Etsy
ETSY
392 hedge funds and large institutions have $6.91B invested in Etsy in 2019 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 137 increasing their positions, 128 reducing their positions, and 56 closing their positions.
52% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 56
6% more funds holding
Funds holding: 370 → 392 (+22)
7% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 128
3.51% less ownership
Funds ownership: 97.23% → 93.72% (-3.5%)
11% less capital invested
Capital invested by funds: $7.8B → $6.91B (-$890M)
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
49% less call options, than puts
Call options by funds: $78M | Put options by funds: $153M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$65.3M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$58.6M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$49.7M |
| 4 |
HCM
Hitchwood Capital Management
New York
|
+$42.8M |
| 5 |
Squarepoint
New York
|
+$36.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$140M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$89M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$70M |
| 4 |
D.E. Shaw & Co
New York
|
-$64.1M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$61.3M |
ETSY Hedge Fund Activity: Q2 2019 in Review
392 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Etsy (ETSY) for Q2 2019, worth a combined $6.91B — down 11% from $7.8B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new ETSY positions and 56 closed out — a net gain of 29 holders — while 137 added to existing stakes and 128 trimmed.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $65.3M. The largest seller was BlackRock, cutting an estimated $140M.
- 392 institutional investors held Etsy (ETSY) as of Q2 2019, up from 370 in Q1 2019.
- Funds reported $6.91B of Etsy stock for Q2 2019, down 11% quarter-over-quarter.
- 85 funds opened new Etsy positions in Q2 2019 and 56 closed out, a net change of +29 holders.
- The largest Etsy buyer in Q2 2019 was Melvin Capital Management, an estimated $65.3M added.
- The largest Etsy seller in Q2 2019 was BlackRock, an estimated $140M sold.
Based on aggregated 13F filings for Q2 2019.