Etsy
ETSY
139 hedge funds and large institutions have $1.3B invested in Etsy in 2017 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 55 increasing their positions, 37 reducing their positions, and 31 closing their positions.
52% more capital invested
Capital invested by funds: $851M → $1.3B (+$445M)
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
49% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 37
31% more call options, than puts
Call options by funds: $54.3M | Put options by funds: $41.4M
5.19% more ownership
Funds ownership: 68.93% → 74.12% (+5.2%)
10% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 31
1% more funds holding
Funds holding: 138 → 139 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$78.8M |
| 2 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
+$59.5M |
| 3 |
Morgan Stanley
New York
|
+$25.1M |
| 4 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$24.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$32.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$21M |
| 3 |
Millennium Management
New York
|
-$18.4M |
| 4 |
JC
Joho Capital
New York
|
-$14.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$12.1M |
ETSY Hedge Fund Activity: Q2 2017 in Review
139 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Etsy (ETSY) for Q2 2017, worth a combined $1.3B — up 52% from $851M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new ETSY positions and 31 closed out — a net gain of 3 holders — while 55 added to existing stakes and 37 trimmed.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $78.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $32.6M.
- 139 institutional investors held Etsy (ETSY) as of Q2 2017, up from 138 in Q1 2017.
- Funds reported $1.3B of Etsy stock for Q2 2017, up 52% quarter-over-quarter.
- 34 funds opened new Etsy positions in Q2 2017 and 31 closed out, a net change of +3 holders.
- The largest Etsy buyer in Q2 2017 was Janus Henderson Group, an estimated $78.8M added.
- The largest Etsy seller in Q2 2017 was T. Rowe Price Associates, an estimated $32.6M sold.
Based on aggregated 13F filings for Q2 2017.