Despegar.com
DESP
DESP was delisted on the 15th of May, 2025.
163 hedge funds and large institutions have $832M invested in Despegar.com in 2024 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 49 increasing their positions, 48 reducing their positions, and 22 closing their positions.
77% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 22
70% more call options, than puts
Call options by funds: $4.83M | Put options by funds: $2.84M
10% more funds holding
Funds holding: 148 → 163 (+15)
2% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 48
1% less capital invested
Capital invested by funds: $842M → $832M (-$10.2M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSGL
No Street GP LP
San Francisco,
California
|
+$21.2M |
| 2 |
Neuberger Berman Group
New York
|
+$10.9M |
| 3 |
BCM
Brightlight Capital Management
Westport,
Connecticut
|
+$9.72M |
| 4 |
TIAM
TT International Asset Management
London,
United Kingdom
|
+$8.5M |
| 5 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$7.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$13.9M |
| 2 |
BGC
Blue Grotto Capital
Atlanta,
Georgia
|
-$9.66M |
| 3 |
TCM
Tyro Capital Management
Miami,
Florida
|
-$9.3M |
| 4 |
BCM
Bares Capital Management
Austin,
Texas
|
-$7.11M |
| 5 |
Morgan Stanley
New York
|
-$5.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
YIH
176
Y-Intercept (HK)
Hong Kong
| – | -$411K | -31,075 | Closed |
|
177
Wolverine Trading
Chicago,
Illinois
| – | -$328K | -27,279 | Closed |
|
|
CCM
178
Corsair Capital Management
New York
| – | -$263K | -19,862 | Closed |
|
|
BCM
179
Bayesian Capital Management
Brooklyn,
New York
| – | -$257K | -19,400 | Closed |
|
|
JSSH
180
J. Safra Sarasin Holding
| – | -$228K | -17,220 | Closed |
|
|
MF
181
Magnetar Financial
Evanston,
Illinois
| – | -$220K | -16,626 | Closed |
|
|
GCP
182
GSA Capital Partners
London,
United Kingdom
| – | -$178K | -13,470 | Closed |
|
|
MM
183
MQS Management
New York
| – | -$136K | -10,284 | Closed |
|
|
SA
184
Sanctuary Advisors
Indianapolis,
Indiana
| – | -$128K | -10,000 | Closed |
|
|
GRP
185
Global Retirement Partners
San Rafael,
California
| – | -$6.18K | -467 | Closed |
|
DESP Hedge Fund Activity: Q3 2024 in Review
163 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Despegar.com (DESP) for Q3 2024, worth a combined $832M — down 1.2% from $842M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new DESP positions and 22 closed out — a net gain of 17 holders — while 49 added to existing stakes and 48 trimmed.
The largest buyer was No Street GP LP, adding an estimated $21.2M. The largest seller was Coronation Fund Managers, exiting entirely with an estimated $13.9M sold.
- 163 institutional investors held Despegar.com (DESP) as of Q3 2024, up from 148 in Q2 2024.
- Funds reported $832M of Despegar.com stock for Q3 2024, down 1.2% quarter-over-quarter.
- 39 funds opened new Despegar.com positions in Q3 2024 and 22 closed out, a net change of +17 holders.
- The largest Despegar.com buyer in Q3 2024 was No Street GP LP, an estimated $21.2M added.
- The largest Despegar.com seller in Q3 2024 was Coronation Fund Managers, an estimated $13.9M sold.
Based on aggregated 13F filings for Q3 2024.