Etsy
ETSY
107 hedge funds and large institutions have $421M invested in Etsy in 2015 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 29 increasing their positions, 14 reducing their positions, and 12 closing their positions.
275% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 12
107% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 14
43% more funds holding
Funds holding: 75 → 107 (+32)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
25% less call options, than puts
Call options by funds: $1.04M | Put options by funds: $1.4M
38% less capital invested
Capital invested by funds: $675M → $421M (-$253M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$27.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.5M |
| 3 |
Millennium Management
New York
|
+$18.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$13.4M |
| 5 |
HLA
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
|
+$5.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$14.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$10.3M |
| 3 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$7.23M |
| 4 |
USO
Union Square Opportunity
New York
|
-$4.22M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.63M |
ETSY Hedge Fund Activity: Q4 2015 in Review
107 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Etsy (ETSY) for Q4 2015, worth a combined $421M — down 38% from $675M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new ETSY positions and 12 closed out — a net gain of 33 holders — while 29 added to existing stakes and 14 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $27.5M. The largest seller was Tiger Global Management, cutting an estimated $14.2M.
- 107 institutional investors held Etsy (ETSY) as of Q4 2015, up from 75 in Q3 2015.
- Funds reported $421M of Etsy stock for Q4 2015, down 38% quarter-over-quarter.
- 45 funds opened new Etsy positions in Q4 2015 and 12 closed out, a net change of +33 holders.
- The largest Etsy buyer in Q4 2015 was T. Rowe Price Associates, an estimated $27.5M added.
- The largest Etsy seller in Q4 2015 was Tiger Global Management, an estimated $14.2M sold.
Based on aggregated 13F filings for Q4 2015.