Etsy
ETSY
75 hedge funds and large institutions have $675M invested in Etsy in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 23 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
5% less capital invested
Capital invested by funds: $712M → $675M (-$36.9M)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
13% less funds holding
Funds holding: 86 → 75 (-11)
25% less call options, than puts
Call options by funds: $8.09M | Put options by funds: $10.8M
48% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$27.8M |
| 2 |
HC
Hillman Company
Pittsburgh,
Pennsylvania
|
+$12M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$3.89M |
| 4 |
GCM
Glynn Capital Management
Menlo Park,
California
|
+$3.02M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$13.5M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$10.6M |
| 3 |
BRC
Blue Ridge Capital
New York
|
-$9.77M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$7.31M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.98M |
ETSY Hedge Fund Activity: Q3 2015 in Review
75 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Etsy (ETSY) for Q3 2015, worth a combined $675M — down 5.2% from $712M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of ETSY and 12 opened new positions — a net loss of 11 holders — while 24 trimmed existing stakes and 21 added.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $27.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $13.5M.
- 75 institutional investors held Etsy (ETSY) as of Q3 2015, down from 86 in Q2 2015.
- Funds reported $675M of Etsy stock for Q3 2015, down 5.2% quarter-over-quarter.
- 12 funds opened new Etsy positions in Q3 2015 and 23 closed out, a net change of -11 holders.
- The largest Etsy buyer in Q3 2015 was Lord, Abbett & Co, an estimated $27.8M added.
- The largest Etsy seller in Q3 2015 was T. Rowe Price Associates, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2015.