Groupon
GRPN
200 hedge funds and large institutions have $3B invested in Groupon in 2014 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 76 increasing their positions, 60 reducing their positions, and 44 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 60
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
4% less funds holding
Funds holding: 208 → 200 (-8)
18% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 44
19% less call options, than puts
Call options by funds: $89.8M | Put options by funds: $111M
21% less capital invested
Capital invested by funds: $3.81B → $3B (-$803M)
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$75.4M |
| 2 |
TCSAM
Tyrus Capital S.A.M.
Monaco
|
+$45.8M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$43.9M |
| 4 |
JP
Jana Partners
New York
|
+$40.9M |
| 5 |
Renaissance Technologies
New York
|
+$29.1M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$253M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$127M |
| 3 |
AWG
Alpha Wave Global
New York
|
-$64.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$19.9M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$14.8M |
GRPN Hedge Fund Activity: Q2 2014 in Review
200 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Groupon (GRPN) for Q2 2014, worth a combined $3B — down 21% from $3.81B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of GRPN and 36 opened new positions — a net loss of 8 holders — while 60 trimmed existing stakes and 76 added.
The largest buyer was Fidelity Investments, adding an estimated $75.4M. The largest seller was Morgan Stanley, cutting an estimated $253M.
- 200 institutional investors held Groupon (GRPN) as of Q2 2014, down from 208 in Q1 2014.
- Funds reported $3B of Groupon stock for Q2 2014, down 21% quarter-over-quarter.
- 36 funds opened new Groupon positions in Q2 2014 and 44 closed out, a net change of -8 holders.
- The largest Groupon buyer in Q2 2014 was Fidelity Investments, an estimated $75.4M added.
- The largest Groupon seller in Q2 2014 was Morgan Stanley, an estimated $253M sold.
Based on aggregated 13F filings for Q2 2014.