D-Market Electronic Services & Trading
HEPS
36 hedge funds and large institutions have $26M invested in D-Market Electronic Services & Trading in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 9 closing their positions.
0.96% less ownership
Funds ownership: 7.79% → 6.83% (-0.96%)
10% less funds holding
Funds holding: 40 → 36 (-4)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
31% less capital invested
Capital invested by funds: $37.4M → $26M (-$11.5M)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.25M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$386K |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
+$142K |
| 4 |
BBA
Baader Bank Aktiengesellschaft
Unterschleissheim,
Germany
|
+$56.8K |
| 5 |
CF
Cantor Fitzgerald
New York
|
+$49.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.63M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$936K |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$572K |
| 4 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
-$336K |
| 5 |
Swedbank
Stockholm,
Sweden
|
-$320K |
HEPS Hedge Fund Activity: Q3 2023 in Review
36 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in D-Market Electronic Services & Trading (HEPS) for Q3 2023, worth a combined $26M — down 31% from $37.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of HEPS and 5 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 11 added.
The largest buyer was Millennium Management, adding an estimated $1.25M. The largest seller was BlackRock, cutting an estimated $2.63M.
- 36 institutional investors held D-Market Electronic Services & Trading (HEPS) as of Q3 2023, down from 40 in Q2 2023.
- Funds reported $26M of D-Market Electronic Services & Trading stock for Q3 2023, down 31% quarter-over-quarter.
- 5 funds opened new D-Market Electronic Services & Trading positions in Q3 2023 and 9 closed out, a net change of -4 holders.
- The largest D-Market Electronic Services & Trading buyer in Q3 2023 was Millennium Management, an estimated $1.25M added.
- The largest D-Market Electronic Services & Trading seller in Q3 2023 was BlackRock, an estimated $2.63M sold.
Based on aggregated 13F filings for Q3 2023.