Etsy
ETSY
364 hedge funds and large institutions have $4.51B invested in Etsy in 2020 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 126 increasing their positions, 113 reducing their positions, and 74 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 113
1.68% more ownership
Funds ownership: 97.33% → 99.01% (+1.7%)
4% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 74
0% less funds holding
Funds holding: 365 → 364 (-1)
10% less call options, than puts
Call options by funds: $90.5M | Put options by funds: $100M
12% less capital invested
Capital invested by funds: $5.12B → $4.51B (-$613M)
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$191M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$104M |
| 3 |
VM
Valinor Management
New York
|
+$69.2M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$50.9M |
| 5 |
CCM
Cadian Capital Management
New York
|
+$45.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$78M |
| 2 |
Renaissance Technologies
New York
|
-$70M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$51.1M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$47.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.9M |
ETSY Hedge Fund Activity: Q1 2020 in Review
364 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Etsy (ETSY) for Q1 2020, worth a combined $4.51B — down 12% from $5.12B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new ETSY positions and 74 closed out — a net gain of 3 holders — while 126 added to existing stakes and 113 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $191M. The largest seller was Goldman Sachs, cutting an estimated $78M.
- 364 institutional investors held Etsy (ETSY) as of Q1 2020, down from 365 in Q4 2019.
- Funds reported $4.51B of Etsy stock for Q1 2020, down 12% quarter-over-quarter.
- 77 funds opened new Etsy positions in Q1 2020 and 74 closed out, a net change of +3 holders.
- The largest Etsy buyer in Q1 2020 was Wellington Management Group, an estimated $191M added.
- The largest Etsy seller in Q1 2020 was Goldman Sachs, an estimated $78M sold.
Based on aggregated 13F filings for Q1 2020.