Expedia Group
EXPE
430 hedge funds and large institutions have $11.2B invested in Expedia Group in 2015 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 139 increasing their positions, 168 reducing their positions, and 46 closing their positions.
46% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 46
13% more capital invested
Capital invested by funds: $9.94B → $11.2B (+$1.31B)
4% more funds holding
Funds holding: 412 → 430 (+18)
6% less funds holding in top 10
Funds holding in top 10: 17 → 16 (-1)
17% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 168
19% less call options, than puts
Call options by funds: $317M | Put options by funds: $391M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
+$156M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$65.8M |
| 3 |
Morgan Stanley
New York
|
+$63.3M |
| 4 |
Millennium Management
New York
|
+$53.4M |
| 5 |
OCAM
Owl Creek Asset Management
New York
|
+$42.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$236M |
| 2 |
JP Morgan Chase
New York
|
-$137M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$109M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$83.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$83.2M |
EXPE Hedge Fund Activity: Q2 2015 in Review
430 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q2 2015, worth a combined $11.2B — up 13% from $9.94B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new EXPE positions and 46 closed out — a net gain of 21 holders — while 139 added to existing stakes and 168 trimmed.
The largest buyer was Coatue Management, opening a new position worth an estimated $156M. The largest seller was Goldman Sachs, cutting an estimated $236M.
- 430 institutional investors held Expedia Group (EXPE) as of Q2 2015, up from 412 in Q1 2015.
- Funds reported $11.2B of Expedia Group stock for Q2 2015, up 13% quarter-over-quarter.
- 67 funds opened new Expedia Group positions in Q2 2015 and 46 closed out, a net change of +21 holders.
- The largest Expedia Group buyer in Q2 2015 was Coatue Management, an estimated $156M added.
- The largest Expedia Group seller in Q2 2015 was Goldman Sachs, an estimated $236M sold.
Based on aggregated 13F filings for Q2 2015.