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Groupon

202 hedge funds and large institutions have $1.22B invested in Groupon in 2018 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 69 increasing their positions, 62 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

340% more call options, than puts

Call options by funds: $19.9M | Put options by funds: $4.52M

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

11% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 62

0.06% more ownership

Funds ownership: 3.41%3.47% (+0.06%)

7% less funds holding

Funds holding: 218202 (-16)

16% less capital invested

Capital invested by funds: $1.46B → $1.22B (-$238M)

36% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 44

Holders
202
Holders Change
-16
Holders Change %
-7.34%
% of All Funds
4.5%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.16%
New
28
Increased
69
Reduced
62
Closed
44
Calls
$19.9M
Puts
$4.52M
Net Calls
+$15.3M
Net Calls Change
-$13.6M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
1
PAR Capital Management
Massachusetts
$159M +$137M +2,133,381 +614%
Vanguard Group
2
Vanguard Group
Pennsylvania
$129M +$3.88M +60,280 +3%
AG
3
Alibaba Group
Hong Kong
$106M
BlackRock
4
BlackRock
New York
$97.7M +$2.89M +44,951 +3%
First Trust Advisors
5
First Trust Advisors
Illinois
$65.2M -$10.3M -160,376 -14%
PCP
6
P2 Capital Partners
New York
$59.4M +$871K +13,539 +1%
MC
7
MIG Capital
California
$54.4M +$4M +62,078 +8%
TCIM
8
TIAA CREF Investment Management
New York
$38.5M +$1.81M +28,181 +5%
State Street
9
State Street
Massachusetts
$34.9M -$879K -13,657 -2%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$27.9M +$5.23M +81,319 +23%
Wells Fargo
11
Wells Fargo
California
$25.2M +$509K +7,908 +2%
Bank of America
12
Bank of America
North Carolina
$24.3M +$1.36M +21,099 +6%
ICM
13
Indaba Capital Management
California
$23.9M +$24M +373,232 New
Morgan Stanley
14
Morgan Stanley
New York
$22.7M +$1.75M +27,218 +8%
SC
15
Sessa Capital
New York
$22.2M -$4.28M -66,471 -16%
FCM
16
Freshford Capital Management
New York
$20.4M +$20.5M +318,416 New
UM
17
Ulysses Management
New York
$19.4M +$995K +15,465 +5%
Northern Trust
18
Northern Trust
Illinois
$18.1M +$81.6K +1,268 +0.5%
Norges Bank
19
Norges Bank
Norway
$17.7M
Geode Capital Management
20
Geode Capital Management
Massachusetts
$15.3M +$1.05M +16,306 +7%
Goldman Sachs
21
Goldman Sachs
New York
$11.9M +$5.31M +82,462 +80%
Charles Schwab
22
Charles Schwab
California
$11.6M +$288K +4,474 +3%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$11.1M +$460K +7,142 +4%
TA
24
Teachers Advisors
New York
$11.1M -$10.8M -168,539 -49%
PA
25
Pinnacle Associates
New York
$10.7M -$713K -11,078 -6%

GRPN Hedge Fund Activity: Q4 2018 in Review

202 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Groupon (GRPN) for Q4 2018, worth a combined $1.22B — down 16% from $1.46B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of GRPN and 28 opened new positions — a net loss of 16 holders — while 62 trimmed existing stakes and 69 added.

The largest buyer was PAR Capital Management, adding an estimated $137M. The largest seller was Fidelity Investments, exiting entirely with an estimated $55.7M sold.

  • 202 institutional investors held Groupon (GRPN) as of Q4 2018, down from 218 in Q3 2018.
  • Funds reported $1.22B of Groupon stock for Q4 2018, down 16% quarter-over-quarter.
  • 28 funds opened new Groupon positions in Q4 2018 and 44 closed out, a net change of -16 holders.
  • The largest Groupon buyer in Q4 2018 was PAR Capital Management, an estimated $137M added.
  • The largest Groupon seller in Q4 2018 was Fidelity Investments, an estimated $55.7M sold.

Based on aggregated 13F filings for Q4 2018.