Groupon
GRPN
153 hedge funds and large institutions have $760M invested in Groupon in 2020 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 35 increasing their positions, 40 reducing their positions, and 24 closing their positions.
131% more call options, than puts
Call options by funds: $70.6M | Put options by funds: $30.5M
116% more capital invested
Capital invested by funds: $352M → $760M (+$408M)
108% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 24
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
20% more funds holding
Funds holding: 127 → 153 (+26)
7.74% more ownership
Funds ownership: 61.76% → 69.5% (+7.7%)
13% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$36.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.9M |
| 3 |
PGM
Parian Global Management
Pound Ridge,
New York
|
+$12.1M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$11.2M |
| 5 |
IM
Islet Management
New York
|
+$8.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$19.2M |
| 2 |
Millennium Management
New York
|
-$13.1M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$6.12M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$5.03M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.93M |
GRPN Hedge Fund Activity: Q4 2020 in Review
153 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Groupon (GRPN) for Q4 2020, worth a combined $760M — up 116% from $352M a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new GRPN positions and 24 closed out — a net gain of 26 holders — while 35 added to existing stakes and 40 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $36.4M. The largest seller was PAR Capital Management, exiting entirely with an estimated $19.2M sold.
- 153 institutional investors held Groupon (GRPN) as of Q4 2020, up from 127 in Q3 2020.
- Funds reported $760M of Groupon stock for Q4 2020, up 116% quarter-over-quarter.
- 50 funds opened new Groupon positions in Q4 2020 and 24 closed out, a net change of +26 holders.
- The largest Groupon buyer in Q4 2020 was Penserra Capital Management, an estimated $36.4M added.
- The largest Groupon seller in Q4 2020 was PAR Capital Management, an estimated $19.2M sold.
Based on aggregated 13F filings for Q4 2020.