Expedia Group
EXPE
590 hedge funds and large institutions have $19.2B invested in Expedia Group in 2017 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 210 increasing their positions, 202 reducing their positions, and 47 closing their positions.
91% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 47
43% more funds holding in top 10
Funds holding in top 10: 23 → 33 (+10)
28% more call options, than puts
Call options by funds: $860M | Put options by funds: $670M
23% more capital invested
Capital invested by funds: $15.6B → $19.2B (+$3.63B)
7% more funds holding
Funds holding: 549 → 590 (+41)
3.22% more ownership
Funds ownership: 90.09% → 93.31% (+3.2%)
4% more repeat investments, than reductions
Existing positions increased: 210 | Existing positions reduced: 202
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$337M |
| 2 |
HP
Hound Partners
New York
|
+$315M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$206M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$102M |
| 5 |
Morgan Stanley
New York
|
+$87.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$111M |
| 2 |
Renaissance Technologies
New York
|
-$94.3M |
| 3 |
Two Sigma Advisers
New York
|
-$84.7M |
| 4 |
IIM
Ivory Investment Management
New York
|
-$81.7M |
| 5 |
Goldman Sachs
New York
|
-$78.9M |
EXPE Hedge Fund Activity: Q2 2017 in Review
590 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q2 2017, worth a combined $19.2B — up 23% from $15.6B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new EXPE positions and 47 closed out — a net gain of 43 holders — while 210 added to existing stakes and 202 trimmed.
The largest buyer was Lone Pine Capital, adding an estimated $337M. The largest seller was Wellington Management Group, cutting an estimated $111M.
- 590 institutional investors held Expedia Group (EXPE) as of Q2 2017, up from 549 in Q1 2017.
- Funds reported $19.2B of Expedia Group stock for Q2 2017, up 23% quarter-over-quarter.
- 90 funds opened new Expedia Group positions in Q2 2017 and 47 closed out, a net change of +43 holders.
- The largest Expedia Group buyer in Q2 2017 was Lone Pine Capital, an estimated $337M added.
- The largest Expedia Group seller in Q2 2017 was Wellington Management Group, an estimated $111M sold.
Based on aggregated 13F filings for Q2 2017.