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Expedia Group

511 hedge funds and large institutions have $13B invested in Expedia Group in 2016 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 178 increasing their positions, 214 reducing their positions, and 113 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% less funds holding

Funds holding: 557511 (-46)

12% less capital invested

Capital invested by funds: $14.8B → $13B (-$1.85B)

17% less repeat investments, than reductions

Existing positions increased: 178 | Existing positions reduced: 214

19% less funds holding in top 10

Funds holding in top 10: 3226 (-6)

20% less call options, than puts

Call options by funds: $254M | Put options by funds: $317M

36% less first-time investments, than exits

New positions opened: 72 | Existing positions closed: 113

Holders
511
Holders Change
-46
Holders Change %
-8.26%
% of All Funds
13.62%
Holding in Top 10
26
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-18.75%
% of All Funds
0.69%
New
72
Increased
178
Reduced
214
Closed
113
Calls
$254M
Puts
$317M
Net Calls
-$62.6M
Net Calls Change
-$107M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.13B +$18.5M +173,149 +2%
Capital World Investors
2
Capital World Investors
California
$899M +$55.1M +517,073 +7%
Capital Research Global Investors
3
Capital Research Global Investors
California
$584M +$124M +1,166,505 +27%
State Street
4
State Street
Massachusetts
$523M +$4.07M +38,192 +0.8%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$475M +$129M +1,206,680 +38%
PCM
6
PAR Capital Management
Massachusetts
$466M +$56.2M +527,000 +14%
ACM
7
Altimeter Capital Management
Massachusetts
$408M +$78.4M +734,788 +24%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$400M +$269M +2,518,390 +212%
JP Morgan Chase
9
JP Morgan Chase
New York
$390M -$83M -778,620 -18%
SCM
10
Steadfast Capital Management
New York
$325M +$171M +1,599,333 +113%
BIT
11
BlackRock Institutional Trust
California
$324M -$290K -2,718 -0.1%
Goldman Sachs
12
Goldman Sachs
New York
$308M +$135M +1,266,212 +80%
TCP
13
Tourbillon Capital Partners
New York
$300M +$143M +1,342,308 +93%
TCIM
14
TIAA CREF Investment Management
New York
$247M -$11M -103,443 -4%
American Century Companies
15
American Century Companies
Missouri
$236M -$40.5M -379,458 -15%
IIM
16
Ivory Investment Management
New York
$205M +$145M +1,357,448 +249%
Millennium Management
17
Millennium Management
New York
$204M +$20.3M +190,149 +11%
BFA
18
BlackRock Fund Advisors
California
$201M -$4.89M -45,817 -2%
Coatue Management
19
Coatue Management
New York
$165M -$65.7M -615,676 -29%
Invesco
20
Invesco
Georgia
$165M -$21.2M -198,514 -12%
Northern Trust
21
Northern Trust
Illinois
$143M -$487K -4,566 -0.3%
Two Sigma Advisers
22
Two Sigma Advisers
New York
$132M +$24.7M +231,604 +23%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$123M +$3.13M +29,369 +3%
Deutsche Bank
24
Deutsche Bank
Germany
$122M -$34.6M -324,667 -22%
First Trust Advisors
25
First Trust Advisors
Illinois
$117M -$63M -590,678 -35%

EXPE Hedge Fund Activity: Q1 2016 in Review

511 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q1 2016, worth a combined $13B — down 12% from $14.8B a quarter earlier.

Sellers outnumbered buyers: 113 funds closed out of EXPE and 72 opened new positions — a net loss of 41 holders — while 214 trimmed existing stakes and 178 added.

The largest buyer was Royal London Asset Management, adding an estimated $328M. The largest seller was 1832 Asset Management, cutting an estimated $91.2M.

  • 511 institutional investors held Expedia Group (EXPE) as of Q1 2016, down from 557 in Q4 2015.
  • Funds reported $13B of Expedia Group stock for Q1 2016, down 12% quarter-over-quarter.
  • 72 funds opened new Expedia Group positions in Q1 2016 and 113 closed out, a net change of -41 holders.
  • The largest Expedia Group buyer in Q1 2016 was Royal London Asset Management, an estimated $328M added.
  • The largest Expedia Group seller in Q1 2016 was 1832 Asset Management, an estimated $91.2M sold.

Based on aggregated 13F filings for Q1 2016.