MakeMyTrip
MMYT
90 hedge funds and large institutions have $600M invested in MakeMyTrip in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 40 increasing their positions, 23 reducing their positions, and 8 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 23
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
0% more funds holding
Funds holding: 90 → 90 (0)
5% less capital invested
Capital invested by funds: $629M → $600M (-$29.5M)
6.5% less ownership
Funds ownership: 67.97% → 61.47% (-6.5%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
98% less call options, than puts
Call options by funds: $629K | Put options by funds: $34.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.2M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$8.94M |
| 3 |
DI
Dalton Investments
Las Vegas,
Nevada
|
+$8.57M |
| 4 |
Lazard Asset Management
New York
|
+$8.18M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$6.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WFM Asia
Road Town, Tortola,
British Virgin Islands
|
-$48.5M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$25.6M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$9.66M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$8.76M |
| 5 |
NSRI
New Silk Road Investment
Singapore
|
-$3.47M |
MMYT Hedge Fund Activity: Q3 2020 in Review
90 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q3 2020, worth a combined $600M — down 4.7% from $629M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MMYT positions and 8 closed out — a net gain of 3 holders — while 40 added to existing stakes and 23 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $18.2M. The largest seller was WFM Asia, exiting entirely with an estimated $48.5M sold.
- 90 institutional investors held MakeMyTrip (MMYT) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $600M of MakeMyTrip stock for Q3 2020, down 4.7% quarter-over-quarter.
- 11 funds opened new MakeMyTrip positions in Q3 2020 and 8 closed out, a net change of +3 holders.
- The largest MakeMyTrip buyer in Q3 2020 was Fidelity Investments, an estimated $18.2M added.
- The largest MakeMyTrip seller in Q3 2020 was WFM Asia, an estimated $48.5M sold.
Based on aggregated 13F filings for Q3 2020.