Etsy
ETSY
113 hedge funds and large institutions have $484M invested in Etsy in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 39 increasing their positions, 29 reducing their positions, and 18 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
39% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 18
34% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 29
15% more capital invested
Capital invested by funds: $421M → $484M (+$62.8M)
6% more funds holding
Funds holding: 107 → 113 (+6)
21% less call options, than puts
Call options by funds: $461K | Put options by funds: $587K
Top Buyers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$27.8M |
| 2 |
Tiger Global Management
New York
|
+$19.9M |
| 3 |
PC
Paulson & Co
New York
|
+$8.26M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.78M |
| 5 |
KA
Kerrisdale Advisers
Miami,
Florida
|
+$6.52M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SOMRS
126
State of Michigan Retirement System
Lansing,
Michigan
| – | -$86K | -10,387 | Closed |
|
|
EHC
127
Everett Harris & Co
Los Angeles,
California
| – | -$83K | -10,000 | Closed |
|
|
ASP
128
Adams Street Partners
Chicago,
Illinois
| – | -$71K | -8,612 | Closed |
|
|
SO
129
STRS Ohio
Columbus,
Ohio
| – | -$51.2K | -6,400 | Closed |
|
130
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$5K | -614 | Closed |
|
ETSY Hedge Fund Activity: Q1 2016 in Review
113 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Etsy (ETSY) for Q1 2016, worth a combined $484M — up 15% from $421M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ETSY positions and 18 closed out — a net gain of 7 holders — while 39 added to existing stakes and 29 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $27.8M. The largest seller was Union Square GP 2004, cutting an estimated $31.8M.
- 113 institutional investors held Etsy (ETSY) as of Q1 2016, up from 107 in Q4 2015.
- Funds reported $484M of Etsy stock for Q1 2016, up 15% quarter-over-quarter.
- 25 funds opened new Etsy positions in Q1 2016 and 18 closed out, a net change of +7 holders.
- The largest Etsy buyer in Q1 2016 was T. Rowe Price Associates, an estimated $27.8M added.
- The largest Etsy seller in Q1 2016 was Union Square GP 2004, an estimated $31.8M sold.
Based on aggregated 13F filings for Q1 2016.