MakeMyTrip
MMYT
72 hedge funds and large institutions have $658M invested in MakeMyTrip in 2015 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 17 reducing their positions, and 16 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 17
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
2% more call options, than puts
Call options by funds: $1.49M | Put options by funds: $1.45M
3% less funds holding
Funds holding: 74 → 72 (-2)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
14% less capital invested
Capital invested by funds: $769M → $658M (-$111M)
Top Buyers
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$15.3M |
| 2 |
SCH
Sylebra Capital (HK)
Hong Kong
|
+$14M |
| 3 |
WA
WFM Asia
Road Town, Tortola,
British Virgin Islands
|
+$13.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$8.53M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$7.96M |
Top Sellers
| 1 |
Tiger Global Management
New York
|
-$41.5M |
| 2 |
CCI
Columbus Circle Investors
|
-$18.9M |
| 3 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$7.13M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$5.72M |
| 5 |
QF
QVT Financial
New York
|
-$3.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPM
76
Symmetry Peak Management
Radnor,
Pennsylvania
| – | -$1.6M | -61,400 | Closed |
|
|
NVCHI
77
New Vernon Capital Holdings II
Morristown,
New Jersey
| – | -$1.26M | -48,418 | Closed |
|
|
CSS
78
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$630K | -24,223 | Closed |
|
|
FMT
79
First Mercantile Trust
Cordova,
Tennessee
| – | -$431K | -16,600 | Closed |
|
80
JP Morgan Chase
New York
| – | -$282K | -10,852 | Closed |
|
|
HCM
81
Highbridge Capital Management
New York
| – | -$205K | -8,406 | Closed |
|
|
CT
82
Cambridge Trust
Cambridge,
Massachusetts
| – | -$215K | -8,290 | Closed |
|
83
Goldman Sachs
New York
| – | -$205K | -7,903 | Closed |
|
|
TI
84
Turner Investments
Berwyn,
Pennsylvania
| – | -$73K | -2,800 | Closed |
|
85
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$18K | -687 | Closed |
|
86
Envestnet Asset Management
Chicago,
Illinois
| – | -$6K | -218 | Closed |
|
87
Simplex Trading
Chicago,
Illinois
| – | -$2.85K | -117 | Closed |
|
88
Group One Trading
Chicago,
Illinois
| – | -$1K | -26 | Closed |
|
MMYT Hedge Fund Activity: Q1 2015 in Review
72 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q1 2015, worth a combined $658M — down 14% from $769M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of MMYT and 14 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 27 added.
The largest buyer was Wasatch Advisors, adding an estimated $15.3M. The largest seller was Tiger Global Management, cutting an estimated $41.5M.
- 72 institutional investors held MakeMyTrip (MMYT) as of Q1 2015, down from 74 in Q4 2014.
- Funds reported $658M of MakeMyTrip stock for Q1 2015, down 14% quarter-over-quarter.
- 14 funds opened new MakeMyTrip positions in Q1 2015 and 16 closed out, a net change of -2 holders.
- The largest MakeMyTrip buyer in Q1 2015 was Wasatch Advisors, an estimated $15.3M added.
- The largest MakeMyTrip seller in Q1 2015 was Tiger Global Management, an estimated $41.5M sold.
Based on aggregated 13F filings for Q1 2015.