New Positions
8 managers initiated
Top five by reported value
- JANE STREET GROUP, LLC$31.4K
- TWO SIGMA SECURITIES, LLC$25.7K
- Verdad Advisers, LP$13.6K
- CITIGROUP INC$1.3K
- HRT FINANCIAL LP$23
Tuniu Corporation NCM:TOUR
Institutional holders, quarter-over-quarter share deltas, and new and closed positions disclosed in Form 13F. Period 2025-12-31 · prior 2025-09-30.
8 new6 added10 reduced2 exited
Total Institutional Holders
24
as of 2025-12-31
Top Holder
MORGAN STANLEY
$3.0M
Largest QoQ Increase
MORGAN STANLEY
+1,408,309 sh
Largest QoQ Decrease
GOLDMAN SACHS GROUP INC
-235,082 sh
New Positions(8)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| JANE STREET GROUP, LLC | 50,564 | +50,564 | $31.4K | +$31.4K | — |
| TWO SIGMA SECURITIES, LLC | 41,468 | +41,468 | $25.7K | +$25.7K | — |
| Verdad Advisers, LP | 22,004 | +22,004 | $13.6K | +$13.6K | — |
| CITIGROUP INC | 2,059 | +2,059 | $1.3K | +$1.3K | — |
| HRT FINANCIAL LP | 38,018 | +38,018 | $23 | +$23 | — |
| GSA CAPITAL PARTNERS LLP | 20,598 | +20,598 | $13 | +$13 | — |
| Virtu Financial LLC | 12,014 | +12,014 | $7 | +$7 | — |
| JPMORGAN CHASE & CO | 9 | +9 | $6 | +$6 | — |
Added To(6)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| MORGAN STANLEY | 4,894,748 | +1,408,309 | $3.0M | -$285.4K | 40.4% |
| UBS Group AG | 2,160,555 | +900,642 | $1.3M | +$140.1K | 71.5% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 42,496 | +31,617 | $26.3K | +$16.0K | 290.6% |
| BNP PARIBAS ARBITRAGE, SNC | 45,256 | +9,782 | $28.1K | -$5.7K | 27.6% |
| SIMPLEX TRADING, LLC | 1,915 | +1,698 | $1.2K | +$1.2K | 782.5% |
| ACADIAN ASSET MANAGEMENT LLC | 268,047 | +4,389 | $162 | -$82 | 1.7% |
Reduced(10)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| GOLDMAN SACHS GROUP INC | 1,275,160 | -235,082 | $790.6K | -$647.6K | -15.6% |
| CITADEL ADVISORS LLC | 375,055 | -166,823 | $232.5K | -$283.5K | -30.8% |
| BANK OF AMERICA CORP /DE/ | 476,940 | 0 | $295.7K | -$158.3K | 0.0% |
| Yiheng Capital Management, L.P. | 314,437 | 0 | $195.0K | -$104.5K | 0.0% |
| RENAISSANCE TECHNOLOGIES LLC | 168,230 | -3,500 | $104.3K | -$59.2K | -2.0% |
| DIMENSIONAL FUND ADVISORS LP | 145,016 | -9,866 | $90.7K | -$56.8K | -6.4% |
| XTX Topco Ltd | 12,862 | -48,931 | $8.0K | -$50.9K | -79.2% |
| GEODE CAPITAL MANAGEMENT, LLC | 24,726 | 0 | $15.3K | -$8.2K | 0.0% |
| RHUMBLINE ADVISERS | 15,942 | -3,065 | $9.9K | -$8.2K | -16.1% |
| Lido Advisors, LLC | 18,534 | 0 | $17.6K | $0 | 0.0% |
Sold Out(2)
| Manager | Shares | Δ Shares | Value | Δ Value | % Δ |
|---|---|---|---|---|---|
| EverSource Wealth Advisors, LLC | 0 | -2,216 | $0 | -$2.1K | — |
| Royal Bank of Canada | 0 | -100 | $0 | $0 | — |
Top Holders by reported value
Ranked by the dollar value reported on the latest Form 13F. Share counts reflect long positions as of 2025-12-31.
| Manager | Shares | $ Value | Δ Shares | QoQ % |
|---|---|---|---|---|
| MORGAN STANLEY | 4,894,748 | $3.0M | +1,408,309 | 40.4% |
| UBS Group AG | 2,160,555 | $1.3M | +900,642 | 71.5% |
| GOLDMAN SACHS GROUP INC | 1,275,160 | $790.6K | -235,082 | -15.6% |
| BANK OF AMERICA CORP /DE/ | 476,940 | $295.7K | 0 | 0.0% |
| CITADEL ADVISORS LLC | 375,055 | $232.5K | -166,823 | -30.8% |
| Yiheng Capital Management, L.P. | 314,437 | $195.0K | 0 | 0.0% |
| RENAISSANCE TECHNOLOGIES LLC | 168,230 | $104.3K | -3,500 | -2.0% |
| DIMENSIONAL FUND ADVISORS LP | 145,016 | $90.7K | -9,866 | -6.4% |
| JANE STREET GROUP, LLC | 50,564 | $31.4K | +50,564 | — |
| BNP PARIBAS ARBITRAGE, SNC | 45,256 | $28.1K | +9,782 | 27.6% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 42,496 | $26.3K | +31,617 | 290.6% |
| TWO SIGMA SECURITIES, LLC | 41,468 | $25.7K | +41,468 | — |
| Lido Advisors, LLC | 18,534 | $17.6K | 0 | 0.0% |
| GEODE CAPITAL MANAGEMENT, LLC | 24,726 | $15.3K | 0 | 0.0% |
| Verdad Advisers, LP | 22,004 | $13.6K | +22,004 | — |
| RHUMBLINE ADVISERS | 15,942 | $9.9K | -3,065 | -16.1% |
| XTX Topco Ltd | 12,862 | $8.0K | -48,931 | -79.2% |
| CITIGROUP INC | 2,059 | $1.3K | +2,059 | — |
| SIMPLEX TRADING, LLC | 1,915 | $1.2K | +1,698 | 782.5% |
| ACADIAN ASSET MANAGEMENT LLC | 268,047 | $162 | +4,389 | 1.7% |
New & Closed Positions this quarter
Closed Positions
2 managers exited
Top five by prior-quarter value
Methodology
Form 13F is the SEC's quarterly disclosure for institutional investment managers exercising discretion over $100 million or more in qualifying U.S. equity securities. Managers must file within 45 days of each calendar quarter end, which is why holdings shown here reflect a snapshot at the period date — not real-time positioning.
Quarter-over-quarter deltas compare each manager's most recently reported share count for TOUR against its prior-quarter count. New positions are entries where the prior count was zero; closed positions are entries where the current count is zero. Amendments (13F-HR/A) replace prior filings for the same period.
Source: SEC EDGAR Form 13F (XML information tables). Dollar values are as reported by the manager and may use mid-quarter pricing conventions. CUSIP-to-ticker resolution is best-effort.