MakeMyTrip
MMYT
55 hedge funds and large institutions have $431M invested in MakeMyTrip in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 21 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
23% less funds holding
Funds holding: 71 → 55 (-16)
26% less capital invested
Capital invested by funds: $585M → $431M (-$153M)
62% less call options, than puts
Call options by funds: $2.04M | Put options by funds: $5.38M
71% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$18M |
| 2 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$16.4M |
| 3 |
SCH
Sylebra Capital (HK)
Hong Kong
|
+$13.7M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
+$13M |
| 5 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Darsana Capital Partners
New York
|
-$16M |
| 2 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$12.6M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$10.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.99M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$5.7M |
MMYT Hedge Fund Activity: Q3 2015 in Review
55 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q3 2015, worth a combined $431M — down 26% from $585M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MMYT and 6 opened new positions — a net loss of 15 holders — while 18 trimmed existing stakes and 24 added.
The largest buyer was Janus Henderson Investors US, adding an estimated $18M. The largest seller was Darsana Capital Partners, exiting entirely with an estimated $16M sold.
- 55 institutional investors held MakeMyTrip (MMYT) as of Q3 2015, down from 71 in Q2 2015.
- Funds reported $431M of MakeMyTrip stock for Q3 2015, down 26% quarter-over-quarter.
- 6 funds opened new MakeMyTrip positions in Q3 2015 and 21 closed out, a net change of -15 holders.
- The largest MakeMyTrip buyer in Q3 2015 was Janus Henderson Investors US, an estimated $18M added.
- The largest MakeMyTrip seller in Q3 2015 was Darsana Capital Partners, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2015.