MakeMyTrip
MMYT
53 hedge funds and large institutions have $564M invested in MakeMyTrip in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 9 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
10% more capital invested
Capital invested by funds: $513M → $564M (+$50.9M)
2% more funds holding
Funds holding: 52 → 53 (+1)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
16% less call options, than puts
Call options by funds: $197K | Put options by funds: $235K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$13M |
| 2 |
TI
Think Investments
San Francisco,
California
|
+$10.9M |
| 3 |
QF
QVT Financial
New York
|
+$8.7M |
| 4 |
Goldman Sachs
New York
|
+$6.08M |
| 5 |
SFM
Soros Fund Management
New York
|
+$5.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
-$7.13M |
| 2 |
SCH
Sylebra Capital (HK)
Hong Kong
|
-$7.09M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$5.9M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$4.76M |
| 5 |
GAMA
Graticule Asia Macro Advisors
New York
|
-$3.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wells Fargo
San Francisco,
California
| $1K | – | – | – |
|
52
BNP Paribas Financial Markets
Paris,
France
| $525 | -$1.67K | -93 | -76% |
|
53
Geode Capital Management
Boston,
Massachusetts
| $314 | +$18.9K | +1,056 | +6% |
|
|
PCM
54
Penserra Capital Management
Orinda,
California
| $96 | +$22.1K | +1,230 | +30% |
|
|
55
Fidelity International
Hamilton,
Bermuda
| – | -$5.9M | -343,900 | Closed |
|
|
GAMA
56
Graticule Asia Macro Advisors
New York
| – | -$3.86M | -225,000 | Closed |
|
|
TCIM
57
TIAA CREF Investment Management
New York
| – | -$3.45M | -201,309 | Closed |
|
58
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$879K | -51,198 | Closed |
|
|
PG
59
PEAK6 Group
Chicago,
Illinois
| – | -$562K | -32,769 | Closed |
|
60
Simplex Trading
Chicago,
Illinois
| – | -$368K | -21,493 | Closed |
|
|
CS
61
Credit Suisse
Zurich,
Switzerland
| – | -$327K | -19,093 | Closed |
|
62
Millennium Management
New York
| – | -$281K | -16,399 | Closed |
|
|
CG
63
Cutler Group
San Francisco,
California
| – | -$94.6K | -5,277 | Closed |
|
MMYT Hedge Fund Activity: Q1 2016 in Review
53 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q1 2016, worth a combined $564M — up 9.9% from $513M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MMYT positions and 9 closed out — a net gain of 1 holder — while 16 added to existing stakes and 17 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $13M. The largest seller was Foxhaven Asset Management, cutting an estimated $7.13M.
- 53 institutional investors held MakeMyTrip (MMYT) as of Q1 2016, up from 52 in Q4 2015.
- Funds reported $564M of MakeMyTrip stock for Q1 2016, up 9.9% quarter-over-quarter.
- 10 funds opened new MakeMyTrip positions in Q1 2016 and 9 closed out, a net change of +1 holder.
- The largest MakeMyTrip buyer in Q1 2016 was Wellington Management Group, an estimated $13M added.
- The largest MakeMyTrip seller in Q1 2016 was Foxhaven Asset Management, an estimated $7.13M sold.
Based on aggregated 13F filings for Q1 2016.