MakeMyTrip
MMYT
96 hedge funds and large institutions have $513M invested in MakeMyTrip in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 29 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
2.23% more ownership
Funds ownership: 68.79% → 71.02% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
17% less funds holding
Funds holding: 115 → 96 (-19)
46% less capital invested
Capital invested by funds: $958M → $513M (-$445M)
48% less call options, than puts
Call options by funds: $826K | Put options by funds: $1.59M
59% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$21.3M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$18.9M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$13.8M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$6.29M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$6.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$23.5M |
| 2 |
WA
WFM Asia
Road Town, Tortola,
British Virgin Islands
|
-$13.8M |
| 3 |
Morgan Stanley
New York
|
-$9.83M |
| 4 |
Lazard Asset Management
New York
|
-$8.79M |
| 5 |
GC
GMT Capital
Atlanta,
Georgia
|
-$4.95M |
MMYT Hedge Fund Activity: Q1 2020 in Review
96 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q1 2020, worth a combined $513M — down 46% from $958M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of MMYT and 12 opened new positions — a net loss of 17 holders — while 31 trimmed existing stakes and 35 added.
The largest buyer was Nuveen, opening a new position worth an estimated $21.3M. The largest seller was Janus Henderson Group, exiting entirely with an estimated $23.5M sold.
- 96 institutional investors held MakeMyTrip (MMYT) as of Q1 2020, down from 115 in Q4 2019.
- Funds reported $513M of MakeMyTrip stock for Q1 2020, down 46% quarter-over-quarter.
- 12 funds opened new MakeMyTrip positions in Q1 2020 and 29 closed out, a net change of -17 holders.
- The largest MakeMyTrip buyer in Q1 2020 was Nuveen, an estimated $21.3M added.
- The largest MakeMyTrip seller in Q1 2020 was Janus Henderson Group, an estimated $23.5M sold.
Based on aggregated 13F filings for Q1 2020.