Expedia Group
EXPE
376 hedge funds and large institutions have $8.12B invested in Expedia Group in 2014 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 125 increasing their positions, 143 reducing their positions, and 44 closing their positions.
15% more call options, than puts
Call options by funds: $314M | Put options by funds: $274M
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
5% more capital invested
Capital invested by funds: $7.7B → $8.12B (+$418M)
9% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 44
0% more funds holding
Funds holding: 375 → 376 (+1)
13% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 143
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Contour Asset Management
New York
|
+$82.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$73.2M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$57.3M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$48.5M |
| 5 |
Millennium Management
New York
|
+$43.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$96.8M |
| 2 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$92M |
| 3 |
State Street
Boston,
Massachusetts
|
-$90.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$79.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$76M |
EXPE Hedge Fund Activity: Q2 2014 in Review
376 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q2 2014, worth a combined $8.12B — up 5.4% from $7.7B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new EXPE positions and 44 closed out — a net gain of 4 holders — while 125 added to existing stakes and 143 trimmed.
The largest buyer was Contour Asset Management, opening a new position worth an estimated $82.4M. The largest seller was Lazard Asset Management, exiting entirely with an estimated $96.8M sold.
- 376 institutional investors held Expedia Group (EXPE) as of Q2 2014, up from 375 in Q1 2014.
- Funds reported $8.12B of Expedia Group stock for Q2 2014, up 5.4% quarter-over-quarter.
- 48 funds opened new Expedia Group positions in Q2 2014 and 44 closed out, a net change of +4 holders.
- The largest Expedia Group buyer in Q2 2014 was Contour Asset Management, an estimated $82.4M added.
- The largest Expedia Group seller in Q2 2014 was Lazard Asset Management, an estimated $96.8M sold.
Based on aggregated 13F filings for Q2 2014.