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Expedia Group

435 hedge funds and large institutions have $11.9B invested in Expedia Group in 2014 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 168 increasing their positions, 137 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 48

30% more capital invested

Capital invested by funds: $9.12B → $11.9B (+$2.74B)

23% more repeat investments, than reductions

Existing positions increased: 168 | Existing positions reduced: 137

20% more funds holding in top 10

Funds holding in top 10: 1518 (+3)

4% more funds holding

Funds holding: 417435 (+18)

19% less call options, than puts

Call options by funds: $264M | Put options by funds: $326M

Holders
435
Holders Change
+18
Holders Change %
+4.32%
% of All Funds
11.6%
Holding in Top 10
18
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+20%
% of All Funds
0.48%
New
71
Increased
168
Reduced
137
Closed
48
Calls
$264M
Puts
$326M
Net Calls
-$61.5M
Net Calls Change
-$261M
Name Holding Trade Value Shares
Change
Change in
Stake
LTI
1
Laffer Tengler Investments
Tennessee
$2.84B -$2.82M -33,315 Closed
Capital World Investors
2
Capital World Investors
California
$798M -$38.2M -450,000 -5%
JP Morgan Chase
3
JP Morgan Chase
New York
$751M +$4.61M +54,365 +0.6%
Vanguard Group
4
Vanguard Group
Pennsylvania
$673M +$43.1M +508,590 +7%
State Street
5
State Street
Massachusetts
$402M +$21.9M +258,273 +6%
PCM
6
PAR Capital Management
Massachusetts
$295M +$2.54M +30,000 +0.9%
American Century Companies
7
American Century Companies
Missouri
$280M +$195M +2,302,227 +235%
BIT
8
BlackRock Institutional Trust
California
$238M +$18.3M +215,774 +8%
TCIM
9
TIAA CREF Investment Management
New York
$228M -$27.2M -320,482 -11%
SC
10
Sculptor Capital
New York
$207M -$97.3K -1,148 -0%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$177M +$83.8M +987,714 +91%
SCM
12
Steadfast Capital Management
New York
$174M +$173M +2,039,105 New
Goldman Sachs
13
Goldman Sachs
New York
$169M +$2.29M +27,012 +1%
Boston Partners
14
Boston Partners
Massachusetts
$168M +$26.2M +308,396 +19%
ACM
15
Altimeter Capital Management
Massachusetts
$161M +$38.1M +449,602 +31%
BFA
16
BlackRock Fund Advisors
California
$119M +$12.6M +148,332 +12%
Deutsche Bank
17
Deutsche Bank
Germany
$111M -$17.7M -208,674 -14%
AQR Capital Management
18
AQR Capital Management
Connecticut
$108M +$37.9M +446,535 +55%
Invesco
19
Invesco
Georgia
$104M -$99.4M -1,171,774 -49%
Northern Trust
20
Northern Trust
Illinois
$102M -$710K -8,376 -0.7%
CS
21
Credit Suisse
Switzerland
$90.8M -$14M -164,538 -13%
ACM
22
Apex Capital Management
Ohio
$86.1M +$3.83M +45,110 +5%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$85.8M -$17M -200,987 -17%
Wellington Management Group
24
Wellington Management Group
Massachusetts
$83.9M -$33.3M -393,022 -29%
Ameriprise
25
Ameriprise
Minnesota
$83M +$53.4M +629,861 +184%

EXPE Hedge Fund Activity: Q4 2014 in Review

435 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q4 2014, worth a combined $11.9B — up 30% from $9.12B a quarter earlier.

Buyers outnumbered sellers: 71 funds opened new EXPE positions and 48 closed out — a net gain of 23 holders — while 168 added to existing stakes and 137 trimmed.

The largest buyer was American Century Companies, adding an estimated $195M. The largest seller was JAT Capital Management LP (Connecticut), exiting entirely with an estimated $104M sold.

  • 435 institutional investors held Expedia Group (EXPE) as of Q4 2014, up from 417 in Q3 2014.
  • Funds reported $11.9B of Expedia Group stock for Q4 2014, up 30% quarter-over-quarter.
  • 71 funds opened new Expedia Group positions in Q4 2014 and 48 closed out, a net change of +23 holders.
  • The largest Expedia Group buyer in Q4 2014 was American Century Companies, an estimated $195M added.
  • The largest Expedia Group seller in Q4 2014 was JAT Capital Management LP (Connecticut), an estimated $104M sold.

Based on aggregated 13F filings for Q4 2014.