MakeMyTrip
MMYT
57 hedge funds and large institutions have $901M invested in MakeMyTrip in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 10 closing their positions.
243% more call options, than puts
Call options by funds: $3.35M | Put options by funds: $976K
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
31% more capital invested
Capital invested by funds: $689M → $901M (+$212M)
16% more funds holding
Funds holding: 49 → 57 (+8)
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QF
QVT Financial
New York
|
+$36.4M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$6.45M |
| 3 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$5.39M |
| 4 |
VanEck Associates
New York
|
+$4.43M |
| 5 |
TCM
Tekne Capital Management
New York
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$15.9M |
| 2 |
FIG
Fortress Investment Group
New York
|
-$14.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$11.8M |
| 4 |
ICP
Indus Capital Partners
New York
|
-$7.37M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$5.72M |
MMYT Hedge Fund Activity: Q2 2014 in Review
57 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q2 2014, worth a combined $901M — up 31% from $689M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MMYT positions and 10 closed out — a net gain of 8 holders — while 16 added to existing stakes and 19 trimmed.
The largest buyer was QVT Financial, opening a new position worth an estimated $36.4M. The largest seller was Massachusetts Financial Services, cutting an estimated $15.9M.
- 57 institutional investors held MakeMyTrip (MMYT) as of Q2 2014, up from 49 in Q1 2014.
- Funds reported $901M of MakeMyTrip stock for Q2 2014, up 31% quarter-over-quarter.
- 18 funds opened new MakeMyTrip positions in Q2 2014 and 10 closed out, a net change of +8 holders.
- The largest MakeMyTrip buyer in Q2 2014 was QVT Financial, an estimated $36.4M added.
- The largest MakeMyTrip seller in Q2 2014 was Massachusetts Financial Services, an estimated $15.9M sold.
Based on aggregated 13F filings for Q2 2014.