Groupon
GRPN
194 hedge funds and large institutions have $1.38B invested in Groupon in 2019 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 63 increasing their positions, 58 reducing their positions, and 32 closing their positions.
229% more call options, than puts
Call options by funds: $14.7M | Put options by funds: $4.48M
13% more capital invested
Capital invested by funds: $1.22B → $1.38B (+$160M)
9% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 58
0.05% less ownership
Funds ownership: 3.47% → 3.42% (-0.05%)
4% less funds holding
Funds holding: 202 → 194 (-8)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
22% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$24.4M |
| 2 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$17.7M |
| 3 |
TA
Teachers Advisors
New York
|
+$11.6M |
| 4 |
Two Sigma Investments
New York
|
+$11.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$17.7M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$17.6M |
| 3 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$13.9M |
| 4 |
SC
Sessa Capital
New York
|
-$13.5M |
| 5 |
FCM
Freshford Capital Management
Rye Brook,
New York
|
-$8.47M |
GRPN Hedge Fund Activity: Q1 2019 in Review
194 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Groupon (GRPN) for Q1 2019, worth a combined $1.38B — up 13% from $1.22B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of GRPN and 25 opened new positions — a net loss of 7 holders — while 58 trimmed existing stakes and 63 added.
The largest buyer was Maverick Capital, opening a new position worth an estimated $24.4M. The largest seller was Bank of America, cutting an estimated $17.7M.
- 194 institutional investors held Groupon (GRPN) as of Q1 2019, down from 202 in Q4 2018.
- Funds reported $1.38B of Groupon stock for Q1 2019, up 13% quarter-over-quarter.
- 25 funds opened new Groupon positions in Q1 2019 and 32 closed out, a net change of -7 holders.
- The largest Groupon buyer in Q1 2019 was Maverick Capital, an estimated $24.4M added.
- The largest Groupon seller in Q1 2019 was Bank of America, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2019.