Expedia Group
EXPE
483 hedge funds and large institutions have $14.7B invested in Expedia Group in 2016 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 193 increasing their positions, 162 reducing their positions, and 69 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 162
12% more capital invested
Capital invested by funds: $13.2B → $14.7B (+$1.57B)
5% less funds holding
Funds holding: 506 → 483 (-23)
15% less funds holding in top 10
Funds holding in top 10: 27 → 23 (-4)
17% less call options, than puts
Call options by funds: $421M | Put options by funds: $509M
28% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$808M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$191M |
| 3 |
Jennison Associates
New York
|
+$120M |
| 4 |
BC
Brahman Capital
New York
|
+$92.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$91.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$278M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$262M |
| 3 |
JP
Jana Partners
New York
|
-$220M |
| 4 |
Coatue Management
New York
|
-$216M |
| 5 |
TCP
Tourbillon Capital Partners
New York
|
-$138M |
EXPE Hedge Fund Activity: Q3 2016 in Review
483 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q3 2016, worth a combined $14.7B — up 12% from $13.2B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of EXPE and 50 opened new positions — a net loss of 19 holders — while 162 trimmed existing stakes and 193 added.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $808M. The largest seller was Capital World Investors, cutting an estimated $278M.
- 483 institutional investors held Expedia Group (EXPE) as of Q3 2016, down from 506 in Q2 2016.
- Funds reported $14.7B of Expedia Group stock for Q3 2016, up 12% quarter-over-quarter.
- 50 funds opened new Expedia Group positions in Q3 2016 and 69 closed out, a net change of -19 holders.
- The largest Expedia Group buyer in Q3 2016 was Lone Pine Capital, an estimated $808M added.
- The largest Expedia Group seller in Q3 2016 was Capital World Investors, an estimated $278M sold.
Based on aggregated 13F filings for Q3 2016.