MakeMyTrip
MMYT
94 hedge funds and large institutions have $1.19B invested in MakeMyTrip in 2017 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 24 reducing their positions, and 30 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 24
3.44% more ownership
Funds ownership: 75.23% → 78.67% (+3.4%)
10% less capital invested
Capital invested by funds: $1.33B → $1.19B (-$135M)
12% less funds holding
Funds holding: 107 → 94 (-13)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
40% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 30
57% less call options, than puts
Call options by funds: $1.69M | Put options by funds: $3.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
+$22.2M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$18.9M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$18.7M |
| 4 |
Morgan Stanley
New York
|
+$15.7M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Soros Fund Management
New York
|
-$28.3M |
| 2 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
-$15.9M |
| 3 |
JCG
JHL Capital Group
Chicago,
Illinois
|
-$10.4M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$10.1M |
| 5 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
-$9.03M |
MMYT Hedge Fund Activity: Q3 2017 in Review
94 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q3 2017, worth a combined $1.19B — down 10% from $1.33B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of MMYT and 18 opened new positions — a net loss of 12 holders — while 24 trimmed existing stakes and 39 added.
The largest buyer was Marshall Wace Asia, adding an estimated $22.2M. The largest seller was Soros Fund Management, cutting an estimated $28.3M.
- 94 institutional investors held MakeMyTrip (MMYT) as of Q3 2017, down from 107 in Q2 2017.
- Funds reported $1.19B of MakeMyTrip stock for Q3 2017, down 10% quarter-over-quarter.
- 18 funds opened new MakeMyTrip positions in Q3 2017 and 30 closed out, a net change of -12 holders.
- The largest MakeMyTrip buyer in Q3 2017 was Marshall Wace Asia, an estimated $22.2M added.
- The largest MakeMyTrip seller in Q3 2017 was Soros Fund Management, an estimated $28.3M sold.
Based on aggregated 13F filings for Q3 2017.