MakeMyTrip
MMYT
31 hedge funds and large institutions have $368M invested in MakeMyTrip in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
35% more capital invested
Capital invested by funds: $273M → $368M (+$94.6M)
24% more funds holding
Funds holding: 25 → 31 (+6)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$3.33M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$2.9M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$2.81M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.6M |
| 5 |
TCM
TCS Capital Management
New York
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$2.84M |
| 2 |
VanEck Associates
New York
|
-$1.47M |
| 3 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
-$1.39M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$578K |
| 5 |
Morgan Stanley
New York
|
-$509K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $31K | -$8.63K | -539 | -25% |
|
27
Citigroup
New York
| $26K | -$17.6K | -1,100 | -45% |
|
28
Citadel Advisors
Miami,
Florida
| $23K | -$32 | -2 | -0.2% |
|
29
Group One Trading
Chicago,
Illinois
| $17K | +$13.9K | +866 | New |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | -$16.9K | -1,056 | -81% |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
32
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$1.39M | -93,594 | Closed |
|
33
Renaissance Technologies
New York
| – | -$150K | -10,100 | Closed |
|
34
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$48K | -3,300 | Closed |
|
MMYT Hedge Fund Activity: Q4 2013 in Review
31 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q4 2013, worth a combined $368M — up 35% from $273M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MMYT positions and 3 closed out — a net gain of 6 holders — while 7 added to existing stakes and 12 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $3.33M. The largest seller was Grandeur Peak Global Advisors, cutting an estimated $2.84M.
- 31 institutional investors held MakeMyTrip (MMYT) as of Q4 2013, up from 25 in Q3 2013.
- Funds reported $368M of MakeMyTrip stock for Q4 2013, up 35% quarter-over-quarter.
- 9 funds opened new MakeMyTrip positions in Q4 2013 and 3 closed out, a net change of +6 holders.
- The largest MakeMyTrip buyer in Q4 2013 was Massachusetts Financial Services, an estimated $3.33M added.
- The largest MakeMyTrip seller in Q4 2013 was Grandeur Peak Global Advisors, an estimated $2.84M sold.
Based on aggregated 13F filings for Q4 2013.