Expedia Group
EXPE
794 hedge funds and large institutions have $18.8B invested in Expedia Group in 2023 Q4 according to their latest regulatory filings, with 163 funds opening new positions, 226 increasing their positions, 311 reducing their positions, and 80 closing their positions.
104% more first-time investments, than exits
New positions opened: 163 | Existing positions closed: 80
46% more funds holding in top 10
Funds holding in top 10: 13 → 19 (+6)
40% more capital invested
Capital invested by funds: $13.5B → $18.8B (+$5.35B)
11% more funds holding
Funds holding: 718 → 794 (+76)
1.21% more ownership
Funds ownership: 91.87% → 93.08% (+1.2%)
4% less call options, than puts
Call options by funds: $938M | Put options by funds: $981M
27% less repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 311
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$521M |
| 2 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$192M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$188M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$71.5M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$56.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$903M |
| 2 |
Amundi
Paris,
France
|
-$491M |
| 3 |
Alkeon Capital Management
New York
|
-$158M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$71.8M |
| 5 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$58.1M |
EXPE Hedge Fund Activity: Q4 2023 in Review
794 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Expedia Group (EXPE) for Q4 2023, worth a combined $18.8B — up 40% from $13.5B a quarter earlier.
Buyers outnumbered sellers: 163 funds opened new EXPE positions and 80 closed out — a net gain of 83 holders — while 226 added to existing stakes and 311 trimmed.
The largest buyer was ValueAct Holdings, opening a new position worth an estimated $521M. The largest seller was Morgan Stanley, cutting an estimated $903M.
- 794 institutional investors held Expedia Group (EXPE) as of Q4 2023, up from 718 in Q3 2023.
- Funds reported $18.8B of Expedia Group stock for Q4 2023, up 40% quarter-over-quarter.
- 163 funds opened new Expedia Group positions in Q4 2023 and 80 closed out, a net change of +83 holders.
- The largest Expedia Group buyer in Q4 2023 was ValueAct Holdings, an estimated $521M added.
- The largest Expedia Group seller in Q4 2023 was Morgan Stanley, an estimated $903M sold.
Based on aggregated 13F filings for Q4 2023.