Expedia Group
EXPE
435 hedge funds and large institutions have $11.9B invested in Expedia Group in 2014 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 168 increasing their positions, 137 reducing their positions, and 48 closing their positions.
48% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 48
30% more capital invested
Capital invested by funds: $9.12B → $11.9B (+$2.74B)
23% more repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 137
20% more funds holding in top 10
Funds holding in top 10: 15 → 18 (+3)
4% more funds holding
Funds holding: 417 → 435 (+18)
19% less call options, than puts
Call options by funds: $264M | Put options by funds: $326M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$195M |
| 2 |
SCM
Steadfast Capital Management
New York
|
+$173M |
| 3 |
Bank of New York Mellon
New York
|
+$83.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$53.4M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$47.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
-$104M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$99.4M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$92M |
| 4 |
RFS
Rockefeller Financial Services
New York
|
-$69.6M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$69.1M |
EXPE Hedge Fund Activity: Q4 2014 in Review
435 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q4 2014, worth a combined $11.9B — up 30% from $9.12B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new EXPE positions and 48 closed out — a net gain of 23 holders — while 168 added to existing stakes and 137 trimmed.
The largest buyer was American Century Companies, adding an estimated $195M. The largest seller was JAT Capital Management LP (Connecticut), exiting entirely with an estimated $104M sold.
- 435 institutional investors held Expedia Group (EXPE) as of Q4 2014, up from 417 in Q3 2014.
- Funds reported $11.9B of Expedia Group stock for Q4 2014, up 30% quarter-over-quarter.
- 71 funds opened new Expedia Group positions in Q4 2014 and 48 closed out, a net change of +23 holders.
- The largest Expedia Group buyer in Q4 2014 was American Century Companies, an estimated $195M added.
- The largest Expedia Group seller in Q4 2014 was JAT Capital Management LP (Connecticut), an estimated $104M sold.
Based on aggregated 13F filings for Q4 2014.