Tuniu
TOUR
39 hedge funds and large institutions have $227M invested in Tuniu in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 17 closing their positions.
100% more call options, than puts
Call options by funds: $354K | Put options by funds: $177K
36% more capital invested
Capital invested by funds: $167M → $227M (+$60.6M)
0.02% less ownership
Funds ownership: 0.77% → 0.74% (-0.02%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
22% less funds holding
Funds holding: 50 → 39 (-11)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
65% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yiheng Capital Management
San Francisco,
California
|
+$9.32M |
| 2 |
KFA
Krane Funds Advisors
New York
|
+$5.39M |
| 3 |
SPM
Symmetry Peak Management
Radnor,
Pennsylvania
|
+$639K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$337K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.98M |
| 2 |
TAMH
Taikang Asset Management (HK)
Hong Kong
|
-$4.32M |
| 3 |
HIM
Hermes Investment Management
London Uk,
United Kingdom
|
-$2.81M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$2.56M |
| 5 |
Millennium Management
New York
|
-$1.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PG
51
PEAK6 Group
Chicago,
Illinois
| – | -$81K | -1,345 | Closed |
|
52
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$69.9K | -1,004 | Closed |
|
53
Parallax Volatility Advisers
San Francisco,
California
| – | -$53K | -881 | Closed |
|
54
Simplex Trading
Chicago,
Illinois
| – | -$15.9K | -229 | Closed |
|
|
PA
55
Parallel Advisors
San Francisco,
California
| – | -$5K | -75 | Closed |
|
56
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$2K | -28 | Closed |
|
TOUR Hedge Fund Activity: Q2 2018 in Review
39 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Tuniu (TOUR) for Q2 2018, worth a combined $227M — up 36% from $167M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TOUR and 6 opened new positions — a net loss of 11 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Yiheng Capital Management, adding an estimated $9.32M. The largest seller was Morgan Stanley, cutting an estimated $4.98M.
- 39 institutional investors held Tuniu (TOUR) as of Q2 2018, down from 50 in Q1 2018.
- Funds reported $227M of Tuniu stock for Q2 2018, up 36% quarter-over-quarter.
- 6 funds opened new Tuniu positions in Q2 2018 and 17 closed out, a net change of -11 holders.
- The largest Tuniu buyer in Q2 2018 was Yiheng Capital Management, an estimated $9.32M added.
- The largest Tuniu seller in Q2 2018 was Morgan Stanley, an estimated $4.98M sold.
Based on aggregated 13F filings for Q2 2018.