Etsy
ETSY
243 hedge funds and large institutions have $2.86B invested in Etsy in 2018 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 72 increasing their positions, 67 reducing their positions, and 30 closing their positions.
177% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 30
44% more capital invested
Capital invested by funds: $1.98B → $2.86B (+$879M)
27% more funds holding
Funds holding: 192 → 243 (+51)
4.27% more ownership
Funds ownership: 79.71% → 83.98% (+4.3%)
7% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 67
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
36% less call options, than puts
Call options by funds: $22.8M | Put options by funds: $35.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$143M |
| 2 |
Renaissance Technologies
New York
|
+$50.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$47.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$19M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$85.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$78.3M |
| 3 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$38.9M |
| 4 |
CCM
Cadian Capital Management
New York
|
-$29.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$20M |
ETSY Hedge Fund Activity: Q1 2018 in Review
243 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Etsy (ETSY) for Q1 2018, worth a combined $2.86B — up 44% from $1.98B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new ETSY positions and 30 closed out — a net gain of 53 holders — while 72 added to existing stakes and 67 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $143M. The largest seller was Tiger Global Management, exiting entirely with an estimated $85.4M sold.
- 243 institutional investors held Etsy (ETSY) as of Q1 2018, up from 192 in Q4 2017.
- Funds reported $2.86B of Etsy stock for Q1 2018, up 44% quarter-over-quarter.
- 83 funds opened new Etsy positions in Q1 2018 and 30 closed out, a net change of +53 holders.
- The largest Etsy buyer in Q1 2018 was Fidelity Investments, an estimated $143M added.
- The largest Etsy seller in Q1 2018 was Tiger Global Management, an estimated $85.4M sold.
Based on aggregated 13F filings for Q1 2018.