedge Fund Activity: Q2 2016 in Review
45 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tuniu (TOUR) for Q2 2016, worth a combined $176M — down 14% from $206M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TOUR positions and 9 closed out — a net gain of 10 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $11.6M. The largest seller was Fidelity Investments, cutting an estimated $9.18M.
- 45 institutional investors held Tuniu (TOUR) as of Q2 2016, up from 35 in Q1 2016.
- Funds reported $176M of Tuniu stock for Q2 2016, down 14% quarter-over-quarter.
- 19 funds opened new Tuniu positions in Q2 2016 and 9 closed out, a net change of +10 holders.
- The largest Tuniu buyer in Q2 2016 was JP Morgan Chase, an estimated $11.6M added.
- The largest Tuniu seller in Q2 2016 was Fidelity Investments, an estimated $9.18M sold.
Based on aggregated 13F filings for Q2 2016.