Despegar.com
DESP
DESP was delisted on the 15th of May, 2025.
148 hedge funds and large institutions have $842M invested in Despegar.com in 2024 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 41 increasing their positions, 32 reducing their positions, and 21 closing their positions.
205% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 21
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
79% more call options, than puts
Call options by funds: $2.08M | Put options by funds: $1.16M
69% more capital invested
Capital invested by funds: $497M → $842M (+$345M)
40% more funds holding
Funds holding: 106 → 148 (+42)
28% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CMC
Catterton Management Company
Greenwich,
Connecticut
|
+$105M |
| 2 |
BlackRock
New York
|
+$42M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
+$38.5M |
| 4 |
NSGL
No Street GP LP
San Francisco,
California
|
+$38.2M |
| 5 |
SC
Sylebra Capital
Palo Alto,
California
|
+$16.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$18.5M |
| 2 |
AA
Ancient Art
Austin,
Texas
|
-$14.7M |
| 3 |
Morgan Stanley
New York
|
-$10.7M |
| 4 |
MVP
Medina Value Partners
Los Angeles,
California
|
-$8.74M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$8.37M |
DESP Hedge Fund Activity: Q2 2024 in Review
148 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Despegar.com (DESP) for Q2 2024, worth a combined $842M — up 69% from $497M a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new DESP positions and 21 closed out — a net gain of 43 holders — while 41 added to existing stakes and 32 trimmed.
The largest buyer was Catterton Management Company, opening a new position worth an estimated $105M. The largest seller was Millennium Management, cutting an estimated $18.5M.
- 148 institutional investors held Despegar.com (DESP) as of Q2 2024, up from 106 in Q1 2024.
- Funds reported $842M of Despegar.com stock for Q2 2024, up 69% quarter-over-quarter.
- 64 funds opened new Despegar.com positions in Q2 2024 and 21 closed out, a net change of +43 holders.
- The largest Despegar.com buyer in Q2 2024 was Catterton Management Company, an estimated $105M added.
- The largest Despegar.com seller in Q2 2024 was Millennium Management, an estimated $18.5M sold.
Based on aggregated 13F filings for Q2 2024.