Fosun International LTD Holding in Sina Corp (SINA) Increased by $44.11 Million

Investors sentiment decreased to 1.17 in 2018 Q2. Its down 0.42, from 1.59 in 2018Q1. It turned negative, as 33 investors sold SINA shares while 57 reduced holdings. 28 funds opened positions while 77 raised stakes. 43.45 million shares or 0.22% less from 43.54 million shares in 2018Q1 were reported. Rmb Cap Ltd Liability invested in 0.09% or 46,098 shares. Eqis Mngmt Inc holds 0.1% or 19,634 shares in its portfolio. Huntington Commercial Bank holds 0% of its portfolio in SINA Corporation (NASDAQ:SINA) for 57 shares. Css Ltd Liability Com Il invested 1.05% in SINA Corporation (NASDAQ:SINA). Arrowstreet Capital Ltd Partnership has 0.01% invested in SINA Corporation (NASDAQ:SINA). Stevens Lp has 55,649 shares for 0.17% of their portfolio. Wells Fargo & Mn owns 2.34M shares or 0.06% of their US portfolio. Tennessee-based Ftb Advisors Inc has invested 0% in SINA Corporation (NASDAQ:SINA). Apg Asset Management Nv holds 0% or 20,400 shares in its portfolio. First Tru Lp owns 30,589 shares. First Manhattan, a New York-based fund reported 107,896 shares. Barclays Public Ltd Company invested in 83,410 shares or 0.01% of the stock. Blackrock Inc stated it has 5.44 million shares or 0.02% of all its holdings. Jane Street Grp Ltd reported 9,584 shares. The Pennsylvania-based Susquehanna Intll Ltd Liability Partnership has invested 0.09% in SINA Corporation (NASDAQ:SINA).

Fosun International Ltd increased its stake in Sina Corp (SINA) by 45.6% based on its latest 2018Q2 regulatory filing with the SEC. Fosun International Ltd bought 525,142 shares as the company’s stock declined 30.94% while stock markets rallied. The institutional investor held 1.68 million shares of the prepackaged software company at the end of 2018Q2, valued at $142.01M, up from 1.15 million at the end of the previous reported quarter. Fosun International Ltd who had been investing in Sina Corp for a number of months, seems to be bullish on the $4.63B market cap company. The stock increased 3.47% or $2.17 during the last trading session, reaching $64.77. About 652,647 shares traded. SINA Corporation (NASDAQ:SINA) has declined 43.87% since December 2, 2017 and is downtrending. It has underperformed by 59.49% the S&P500.

More notable recent SINA Corporation (NASDAQ:SINA) news were published by: Benzinga.com which released: “SINA Reports Third Quarter 2018 Unaudited Financial Results – Benzinga” on November 28, 2018, also Seekingalpha.com with their article: “Weibo: Social Commerce Will Drive Growth – Seeking Alpha” published on November 26, 2018, Nasdaq.com published: “Why SINA Corp. Stock Fell 10% Today – Nasdaq” on May 09, 2018. More interesting news about SINA Corporation (NASDAQ:SINA) were released by: Seekingalpha.com and their article: “Sina Corp.: An Opportunity In The U.S.-China Trade War – Seeking Alpha” published on September 26, 2018 as well as Schaeffersresearch.com‘s news article titled: “2 Chinese Stocks Popping After Earnings – Schaeffers Research” with publication date: November 28, 2018.

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