MakeMyTrip
MMYT
139 hedge funds and large institutions have $2.07B invested in MakeMyTrip in 2023 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 44 increasing their positions, 49 reducing their positions, and 13 closing their positions.
414% more call options, than puts
Call options by funds: $5M | Put options by funds: $972K
177% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 13
65% more capital invested
Capital invested by funds: $1.26B → $2.07B (+$814M)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
17% more funds holding
Funds holding: 119 → 139 (+20)
5.83% more ownership
Funds ownership: 71.22% → 77.06% (+5.8%)
10% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$72.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$71.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$33.2M |
| 4 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$28.3M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$24.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$36.4M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$32.6M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$22M |
| 4 |
KCP
Kaizen Capital Partners
Central,
Hong Kong
|
-$19M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$14.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Bessemer Group
Woodbridge,
New Jersey
| – | -$44K | -1,624 | Closed |
|
152
RhumbLine Advisers
Boston,
Massachusetts
| – | -$21.6K | -800 | Closed |
|
MMYT Hedge Fund Activity: Q3 2023 in Review
139 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q3 2023, worth a combined $2.07B — up 65% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MMYT positions and 13 closed out — a net gain of 23 holders — while 44 added to existing stakes and 49 trimmed.
The largest buyer was Artisan Partners, opening a new position worth an estimated $72.7M. The largest seller was Coronation Fund Managers, cutting an estimated $36.4M.
- 139 institutional investors held MakeMyTrip (MMYT) as of Q3 2023, up from 119 in Q2 2023.
- Funds reported $2.07B of MakeMyTrip stock for Q3 2023, up 65% quarter-over-quarter.
- 36 funds opened new MakeMyTrip positions in Q3 2023 and 13 closed out, a net change of +23 holders.
- The largest MakeMyTrip buyer in Q3 2023 was Artisan Partners, an estimated $72.7M added.
- The largest MakeMyTrip seller in Q3 2023 was Coronation Fund Managers, an estimated $36.4M sold.
Based on aggregated 13F filings for Q3 2023.