Tuniu
TOUR
46 hedge funds and large institutions have $253M invested in Tuniu in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 16 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
27% more capital invested
Capital invested by funds: $199M → $253M (+$53.8M)
1.07% more ownership
Funds ownership: 0% → 1.07% (+1.1%)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
19% less funds holding
Funds holding: 57 → 46 (-11)
69% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 16
86% less call options, than puts
Call options by funds: $156K | Put options by funds: $1.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.94M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$453K |
| 3 |
TC
Tairen Capital
Hong Kong
|
+$296K |
| 4 |
PA
Pinnacle Associates
New York
|
+$224K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.82M |
| 2 |
JP Morgan Chase
New York
|
-$2.92M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.26M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$870K |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$867K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EDRH
51
Edmond de Rothschild Holding
Chambesy,
Switzerland
| – | -$504K | -4,980 | Closed |
|
52
Wellington Management Group
Boston,
Massachusetts
| – | -$371K | -3,662 | Closed |
|
|
CS
53
Credit Suisse
Zurich,
Switzerland
| – | -$365K | -3,614 | Closed |
|
|
TI
54
Trexquant Investment
Stamford,
Connecticut
| – | -$281K | -2,774 | Closed |
|
55
Millennium Management
New York
| – | -$149K | -1,471 | Closed |
|
|
PCM
56
Penserra Capital Management
Orinda,
California
| – | -$119K | -1,176 | Closed |
|
57
SG Americas Securities
New York
| – | -$115K | -1,135 | Closed |
|
58
Barclays
London,
United Kingdom
| – | -$44K | -442 | Closed |
|
|
MFS
59
MSI Financial Services
Springfield,
Massachusetts
| – | -$5K | -49 | Closed |
|
60
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -12 | Closed |
|
|
FTUS
61
Flow Traders U.S.
New York
| – | -$1K | -10 | Closed |
|
62
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -6 | Closed |
|
TOUR Hedge Fund Activity: Q4 2016 in Review
46 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Tuniu (TOUR) for Q4 2016, worth a combined $253M — up 27% from $199M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TOUR and 5 opened new positions — a net loss of 11 holders — while 15 trimmed existing stakes and 16 added.
The largest buyer was Morgan Stanley, adding an estimated $1.94M. The largest seller was Manulife (Manufacturers Life Insurance), exiting entirely with an estimated $3.82M sold.
- 46 institutional investors held Tuniu (TOUR) as of Q4 2016, down from 57 in Q3 2016.
- Funds reported $253M of Tuniu stock for Q4 2016, up 27% quarter-over-quarter.
- 5 funds opened new Tuniu positions in Q4 2016 and 16 closed out, a net change of -11 holders.
- The largest Tuniu buyer in Q4 2016 was Morgan Stanley, an estimated $1.94M added.
- The largest Tuniu seller in Q4 2016 was Manulife (Manufacturers Life Insurance), an estimated $3.82M sold.
Based on aggregated 13F filings for Q4 2016.