Groupon
GRPN
97 hedge funds and large institutions have $76M invested in Groupon in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 28 reducing their positions, and 27 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 28
11% less funds holding
Funds holding: 109 → 97 (-12)
11.25% less ownership
Funds ownership: 69.99% → 58.74% (-11%)
26% less call options, than puts
Call options by funds: $5.21M | Put options by funds: $7.04M
44% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 27
58% less capital invested
Capital invested by funds: $182M → $76M (-$106M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$2.19M |
| 2 |
Two Sigma Investments
New York
|
+$1.84M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.23M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.18M |
| 5 |
SAM
Soviero Asset Management
New York
|
+$977K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFM
RPD Fund Management
New York
|
-$13.3M |
| 2 |
Morgan Stanley
New York
|
-$9.42M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$8.54M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.9M |
| 5 |
SRFM
Shannon River Fund Management
New York
|
-$1.84M |
GRPN Hedge Fund Activity: Q1 2023 in Review
97 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Groupon (GRPN) for Q1 2023, worth a combined $76M — down 58% from $182M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of GRPN and 15 opened new positions — a net loss of 12 holders — while 28 trimmed existing stakes and 32 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $2.19M. The largest seller was RPD Fund Management, exiting entirely with an estimated $13.3M sold.
- 97 institutional investors held Groupon (GRPN) as of Q1 2023, down from 109 in Q4 2022.
- Funds reported $76M of Groupon stock for Q1 2023, down 58% quarter-over-quarter.
- 15 funds opened new Groupon positions in Q1 2023 and 27 closed out, a net change of -12 holders.
- The largest Groupon buyer in Q1 2023 was Renaissance Technologies, an estimated $2.19M added.
- The largest Groupon seller in Q1 2023 was RPD Fund Management, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2023.