Granite Point Capital Management’s Hello Group MOMO Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2020
Q1
Sell
-85,000
Closed -$2.85M 91
2019
Q4
$2.85M Sell
85,000
-86,000
-50% -$3.06M 0.44% 29
2019
Q3
$5.3M Buy
171,000
+71,000
+71% +$2.41M 0.83% 10
2019
Q2
$3.58M Buy
+100,000
New +$3.33M 0.24% 32
2018
Q4
Sell
-50,500
Closed -$2.21M 113
2018
Q3
$2.21M Buy
50,500
+18,500
+58% +$809K 0.15% 56
2018
Q2
$1.39M Buy
32,000
+2,000
+7% +$83.1K 0.12% 58
2018
Q1
$1.12M Buy
+30,000
New +$955K 0.11% 54
2017
Q4
Sell
-32,700
Closed -$1.02M 107
2017
Q3
$1.02M Buy
+32,700
New +$1.3M 0.22% 55
2017
Q2
Sell
-30,000
Closed -$1.02M 104
2017
Q1
$1.02M Buy
+30,000
New +$800K 0.31% 45

Other funds holding MOMO

Granite Point Capital Management's MOMO Position: Q1 2020 in Review

Granite Point Capital Management sold out of Hello Group (MOMO) in Q1 2020, closing a stake of 85,000 shares — an estimated $2.85M sold.

Granite Point Capital Management first reported a position in MOMO in Q1 2017 and held it in 8 quarters. The position peaked at $5.3M in Q3 2019. 254 funds tracked by Wall St. Rank hold MOMO as of Q1 2020.

  • Granite Point Capital Management reported no remaining Hello Group position as of Q1 2020 after selling out during the quarter.
  • Granite Point Capital Management sold 85,000 Hello Group shares in Q1 2020, an estimated $2.85M.
  • Granite Point Capital Management first reported a position in Hello Group in Q1 2017 and held it in 8 quarters.
  • Granite Point Capital Management's Hello Group position peaked at $5.3M in Q3 2019.
  • 254 funds tracked by Wall St. Rank held Hello Group as of Q1 2020.

Based on Granite Point Capital Management's 13F filing for Q1 2020, filed 12 May 2020.