D-Market Electronic Services & Trading
HEPS
34 hedge funds and large institutions have $29.6M invested in D-Market Electronic Services & Trading in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 8 closing their positions.
75% more capital invested
Capital invested by funds: $16.9M → $29.6M (+$12.7M)
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.2% less ownership
Funds ownership: 7.97% → 6.77% (-1.2%)
3% less funds holding
Funds holding: 35 → 34 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hosking Partners
London,
United Kingdom
|
+$675K |
| 2 |
Morgan Stanley
New York
|
+$514K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$420K |
| 4 |
Millennium Management
New York
|
+$276K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Must Asset Management
Seoul,
South Korea
|
-$4.18M |
| 2 |
GIM
Genesis Investment Management
London,
United Kingdom
|
-$777K |
| 3 |
JP Morgan Chase
New York
|
-$626K |
| 4 |
Renaissance Technologies
New York
|
-$250K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$136K |
HEPS Hedge Fund Activity: Q1 2023 in Review
34 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in D-Market Electronic Services & Trading (HEPS) for Q1 2023, worth a combined $29.6M — up 75% from $16.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HEPS and 7 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 12 added.
The largest buyer was Hosking Partners, adding an estimated $675K. The largest seller was Must Asset Management, cutting an estimated $4.18M.
- 34 institutional investors held D-Market Electronic Services & Trading (HEPS) as of Q1 2023, down from 35 in Q4 2022.
- Funds reported $29.6M of D-Market Electronic Services & Trading stock for Q1 2023, up 75% quarter-over-quarter.
- 7 funds opened new D-Market Electronic Services & Trading positions in Q1 2023 and 8 closed out, a net change of -1 holder.
- The largest D-Market Electronic Services & Trading buyer in Q1 2023 was Hosking Partners, an estimated $675K added.
- The largest D-Market Electronic Services & Trading seller in Q1 2023 was Must Asset Management, an estimated $4.18M sold.
Based on aggregated 13F filings for Q1 2023.