Expedia Group
EXPE
622 hedge funds and large institutions have $13.2B invested in Expedia Group in 2018 Q4 according to their latest regulatory filings, with 93 funds opening new positions, 209 increasing their positions, 222 reducing their positions, and 68 closing their positions.
37% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 68
23% more call options, than puts
Call options by funds: $827M | Put options by funds: $673M
3% more funds holding
Funds holding: 604 → 622 (+18)
6% less repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 222
1.88% less ownership
Funds ownership: 88.03% → 86.15% (-1.9%)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
16% less capital invested
Capital invested by funds: $15.7B → $13.2B (-$2.47B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$153M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$147M |
| 3 |
JP Morgan Chase
New York
|
+$131M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$66.5M |
| 5 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$51.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$391M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$212M |
| 3 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$93.8M |
| 4 |
Goldman Sachs
New York
|
-$57.5M |
| 5 |
Neuberger Berman Group
New York
|
-$57.3M |
EXPE Hedge Fund Activity: Q4 2018 in Review
622 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q4 2018, worth a combined $13.2B — down 16% from $15.7B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new EXPE positions and 68 closed out — a net gain of 25 holders — while 209 added to existing stakes and 222 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $153M. The largest seller was Senator Investment Group, exiting entirely with an estimated $391M sold.
- 622 institutional investors held Expedia Group (EXPE) as of Q4 2018, up from 604 in Q3 2018.
- Funds reported $13.2B of Expedia Group stock for Q4 2018, down 16% quarter-over-quarter.
- 93 funds opened new Expedia Group positions in Q4 2018 and 68 closed out, a net change of +25 holders.
- The largest Expedia Group buyer in Q4 2018 was Renaissance Technologies, an estimated $153M added.
- The largest Expedia Group seller in Q4 2018 was Senator Investment Group, an estimated $391M sold.
Based on aggregated 13F filings for Q4 2018.