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
Q3
Sell
-300,000
Closed -$5.24M 185
2020
Q2
$5.24M Buy
+300,000
New +$6.3M 0.27% 40

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.