Tuniu
TOUR
54 hedge funds and large institutions have $994M invested in Tuniu in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 6 reducing their positions, and 8 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 6
328% more call options, than puts
Call options by funds: $1.17M | Put options by funds: $274K
108% more capital invested
Capital invested by funds: $478M → $994M (+$516M)
0.05% more ownership
Funds ownership: 4.75% → 4.8% (+0.05%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
2% less funds holding
Funds holding: 55 → 54 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.56M |
| 2 |
Renaissance Technologies
New York
|
+$3.53M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$2.57M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.51M |
| 5 |
YCM
Yiheng Capital Management
San Francisco,
California
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Serenity Capital
Palo Alto,
California
|
-$8.28M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$2.86M |
| 3 |
JP Morgan Chase
New York
|
-$1.75M |
| 4 |
SPM
Symmetry Peak Management
Radnor,
Pennsylvania
|
-$411K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$234K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $7K | +$6.33K | +81 | +810% |
|
|
PA
52
Parallel Advisors
San Francisco,
California
| $6K | +$3.99K | +51 | +213% |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$313 | +4 | +27% |
|
54
BNP Paribas Financial Markets
Paris,
France
| $453 | – | – | – |
|
|
SC
55
Serenity Capital
Palo Alto,
California
| – | -$8.28M | -105,907 | Closed |
|
|
LCM
56
Laurion Capital Management
New York
| – | -$2.86M | -36,532 | Closed |
|
|
SPM
57
Symmetry Peak Management
Radnor,
Pennsylvania
| – | -$411K | -5,250 | Closed |
|
|
58
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$234K | -2,993 | Closed |
|
59
Simplex Trading
Chicago,
Illinois
| – | -$177K | -2,261 | Closed |
|
|
PG
60
PEAK6 Group
Chicago,
Illinois
| – | -$156K | -1,996 | Closed |
|
|
PCM
61
Prelude Capital Management
New York
| – | -$79K | -1,010 | Closed |
|
|
CG
62
Cutler Group
San Francisco,
California
| – | -$34.6K | -442 | Closed |
|
TOUR Hedge Fund Activity: Q4 2017 in Review
54 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Tuniu (TOUR) for Q4 2017, worth a combined $994M — up 108% from $478M a quarter earlier.
Fund positioning in TOUR was balanced in Q4 2017: 8 funds opened new positions, 8 closed out, 27 added to existing stakes and 6 trimmed.
The largest buyer was Millennium Management, adding an estimated $3.56M. The largest seller was Serenity Capital, exiting entirely with an estimated $8.28M sold.
- 54 institutional investors held Tuniu (TOUR) as of Q4 2017, down from 55 in Q3 2017.
- Funds reported $994M of Tuniu stock for Q4 2017, up 108% quarter-over-quarter.
- 8 funds opened new Tuniu positions in Q4 2017 and 8 closed out, a net change of 0 holders.
- The largest Tuniu buyer in Q4 2017 was Millennium Management, an estimated $3.56M added.
- The largest Tuniu seller in Q4 2017 was Serenity Capital, an estimated $8.28M sold.
Based on aggregated 13F filings for Q4 2017.