Groupon
GRPN
198 hedge funds and large institutions have $1.65B invested in Groupon in 2018 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 73 increasing their positions, 64 reducing their positions, and 44 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 64
0.19% more ownership
Funds ownership: 3.2% → 3.39% (+0.19%)
5% less call options, than puts
Call options by funds: $6.55M | Put options by funds: $6.88M
8% less funds holding
Funds holding: 216 → 198 (-18)
9% less capital invested
Capital invested by funds: $1.82B → $1.65B (-$169M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
36% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
P2 Capital Partners
New York
|
+$38.8M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$34.7M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$26.7M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$23.4M |
| 5 |
Renaissance Technologies
New York
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$34.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.2M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$12.9M |
| 4 |
IPLA
Ice Pond Lane Advisers
New York
|
-$9.6M |
| 5 |
JCAM
Jericho Capital Asset Management
New York
|
-$9.41M |
GRPN Hedge Fund Activity: Q1 2018 in Review
198 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Groupon (GRPN) for Q1 2018, worth a combined $1.65B — down 9.3% from $1.82B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of GRPN and 28 opened new positions — a net loss of 16 holders — while 64 trimmed existing stakes and 73 added.
The largest buyer was P2 Capital Partners, opening a new position worth an estimated $38.8M. The largest seller was Millennium Management, exiting entirely with an estimated $34.1M sold.
- 198 institutional investors held Groupon (GRPN) as of Q1 2018, down from 216 in Q4 2017.
- Funds reported $1.65B of Groupon stock for Q1 2018, down 9.3% quarter-over-quarter.
- 28 funds opened new Groupon positions in Q1 2018 and 44 closed out, a net change of -16 holders.
- The largest Groupon buyer in Q1 2018 was P2 Capital Partners, an estimated $38.8M added.
- The largest Groupon seller in Q1 2018 was Millennium Management, an estimated $34.1M sold.
Based on aggregated 13F filings for Q1 2018.