Groupon
GRPN
208 hedge funds and large institutions have $3.81B invested in Groupon in 2014 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 78 increasing their positions, 62 reducing their positions, and 64 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 62
8% less funds holding
Funds holding: 227 → 208 (-19)
27% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 64
28% less call options, than puts
Call options by funds: $88.3M | Put options by funds: $123M
32% less capital invested
Capital invested by funds: $5.57B → $3.81B (-$1.76B)
50% less funds holding in top 10
Funds holding in top 10: 16 → 8 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$300M |
| 2 |
CG
Carmignac Gestion
Paris,
France
|
+$173M |
| 3 |
JP
Jana Partners
New York
|
+$94.8M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
+$70M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$64.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$150M |
| 2 |
IIS
Ignis Investment Services
Edinburgh,
United Kingdom
|
-$143M |
| 3 |
Tiger Global Management
New York
|
-$135M |
| 4 |
Alkeon Capital Management
New York
|
-$94.1M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$90.1M |
GRPN Hedge Fund Activity: Q1 2014 in Review
208 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Groupon (GRPN) for Q1 2014, worth a combined $3.81B — down 32% from $5.57B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of GRPN and 47 opened new positions — a net loss of 17 holders — while 62 trimmed existing stakes and 78 added.
The largest buyer was Fidelity Investments, adding an estimated $300M. The largest seller was T. Rowe Price Associates, cutting an estimated $150M.
- 208 institutional investors held Groupon (GRPN) as of Q1 2014, down from 227 in Q4 2013.
- Funds reported $3.81B of Groupon stock for Q1 2014, down 32% quarter-over-quarter.
- 47 funds opened new Groupon positions in Q1 2014 and 64 closed out, a net change of -17 holders.
- The largest Groupon buyer in Q1 2014 was Fidelity Investments, an estimated $300M added.
- The largest Groupon seller in Q1 2014 was T. Rowe Price Associates, an estimated $150M sold.
Based on aggregated 13F filings for Q1 2014.