Expedia Group
EXPE
635 hedge funds and large institutions have $14.5B invested in Expedia Group in 2019 Q1 according to their latest regulatory filings, with 95 funds opening new positions, 273 increasing their positions, 190 reducing their positions, and 72 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 273 | Existing positions reduced: 190
32% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 72
11% more capital invested
Capital invested by funds: $13.1B → $14.5B (+$1.42B)
4.6% more ownership
Funds ownership: 86.15% → 90.75% (+4.6%)
2% more funds holding
Funds holding: 620 → 635 (+15)
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
38% less call options, than puts
Call options by funds: $476M | Put options by funds: $766M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
+$122M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$104M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$82.7M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$59.6M |
| 5 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$57.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$165M |
| 2 |
Millennium Management
New York
|
-$117M |
| 3 |
Morgan Stanley
New York
|
-$85.4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$62.3M |
| 5 |
JP Morgan Chase
New York
|
-$60M |
EXPE Hedge Fund Activity: Q1 2019 in Review
635 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q1 2019, worth a combined $14.5B — up 11% from $13.1B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new EXPE positions and 72 closed out — a net gain of 23 holders — while 273 added to existing stakes and 190 trimmed.
The largest buyer was TIAA CREF Investment Management, adding an estimated $122M. The largest seller was First Pacific Advisors, exiting entirely with an estimated $165M sold.
- 635 institutional investors held Expedia Group (EXPE) as of Q1 2019, up from 620 in Q4 2018.
- Funds reported $14.5B of Expedia Group stock for Q1 2019, up 11% quarter-over-quarter.
- 95 funds opened new Expedia Group positions in Q1 2019 and 72 closed out, a net change of +23 holders.
- The largest Expedia Group buyer in Q1 2019 was TIAA CREF Investment Management, an estimated $122M added.
- The largest Expedia Group seller in Q1 2019 was First Pacific Advisors, an estimated $165M sold.
Based on aggregated 13F filings for Q1 2019.