MakeMyTrip
MMYT
52 hedge funds and large institutions have $513M invested in MakeMyTrip in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 10 reducing their positions, and 11 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 10
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
19% more capital invested
Capital invested by funds: $431M → $513M (+$82.3M)
5% less funds holding
Funds holding: 55 → 52 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
31% less call options, than puts
Call options by funds: $1.21M | Put options by funds: $1.75M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.68M |
| 2 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$5.01M |
| 3 |
WA
WFM Asia
Road Town, Tortola,
British Virgin Islands
|
+$4.36M |
| 4 |
SFM
Soros Fund Management
New York
|
+$3.96M |
| 5 |
GAMA
Graticule Asia Macro Advisors
New York
|
+$3.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$23.2M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$5.41M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$4.59M |
| 4 |
Morgan Stanley
New York
|
-$4.27M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
51
MSI Financial Services
Springfield,
Massachusetts
| $2K | – | – | – |
|
52
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
53
Wells Fargo
San Francisco,
California
| $1K | – | – | – |
|
|
54
Massachusetts Financial Services
Boston,
Massachusetts
| – | -$5.41M | -393,332 | Closed |
|
55
Alyeska Investment Group
Chicago,
Illinois
| – | -$3M | -217,987 | Closed |
|
|
MCM
56
Marsico Capital Management
Denver,
Colorado
| – | -$2.97M | -216,117 | Closed |
|
57
Baillie Gifford & Co
Edinburgh,
United Kingdom
| – | -$2.79M | -202,748 | Closed |
|
|
HCM
58
Highbridge Capital Management
New York
| – | -$1.48M | -89,696 | Closed |
|
59
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$1.11M | -80,671 | Closed |
|
60
Walleye Trading
New York
| – | -$1.21M | -73,415 | Closed |
|
61
Neuberger Berman Group
New York
| – | -$263K | -19,155 | Closed |
|
62
TD Asset Management
Toronto,
Ontario, Canada
| – | -$242K | -17,600 | Closed |
|
63
Citadel Advisors
Miami,
Florida
| – | -$169K | -12,322 | Closed |
|
|
ICP
64
Indus Capital Partners
New York
| – | -$73K | -5,292 | Closed |
|
MMYT Hedge Fund Activity: Q4 2015 in Review
52 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q4 2015, worth a combined $513M — up 19% from $431M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MMYT and 8 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 22 added.
The largest buyer was Fidelity Investments, adding an estimated $8.68M. The largest seller was T. Rowe Price Associates, cutting an estimated $23.2M.
- 52 institutional investors held MakeMyTrip (MMYT) as of Q4 2015, down from 55 in Q3 2015.
- Funds reported $513M of MakeMyTrip stock for Q4 2015, up 19% quarter-over-quarter.
- 8 funds opened new MakeMyTrip positions in Q4 2015 and 11 closed out, a net change of -3 holders.
- The largest MakeMyTrip buyer in Q4 2015 was Fidelity Investments, an estimated $8.68M added.
- The largest MakeMyTrip seller in Q4 2015 was T. Rowe Price Associates, an estimated $23.2M sold.
Based on aggregated 13F filings for Q4 2015.