Expedia Group
EXPE
543 hedge funds and large institutions have $13.9B invested in Expedia Group in 2016 Q4 according to their latest regulatory filings, with 125 funds opening new positions, 177 increasing their positions, 184 reducing their positions, and 54 closing their positions.
131% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 54
89.61% more ownership
Funds ownership: 0% → 89.61% (+90%)
17% more funds holding in top 10
Funds holding in top 10: 23 → 27 (+4)
12% more funds holding
Funds holding: 483 → 543 (+60)
4% less repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 184
10% less call options, than puts
Call options by funds: $370M | Put options by funds: $410M
5% less capital invested
Capital invested by funds: $14.7B → $13.9B (-$798M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$227M |
| 2 |
Jennison Associates
New York
|
+$167M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$102M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$97.7M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$68.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$604M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$362M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$345M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$154M |
| 5 |
SIG
Senator Investment Group
New York
|
-$87.5M |
EXPE Hedge Fund Activity: Q4 2016 in Review
543 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q4 2016, worth a combined $13.9B — down 5.4% from $14.7B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new EXPE positions and 54 closed out — a net gain of 71 holders — while 177 added to existing stakes and 184 trimmed.
The largest buyer was Winslow Capital Management, opening a new position worth an estimated $227M. The largest seller was Capital World Investors, cutting an estimated $604M.
- 543 institutional investors held Expedia Group (EXPE) as of Q4 2016, up from 483 in Q3 2016.
- Funds reported $13.9B of Expedia Group stock for Q4 2016, down 5.4% quarter-over-quarter.
- 125 funds opened new Expedia Group positions in Q4 2016 and 54 closed out, a net change of +71 holders.
- The largest Expedia Group buyer in Q4 2016 was Winslow Capital Management, an estimated $227M added.
- The largest Expedia Group seller in Q4 2016 was Capital World Investors, an estimated $604M sold.
Based on aggregated 13F filings for Q4 2016.