Tuniu
TOUR
16 hedge funds and large institutions have $84.6M invested in Tuniu in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 9 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
0% more funds holding
Funds holding: 16 → 16 (0)
0% less call options, than puts
Call options by funds: $473K | Put options by funds: $474K
4% less capital invested
Capital invested by funds: $88.6M → $84.6M (-$3.98M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.3M |
| 2 |
PCM
Prime Capital Management
Hong Kong
|
+$3.15M |
| 3 |
Citigroup
New York
|
+$1.23M |
| 4 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$688K |
| 5 |
GH
GAM Holding
Zurich,
Switzerland
|
+$463K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
SRS Investment Management
New York
|
-$3.61M |
| 2 |
PHK
Point72 Hong Kong
Hong Kong
|
-$2.57M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$1.6M |
| 4 |
MICM
Matthews International Capital Management
San Francisco,
California
|
-$1.51M |
| 5 |
ARTA
A.R.T. Advisors
New York
|
-$598K |
TOUR Hedge Fund Activity: Q4 2014 in Review
16 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Tuniu (TOUR) for Q4 2014, worth a combined $84.6M — down 4.5% from $88.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TOUR positions and 9 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.3M. The largest seller was SRS Investment Management, exiting entirely with an estimated $3.61M sold.
- 16 institutional investors held Tuniu (TOUR) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $84.6M of Tuniu stock for Q4 2014, down 4.5% quarter-over-quarter.
- 10 funds opened new Tuniu positions in Q4 2014 and 9 closed out, a net change of +1 holder.
- The largest Tuniu buyer in Q4 2014 was Morgan Stanley, an estimated $11.3M added.
- The largest Tuniu seller in Q4 2014 was SRS Investment Management, an estimated $3.61M sold.
Based on aggregated 13F filings for Q4 2014.