MakeMyTrip
MMYT
71 hedge funds and large institutions have $585M invested in MakeMyTrip in 2015 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 20 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
1% less funds holding
Funds holding: 72 → 71 (-1)
11% less capital invested
Capital invested by funds: $658M → $585M (-$73.7M)
17% less call options, than puts
Call options by funds: $4.15M | Put options by funds: $5.03M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
Fosun International
Hong Kong,
China
|
+$33.6M |
| 2 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$24.2M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$18.9M |
| 4 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
+$13.8M |
| 5 |
GC
GMT Capital
Atlanta,
Georgia
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$54.6M |
| 2 |
Tiger Global Management
New York
|
-$41.8M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$26.3M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.54M |
| 5 |
QF
QVT Financial
New York
|
-$6.33M |
MMYT Hedge Fund Activity: Q2 2015 in Review
71 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q2 2015, worth a combined $585M — down 11% from $658M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of MMYT and 19 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 23 added.
The largest buyer was Fosun International, opening a new position worth an estimated $33.6M. The largest seller was Wells Fargo, cutting an estimated $54.6M.
- 71 institutional investors held MakeMyTrip (MMYT) as of Q2 2015, down from 72 in Q1 2015.
- Funds reported $585M of MakeMyTrip stock for Q2 2015, down 11% quarter-over-quarter.
- 19 funds opened new MakeMyTrip positions in Q2 2015 and 20 closed out, a net change of -1 holder.
- The largest MakeMyTrip buyer in Q2 2015 was Fosun International, an estimated $33.6M added.
- The largest MakeMyTrip seller in Q2 2015 was Wells Fargo, an estimated $54.6M sold.
Based on aggregated 13F filings for Q2 2015.