MakeMyTrip
MMYT
90 hedge funds and large institutions have $629M invested in MakeMyTrip in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 26 reducing their positions, and 15 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
31% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 26
23% more capital invested
Capital invested by funds: $513M → $629M (+$116M)
3.05% less ownership
Funds ownership: 71.02% → 67.97% (-3%)
6% less funds holding
Funds holding: 96 → 90 (-6)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
95% less call options, than puts
Call options by funds: $410K | Put options by funds: $8.03M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$10.9M |
| 2 |
Aviva
London,
United Kingdom
|
+$9.52M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$8M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$6.77M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$5.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
-$35.5M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
-$16M |
| 3 |
GTP
Global Thematic Partners
New York
|
-$9.82M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$6.31M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$5.42M |
MMYT Hedge Fund Activity: Q2 2020 in Review
90 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q2 2020, worth a combined $629M — up 23% from $513M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MMYT and 9 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 34 added.
The largest buyer was Nuveen, adding an estimated $10.9M. The largest seller was Sands Capital Management, exiting entirely with an estimated $35.5M sold.
- 90 institutional investors held MakeMyTrip (MMYT) as of Q2 2020, down from 96 in Q1 2020.
- Funds reported $629M of MakeMyTrip stock for Q2 2020, up 23% quarter-over-quarter.
- 9 funds opened new MakeMyTrip positions in Q2 2020 and 15 closed out, a net change of -6 holders.
- The largest MakeMyTrip buyer in Q2 2020 was Nuveen, an estimated $10.9M added.
- The largest MakeMyTrip seller in Q2 2020 was Sands Capital Management, an estimated $35.5M sold.
Based on aggregated 13F filings for Q2 2020.