Expedia Group
EXPE
548 hedge funds and large institutions have $15.6B invested in Expedia Group in 2017 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 229 increasing their positions, 164 reducing their positions, and 60 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 229 | Existing positions reduced: 164
25% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 60
12% more capital invested
Capital invested by funds: $13.9B → $15.6B (+$1.64B)
1% more funds holding
Funds holding: 543 → 548 (+5)
0.48% more ownership
Funds ownership: 89.61% → 90.09% (+0.48%)
15% less funds holding in top 10
Funds holding in top 10: 27 → 23 (-4)
46% less call options, than puts
Call options by funds: $383M | Put options by funds: $716M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$929M |
| 2 |
Neuberger Berman Group
New York
|
+$202M |
| 3 |
Jennison Associates
New York
|
+$118M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$93.3M |
| 5 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$268M |
| 2 |
TCP
Tourbillon Capital Partners
New York
|
-$204M |
| 3 |
Two Sigma Investments
New York
|
-$137M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$131M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$105M |
EXPE Hedge Fund Activity: Q1 2017 in Review
548 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q1 2017, worth a combined $15.6B — up 12% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new EXPE positions and 60 closed out — a net gain of 15 holders — while 229 added to existing stakes and 164 trimmed.
The largest buyer was BlackRock, adding an estimated $929M. The largest seller was Lone Pine Capital, cutting an estimated $268M.
- 548 institutional investors held Expedia Group (EXPE) as of Q1 2017, up from 543 in Q4 2016.
- Funds reported $15.6B of Expedia Group stock for Q1 2017, up 12% quarter-over-quarter.
- 75 funds opened new Expedia Group positions in Q1 2017 and 60 closed out, a net change of +15 holders.
- The largest Expedia Group buyer in Q1 2017 was BlackRock, an estimated $929M added.
- The largest Expedia Group seller in Q1 2017 was Lone Pine Capital, an estimated $268M sold.
Based on aggregated 13F filings for Q1 2017.