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Expedia Group

374 hedge funds and large institutions have $7.69B invested in Expedia Group in 2014 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 105 increasing their positions, 163 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 43

4% more capital invested

Capital invested by funds: $7.38B → $7.69B (+$314M)

0% less funds holding

Funds holding: 375374 (-1)

6% less call options, than puts

Call options by funds: $195M | Put options by funds: $208M

8% less funds holding in top 10

Funds holding in top 10: 1312 (-1)

36% less repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 163

Holders
374
Holders Change
-1
Holders Change %
-0.27%
% of All Funds
10.8%
Holding in Top 10
12
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-7.69%
% of All Funds
0.35%
New
50
Increased
105
Reduced
163
Closed
43
Calls
$195M
Puts
$208M
Net Calls
-$13.1M
Net Calls Change
+$25.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$736M -$47.1M -650,000 -6%
JP Morgan Chase
2
JP Morgan Chase
New York
$548M -$32.9M -454,192 -6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$505M +$11.8M +163,022 +2%
State Street
4
State Street
Massachusetts
$400M +$67.1M +926,930 +20%
Goldman Sachs
5
Goldman Sachs
New York
$276M +$111M +1,530,706 +67%
SC
6
Sculptor Capital
New York
$214M +$79.7M +1,099,990 +60%
BIT
7
BlackRock Institutional Trust
California
$202M -$1.95M -26,972 -1%
TCIM
8
TIAA CREF Investment Management
New York
$195M +$20M +275,675 +11%
PCM
9
PAR Capital Management
Massachusetts
$192M +$69.2M +955,000 +56%
Invesco
10
Invesco
Georgia
$149M -$4.53M -62,592 -3%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$128M +$128M +1,770,105 New
D.E. Shaw & Co
12
D.E. Shaw & Co
New York
$126M +$64.5M +890,582 +105%
Deutsche Bank
13
Deutsche Bank
Germany
$114M +$16.3M +225,206 +17%
Renaissance Technologies
14
Renaissance Technologies
New York
$105M +$49.7M +686,552 +89%
Bank of America
15
Bank of America
North Carolina
$97.5M +$11.7M +162,194 +14%
Lazard Asset Management
16
Lazard Asset Management
New York
$96.8M -$56.3M -777,761 -37%
BFA
17
BlackRock Fund Advisors
California
$93.9M -$2.16M -29,775 -2%
Northern Trust
18
Northern Trust
Illinois
$93.8M -$5.3M -73,128 -5%
RIM
19
Rainier Investment Management
Washington
$92M -$28.7M -395,940 -24%
ACM
20
Altimeter Capital Management
Massachusetts
$91.5M +$1.56M +21,572 +2%
Balyasny Asset Management
21
Balyasny Asset Management
Illinois
$87.9M +$38.9M +536,797 +79%
AllianceBernstein
22
AllianceBernstein
Tennessee
$87.2M +$63M +869,719 +261%
Fidelity Investments
23
Fidelity Investments
Massachusetts
$81.4M +$24.5M +338,281 +43%
CLM
24
ClearBridge LLC (Maryland)
Maryland
$81.1M -$6.19M -85,393 -7%
Boston Partners
25
Boston Partners
Massachusetts
$79.8M +$6.09M +84,004 +8%

EXPE Hedge Fund Activity: Q1 2014 in Review

374 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q1 2014, worth a combined $7.69B — up 4.3% from $7.38B 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 163 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.

  • 374 institutional investors held Expedia Group (EXPE) as of Q1 2014, down from 375 in Q4 2013.
  • Funds reported $7.69B of Expedia Group stock for Q1 2014, up 4.3% 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.