Groupon
GRPN
192 hedge funds and large institutions have $1.06B invested in Groupon in 2016 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 51 increasing their positions, 68 reducing their positions, and 40 closing their positions.
2.78% more ownership
Funds ownership: 0% → 2.78% (+2.8%)
9% more call options, than puts
Call options by funds: $7.58M | Put options by funds: $6.93M
4% less funds holding
Funds holding: 201 → 192 (-9)
13% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 40
25% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 68
38% less capital invested
Capital invested by funds: $1.7B → $1.06B (-$648M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$17.5M |
| 2 |
Millennium Management
New York
|
+$8.2M |
| 3 |
MC
Menta Capital
San Francisco,
California
|
+$5.43M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$4.46M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$39.9M |
| 2 |
D.E. Shaw & Co
New York
|
-$19M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$14.9M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$12.5M |
| 5 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$10M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WC
226
Whitnell & Co
Oak Brook,
Illinois
| – | -$5K | -46 | Closed |
|
227
EARNEST Partners
Atlanta,
Georgia
| – | +$252 | +3 | New |
|
228
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$505 | +6 | New |
|
GRPN Hedge Fund Activity: Q4 2016 in Review
192 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Groupon (GRPN) for Q4 2016, worth a combined $1.06B — down 38% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of GRPN and 35 opened new positions — a net loss of 5 holders — while 68 trimmed existing stakes and 51 added.
The largest buyer was First Trust Advisors, adding an estimated $17.5M. The largest seller was Renaissance Technologies, cutting an estimated $39.9M.
- 192 institutional investors held Groupon (GRPN) as of Q4 2016, down from 201 in Q3 2016.
- Funds reported $1.06B of Groupon stock for Q4 2016, down 38% quarter-over-quarter.
- 35 funds opened new Groupon positions in Q4 2016 and 40 closed out, a net change of -5 holders.
- The largest Groupon buyer in Q4 2016 was First Trust Advisors, an estimated $17.5M added.
- The largest Groupon seller in Q4 2016 was Renaissance Technologies, an estimated $39.9M sold.
Based on aggregated 13F filings for Q4 2016.