Expedia Group
EXPE
620 hedge funds and large institutions have $13.1B invested in Expedia Group in 2018 Q4 according to their latest regulatory filings, with 93 funds opening new positions, 209 increasing their positions, 220 reducing their positions, and 69 closing their positions.
35% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 69
23% more call options, than puts
Call options by funds: $827M | Put options by funds: $673M
3% more funds holding
Funds holding: 603 → 620 (+17)
5% less repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 220
1.88% less ownership
Funds ownership: 88.03% → 86.15% (-1.9%)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
17% less capital invested
Capital invested by funds: $15.7B → $13.1B (-$2.6B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$153M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$147M |
| 3 |
JP Morgan Chase
New York
|
+$131M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$66.5M |
| 5 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$51.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$391M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$212M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$93.8M |
| 4 |
Goldman Sachs
New York
|
-$57.5M |
| 5 |
Neuberger Berman Group
New York
|
-$57.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICM
676
IMS Capital Management
Portland,
Oregon
| – | -$10K | -80 | Closed |
|
|
APP
677
Avantax Planning Partners
Dubuque,
Iowa
| – | -$8K | -62 | Closed |
|
|
EA
678
Elm Advisors
Burlingame,
California
| – | -$8K | -60 | Closed |
|
679
Schroder Investment Management Group
London,
United Kingdom
| – | -$6K | -43 | Closed |
|
|
FAM
680
Fred Alger Management
New York
| – | -$5K | -42 | Closed |
|
|
PO
681
Private Ocean
San Rafael,
California
| – | -$4K | -33 | Closed |
|
|
KF
682
Krilogy Financial
St. Louis,
Missouri
| – | -$4K | -30 | Closed |
|
|
WF
683
WealthTrust Fairport
Cleveland,
Ohio
| – | -$4K | -30 | Closed |
|
|
WSTAM
684
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$3K | -26 | Closed |
|
|
MUS
685
Mitsubishi UFJ Securities
Tokyo,
Japan
| – | -$1K | -10 | Closed |
|
|
SWP
686
Strategic Wealth Partners
Independence,
Ohio
| – | +$239 | +2 | New |
|
|
AC
687
Avestar Capital
New York
| – | +$1.08K | +9 | +100% |
|
EXPE Hedge Fund Activity: Q4 2018 in Review
620 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q4 2018, worth a combined $13.1B — down 17% from $15.7B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new EXPE positions and 69 closed out — a net gain of 24 holders — while 209 added to existing stakes and 220 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $153M. The largest seller was Senator Investment Group, exiting entirely with an estimated $391M sold.
- 620 institutional investors held Expedia Group (EXPE) as of Q4 2018, up from 603 in Q3 2018.
- Funds reported $13.1B of Expedia Group stock for Q4 2018, down 17% quarter-over-quarter.
- 93 funds opened new Expedia Group positions in Q4 2018 and 69 closed out, a net change of +24 holders.
- The largest Expedia Group buyer in Q4 2018 was Renaissance Technologies, an estimated $153M added.
- The largest Expedia Group seller in Q4 2018 was Senator Investment Group, an estimated $391M sold.
Based on aggregated 13F filings for Q4 2018.