Groupon
GRPN
172 hedge funds and large institutions have $1.77B invested in Groupon in 2017 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 38 increasing their positions, 66 reducing their positions, and 34 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
63% more call options, than puts
Call options by funds: $14.7M | Put options by funds: $9M
44% more capital invested
Capital invested by funds: $1.22B → $1.77B (+$542M)
0.21% more ownership
Funds ownership: 2.84% → 3.05% (+0.21%)
6% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 34
2% less funds holding
Funds holding: 175 → 172 (-3)
42% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$51.6M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$30M |
| 3 |
EAM
EastBay Asset Management
New York
|
+$20.6M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$13.3M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
NEA Management Company
Timonium,
Maryland
|
-$38.5M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$17.8M |
| 3 |
Renaissance Technologies
New York
|
-$14.7M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$9.44M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.37M |
GRPN Hedge Fund Activity: Q3 2017 in Review
172 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Groupon (GRPN) for Q3 2017, worth a combined $1.77B — up 44% from $1.22B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of GRPN and 32 opened new positions — a net loss of 2 holders — while 66 trimmed existing stakes and 38 added.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $51.6M. The largest seller was NEA Management Company, exiting entirely with an estimated $38.5M sold.
- 172 institutional investors held Groupon (GRPN) as of Q3 2017, down from 175 in Q2 2017.
- Funds reported $1.77B of Groupon stock for Q3 2017, up 44% quarter-over-quarter.
- 32 funds opened new Groupon positions in Q3 2017 and 34 closed out, a net change of -2 holders.
- The largest Groupon buyer in Q3 2017 was Jericho Capital Asset Management, an estimated $51.6M added.
- The largest Groupon seller in Q3 2017 was NEA Management Company, an estimated $38.5M sold.
Based on aggregated 13F filings for Q3 2017.