Expedia Group
EXPE
555 hedge funds and large institutions have $7.54B invested in Expedia Group in 2020 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 178 increasing their positions, 251 reducing their positions, and 162 closing their positions.
74% more call options, than puts
Call options by funds: $939M | Put options by funds: $541M
3.46% more ownership
Funds ownership: 96.26% → 99.72% (+3.5%)
17% less funds holding
Funds holding: 667 → 555 (-112)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
29% less repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 251
48% less capital invested
Capital invested by funds: $14.5B → $7.54B (-$6.96B)
63% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 162
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$675M |
| 2 |
MNG
Manning & Napier Group
Fairport,
New York
|
+$149M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$133M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$128M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$107M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$379M |
| 2 |
JP Morgan Chase
New York
|
-$236M |
| 3 |
Millennium Management
New York
|
-$161M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$142M |
| 5 |
DnB Asset Management
Oslo,
Norway
|
-$141M |
EXPE Hedge Fund Activity: Q1 2020 in Review
555 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q1 2020, worth a combined $7.54B — down 48% from $14.5B a quarter earlier.
Sellers outnumbered buyers: 162 funds closed out of EXPE and 60 opened new positions — a net loss of 102 holders — while 251 trimmed existing stakes and 178 added.
The largest buyer was Melvin Capital Management, adding an estimated $675M. The largest seller was PAR Capital Management, cutting an estimated $379M.
- 555 institutional investors held Expedia Group (EXPE) as of Q1 2020, down from 667 in Q4 2019.
- Funds reported $7.54B of Expedia Group stock for Q1 2020, down 48% quarter-over-quarter.
- 60 funds opened new Expedia Group positions in Q1 2020 and 162 closed out, a net change of -102 holders.
- The largest Expedia Group buyer in Q1 2020 was Melvin Capital Management, an estimated $675M added.
- The largest Expedia Group seller in Q1 2020 was PAR Capital Management, an estimated $379M sold.
Based on aggregated 13F filings for Q1 2020.