Tuniu
TOUR
20 hedge funds and large institutions have $90.1M invested in Tuniu in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
25% more funds holding
Funds holding: 16 → 20 (+4)
6% more capital invested
Capital invested by funds: $84.6M → $90.1M (+$5.48M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $307K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.7M |
| 2 |
Bank of New York Mellon
New York
|
+$545K |
| 3 |
Millennium Management
New York
|
+$500K |
| 4 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
+$413K |
| 5 |
Mitsubishi UFJ Asset Management
Tokyo,
Japan
|
+$413K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.74M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.99M |
| 3 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
-$3.1M |
| 4 |
Goldman Sachs
New York
|
-$297K |
| 5 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
-$193K |
TOUR Hedge Fund Activity: Q1 2015 in Review
20 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Tuniu (TOUR) for Q1 2015, worth a combined $90.1M — up 6.5% from $84.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TOUR positions and 5 closed out — a net gain of 4 holders — while 2 added to existing stakes and 6 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $11.7M. The largest seller was Morgan Stanley, cutting an estimated $4.74M.
- 20 institutional investors held Tuniu (TOUR) as of Q1 2015, up from 16 in Q4 2014.
- Funds reported $90.1M of Tuniu stock for Q1 2015, up 6.5% quarter-over-quarter.
- 9 funds opened new Tuniu positions in Q1 2015 and 5 closed out, a net change of +4 holders.
- The largest Tuniu buyer in Q1 2015 was Fidelity Investments, an estimated $11.7M added.
- The largest Tuniu seller in Q1 2015 was Morgan Stanley, an estimated $4.74M sold.
Based on aggregated 13F filings for Q1 2015.