Expedia Group
EXPE
375 hedge funds and large institutions have $7.7B invested in Expedia Group in 2014 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 105 increasing their positions, 164 reducing their positions, and 43 closing their positions.
16% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 43
4% more capital invested
Capital invested by funds: $7.39B → $7.7B (+$312M)
0% less funds holding
Funds holding: 376 → 375 (-1)
7% less call options, than puts
Call options by funds: $196M | Put options by funds: $209M
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
36% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 164
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$128M |
| 2 |
Goldman Sachs
New York
|
+$111M |
| 3 |
SC
Sculptor Capital
New York
|
+$79.7M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$69.2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$67.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Axon Capital
New York
|
-$111M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$106M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$101M |
| 4 |
Morgan Stanley
New York
|
-$94.9M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$92.3M |
EXPE Hedge Fund Activity: Q1 2014 in Review
375 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q1 2014, worth a combined $7.7B — up 4.2% from $7.39B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new EXPE positions and 43 closed out — a net gain of 7 holders — while 105 added to existing stakes and 164 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $128M. The largest seller was Axon Capital, exiting entirely with an estimated $111M sold.
- 375 institutional investors held Expedia Group (EXPE) as of Q1 2014, down from 376 in Q4 2013.
- Funds reported $7.7B of Expedia Group stock for Q1 2014, up 4.2% quarter-over-quarter.
- 50 funds opened new Expedia Group positions in Q1 2014 and 43 closed out, a net change of +7 holders.
- The largest Expedia Group buyer in Q1 2014 was Wellington Management Group, an estimated $128M added.
- The largest Expedia Group seller in Q1 2014 was Axon Capital, an estimated $111M sold.
Based on aggregated 13F filings for Q1 2014.