Despegar.com
DESP
DESP was delisted on the 15th of May, 2025.
106 hedge funds and large institutions have $497M invested in Despegar.com in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 35 increasing their positions, 27 reducing their positions, and 16 closing their positions.
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
36% more call options, than puts
Call options by funds: $1.28M | Put options by funds: $940K
30% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 27
20% more capital invested
Capital invested by funds: $416M → $497M (+$81.4M)
12% more funds holding
Funds holding: 95 → 106 (+11)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Blue Grotto Capital
Atlanta,
Georgia
|
+$16.6M |
| 2 |
SC
Sylebra Capital
Palo Alto,
California
|
+$11.3M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$9.48M |
| 4 |
Millennium Management
New York
|
+$8.12M |
| 5 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$4.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$29M |
| 2 |
APA
Arisaig Partners (Asia)
Singapore
|
-$19.6M |
| 3 |
Morgan Stanley
New York
|
-$13.3M |
| 4 |
FSC
Fourth Sail Capital
Camana Bay Grand Cayman,
Cayman Islands
|
-$13M |
| 5 |
MCM
Moerus Capital Management
New York
|
-$8.95M |
DESP Hedge Fund Activity: Q1 2024 in Review
106 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Despegar.com (DESP) for Q1 2024, worth a combined $497M — up 20% from $416M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new DESP positions and 16 closed out — a net gain of 12 holders — while 35 added to existing stakes and 27 trimmed.
The largest buyer was Blue Grotto Capital, opening a new position worth an estimated $16.6M. The largest seller was Canada Pension Plan Investment Board, exiting entirely with an estimated $29M sold.
- 106 institutional investors held Despegar.com (DESP) as of Q1 2024, up from 95 in Q4 2023.
- Funds reported $497M of Despegar.com stock for Q1 2024, up 20% quarter-over-quarter.
- 28 funds opened new Despegar.com positions in Q1 2024 and 16 closed out, a net change of +12 holders.
- The largest Despegar.com buyer in Q1 2024 was Blue Grotto Capital, an estimated $16.6M added.
- The largest Despegar.com seller in Q1 2024 was Canada Pension Plan Investment Board, an estimated $29M sold.
Based on aggregated 13F filings for Q1 2024.