Groupon
GRPN
216 hedge funds and large institutions have $1.82B invested in Groupon in 2017 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 68 increasing their positions, 49 reducing their positions, and 24 closing their positions.
188% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 24
57% more call options, than puts
Call options by funds: $22.7M | Put options by funds: $14.4M
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
39% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 49
26% more funds holding
Funds holding: 172 → 216 (+44)
3% more capital invested
Capital invested by funds: $1.77B → $1.82B (+$55.8M)
0.14% more ownership
Funds ownership: 3.05% → 3.2% (+0.14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$44.1M |
| 2 |
MC
MIG Capital
Newport Beach,
California
|
+$40.5M |
| 3 |
Millennium Management
New York
|
+$34.6M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$32M |
| 5 |
JP Morgan Chase
New York
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$70.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$59.3M |
| 3 |
EAM
EastBay Asset Management
New York
|
-$25.9M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$23.4M |
| 5 |
Goldman Sachs
New York
|
-$13.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Bessemer Group
Woodbridge,
New Jersey
| – | -$240K | -2,304 | Closed |
|
|
GT
227
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$187K | -1,800 | Closed |
|
|
PV
228
Private Vista
Chicago,
Illinois
| – | -$77K | -741 | Closed |
|
|
LOAME
229
Lombard Odier Asset Management (Europe)
London,
United Kingdom
| – | -$69K | -667 | Closed |
|
|
SKK
230
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$63K | -625 | Closed |
|
|
AA
231
Apriem Advisors
Irvine,
California
| – | -$57K | -550 | Closed |
|
232
Simplex Trading
Chicago,
Illinois
| – | -$28.4K | -270 | Closed |
|
|
BL
233
Balentine LLC
Atlanta,
Georgia
| – | -$26K | -250 | Closed |
|
|
WAM
234
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$8K | -76 | Closed |
|
|
IA
235
IFP Advisors
Tampa,
Florida
| – | -$4K | -40 | Closed |
|
|
VNA
236
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$3K | -34 | Closed |
|
|
TRCT
237
Tower Research Capital (TRC)
New York
| – | -$2K | -20 | Closed |
|
|
WCM
238
Whitener Capital Management
Rocky Mount,
North Carolina
| – | +$526 | +5 | New |
|
GRPN Hedge Fund Activity: Q4 2017 in Review
216 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Groupon (GRPN) for Q4 2017, worth a combined $1.82B — up 3.2% from $1.77B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new GRPN positions and 24 closed out — a net gain of 45 holders — while 68 added to existing stakes and 49 trimmed.
The largest buyer was Jericho Capital Asset Management, adding an estimated $44.1M. The largest seller was Citadel Advisors, exiting entirely with an estimated $70.6M sold.
- 216 institutional investors held Groupon (GRPN) as of Q4 2017, up from 172 in Q3 2017.
- Funds reported $1.82B of Groupon stock for Q4 2017, up 3.2% quarter-over-quarter.
- 69 funds opened new Groupon positions in Q4 2017 and 24 closed out, a net change of +45 holders.
- The largest Groupon buyer in Q4 2017 was Jericho Capital Asset Management, an estimated $44.1M added.
- The largest Groupon seller in Q4 2017 was Citadel Advisors, an estimated $70.6M sold.
Based on aggregated 13F filings for Q4 2017.