Groupon
GRPN
206 hedge funds and large institutions have $3.72B invested in Groupon in 2014 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 55 increasing their positions, 65 reducing their positions, and 30 closing their positions.
103% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 30
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
17% more capital invested
Capital invested by funds: $3.19B → $3.72B (+$526M)
14% more funds holding
Funds holding: 181 → 206 (+25)
15% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 65
43% less call options, than puts
Call options by funds: $61.7M | Put options by funds: $108M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$137M |
| 2 |
CG
Carmignac Gestion
Paris,
France
|
+$96.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$62M |
| 4 |
Millennium Management
New York
|
+$45.3M |
| 5 |
CCM
Cadian Capital Management
New York
|
+$32.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
-$345M |
| 2 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
-$96.1M |
| 3 |
NMC
NEA Management Company
Timonium,
Maryland
|
-$72.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$32.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SHA
226
Smith Hayes Advisers
Lincoln,
Nebraska
| – | -$103K | -774 | Closed |
|
|
LCM
227
Laurion Capital Management
New York
| – | -$99K | -740 | Closed |
|
|
VNA
228
VNBTrust National Association
Charlottesville,
Virginia
| – | -$67K | -500 | Closed |
|
|
FRM
229
Fore Research & Management
New York
| – | -$33K | -250 | Closed |
|
|
TRCT
230
Tower Research Capital (TRC)
New York
| – | -$15K | -115 | Closed |
|
|
WA
231
WFG Advisors
Dallas,
Texas
| – | -$5K | -40 | Closed |
|
|
WEC
232
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$2.34K | -18 | Closed |
|
|
SSB
233
Sandy Spring Bank
Olney,
Maryland
| – | -$1K | -10 | Closed |
|
|
TFO
234
Tarbox Family Office
Newport Beach,
California
| – | -$142 | -1 | -33% |
|
235
SEI Investments
Oaks,
Pennsylvania
| – | +$284 | +2 | New |
|
GRPN Hedge Fund Activity: Q4 2014 in Review
206 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Groupon (GRPN) for Q4 2014, worth a combined $3.72B — up 17% from $3.19B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new GRPN positions and 30 closed out — a net gain of 31 holders — while 55 added to existing stakes and 65 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $137M. The largest seller was Jana Partners, exiting entirely with an estimated $345M sold.
- 206 institutional investors held Groupon (GRPN) as of Q4 2014, up from 181 in Q3 2014.
- Funds reported $3.72B of Groupon stock for Q4 2014, up 17% quarter-over-quarter.
- 61 funds opened new Groupon positions in Q4 2014 and 30 closed out, a net change of +31 holders.
- The largest Groupon buyer in Q4 2014 was Fidelity Investments, an estimated $137M added.
- The largest Groupon seller in Q4 2014 was Jana Partners, an estimated $345M sold.
Based on aggregated 13F filings for Q4 2014.