Etsy
ETSY
159 hedge funds and large institutions have $1.54B invested in Etsy in 2017 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 54 increasing their positions, 41 reducing their positions, and 26 closing their positions.
100% more call options, than puts
Call options by funds: $36.1M | Put options by funds: $18.1M
81% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 26
32% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 41
19% more capital invested
Capital invested by funds: $1.3B → $1.54B (+$243M)
14% more funds holding
Funds holding: 139 → 159 (+20)
2.94% more ownership
Funds ownership: 74.12% → 77.06% (+2.9%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
+$66.9M |
| 2 |
CCM
Conatus Capital Management
Greenwich,
Connecticut
|
+$53.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$41M |
| 4 |
D.E. Shaw & Co
New York
|
+$16.7M |
| 5 |
Millennium Management
New York
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
-$75.6M |
| 2 |
CCM
Cadian Capital Management
New York
|
-$46.8M |
| 3 |
Morgan Stanley
New York
|
-$33.6M |
| 4 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$27.9M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$27.2M |
ETSY Hedge Fund Activity: Q3 2017 in Review
159 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Etsy (ETSY) for Q3 2017, worth a combined $1.54B — up 19% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new ETSY positions and 26 closed out — a net gain of 21 holders — while 54 added to existing stakes and 41 trimmed.
The largest buyer was Starboard Value, opening a new position worth an estimated $66.9M. The largest seller was TPG Group Holdings (SBS) Advisors, cutting an estimated $75.6M.
- 159 institutional investors held Etsy (ETSY) as of Q3 2017, up from 139 in Q2 2017.
- Funds reported $1.54B of Etsy stock for Q3 2017, up 19% quarter-over-quarter.
- 47 funds opened new Etsy positions in Q3 2017 and 26 closed out, a net change of +21 holders.
- The largest Etsy buyer in Q3 2017 was Starboard Value, an estimated $66.9M added.
- The largest Etsy seller in Q3 2017 was TPG Group Holdings (SBS) Advisors, an estimated $75.6M sold.
Based on aggregated 13F filings for Q3 2017.