Despegar.com
DESP
DESP was delisted on the 15th of May, 2025.
67 hedge funds and large institutions have $237M invested in Despegar.com in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 14 closing their positions.
1,789% more call options, than puts
Call options by funds: $869K | Put options by funds: $46K
25% more capital invested
Capital invested by funds: $189M → $237M (+$48.1M)
18% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 22
12% less funds holding
Funds holding: 76 → 67 (-9)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$6.61M |
| 2 |
MCM
Moerus Capital Management
New York
|
+$5.64M |
| 3 |
MVP
Medina Value Partners
Los Angeles,
California
|
+$4.92M |
| 4 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$2.85M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Cartica Management
Washington,
District of Columbia
|
-$7.63M |
| 2 |
NCL
Nishkama Capital LLC
Dorado,
Puerto Rico
|
-$1.48M |
| 3 |
Millennium Management
New York
|
-$1.36M |
| 4 |
D.E. Shaw & Co
New York
|
-$792K |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$634K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AGM
76
Alpine Global Management
New York
| – | -$96K | -18,635 | Closed |
|
|
QT
77
Quantbot Technologies
New York
| – | -$93.9K | -18,297 | Closed |
|
78
Lazard Asset Management
New York
| – | -$82K | -16,032 | Closed |
|
|
OAM
79
Oberweis Asset Management
Lisle,
Illinois
| – | -$59.5K | -11,600 | Closed |
|
|
ACM
80
Aquatic Capital Management
Chicago,
Illinois
| – | -$49K | -9,600 | Closed |
|
|
MCC
81
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$728 | -142 | Closed |
|
DESP Hedge Fund Activity: Q1 2023 in Review
67 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Despegar.com (DESP) for Q1 2023, worth a combined $237M — up 25% from $189M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of DESP and 6 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 26 added.
The largest buyer was Neuberger Berman Group, adding an estimated $6.61M. The largest seller was Cartica Management, exiting entirely with an estimated $7.63M sold.
- 67 institutional investors held Despegar.com (DESP) as of Q1 2023, down from 76 in Q4 2022.
- Funds reported $237M of Despegar.com stock for Q1 2023, up 25% quarter-over-quarter.
- 6 funds opened new Despegar.com positions in Q1 2023 and 14 closed out, a net change of -8 holders.
- The largest Despegar.com buyer in Q1 2023 was Neuberger Berman Group, an estimated $6.61M added.
- The largest Despegar.com seller in Q1 2023 was Cartica Management, an estimated $7.63M sold.
Based on aggregated 13F filings for Q1 2023.