MakeMyTrip
MMYT
95 hedge funds and large institutions have $1.2B invested in MakeMyTrip in 2020 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 24 increasing their positions, 34 reducing their positions, and 17 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
138% more call options, than puts
Call options by funds: $8.69M | Put options by funds: $3.64M
101% more capital invested
Capital invested by funds: $600M → $1.2B (+$603M)
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
6% more funds holding
Funds holding: 90 → 95 (+5)
2.69% more ownership
Funds ownership: 61.47% → 64.16% (+2.7%)
29% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$50.6M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$26.1M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$21.1M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$14.2M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
+$9.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$21.1M |
| 2 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$20.5M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$13.3M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$10.1M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$8.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
D.E. Shaw & Co
New York
| – | -$257K | -16,712 | Closed |
|
|
CSS
102
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$243K | -15,815 | Closed |
|
103
Verition Fund Management
Greenwich,
Connecticut
| – | -$240K | -15,639 | Closed |
|
104
Northern Trust
Chicago,
Illinois
| – | -$197K | -12,843 | Closed |
|
105
Group One Trading
Chicago,
Illinois
| – | -$281K | -12,357 | Closed |
|
|
HIIFS
106
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
| – | -$13K | -871 | Closed |
|
|
CG
107
Cutler Group
San Francisco,
California
| – | -$6K | -400 | Closed |
|
|
HCA
108
Harbour Capital Advisors
Tysons Corner,
Virginia
| – | -$4.43K | -195 | -2% |
|
|
CFGS
109
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$2.07K | -91 | Closed |
|
MMYT Hedge Fund Activity: Q4 2020 in Review
95 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q4 2020, worth a combined $1.2B — up 101% from $600M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new MMYT positions and 17 closed out — a net gain of 5 holders — while 24 added to existing stakes and 34 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $50.6M. The largest seller was Massachusetts Financial Services, cutting an estimated $21.1M.
- 95 institutional investors held MakeMyTrip (MMYT) as of Q4 2020, up from 90 in Q3 2020.
- Funds reported $1.2B of MakeMyTrip stock for Q4 2020, up 101% quarter-over-quarter.
- 22 funds opened new MakeMyTrip positions in Q4 2020 and 17 closed out, a net change of +5 holders.
- The largest MakeMyTrip buyer in Q4 2020 was Fidelity Investments, an estimated $50.6M added.
- The largest MakeMyTrip seller in Q4 2020 was Massachusetts Financial Services, an estimated $21.1M sold.
Based on aggregated 13F filings for Q4 2020.