Tuniu
TOUR
48 hedge funds and large institutions have $537M invested in Tuniu in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 5 closing their positions.
112% more capital invested
Capital invested by funds: $253M → $537M (+$284M)
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
4% more funds holding
Funds holding: 46 → 48 (+2)
3.69% more ownership
Funds ownership: 1.07% → 4.77% (+3.7%)
48% less call options, than puts
Call options by funds: $482K | Put options by funds: $924K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.28M |
| 2 |
BlackRock
New York
|
+$4.08M |
| 3 |
Millennium Management
New York
|
+$1.51M |
| 4 |
Renaissance Technologies
New York
|
+$743K |
| 5 |
D.E. Shaw & Co
New York
|
+$387K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$9.45M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.55M |
| 3 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$963K |
| 4 |
MICM
Matthews International Capital Management
San Francisco,
California
|
-$389K |
| 5 |
GAM
Greenwoods Asset Management
Grand Cayman,
Cayman Islands
|
-$244K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MICM
51
Matthews International Capital Management
San Francisco,
California
| – | -$389K | -4,450 | Closed |
|
|
CG
52
Cutler Group
San Francisco,
California
| – | -$17.2K | -196 | Closed |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$176 | +2 | New |
|
TOUR Hedge Fund Activity: Q1 2017 in Review
48 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Tuniu (TOUR) for Q1 2017, worth a combined $537M — up 112% from $253M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TOUR positions and 5 closed out — a net gain of 5 holders — while 16 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.28M. The largest seller was JP Morgan Chase, cutting an estimated $9.45M.
- 48 institutional investors held Tuniu (TOUR) as of Q1 2017, up from 46 in Q4 2016.
- Funds reported $537M of Tuniu stock for Q1 2017, up 112% quarter-over-quarter.
- 10 funds opened new Tuniu positions in Q1 2017 and 5 closed out, a net change of +5 holders.
- The largest Tuniu buyer in Q1 2017 was Morgan Stanley, an estimated $5.28M added.
- The largest Tuniu seller in Q1 2017 was JP Morgan Chase, an estimated $9.45M sold.
Based on aggregated 13F filings for Q1 2017.