MakeMyTrip
MMYT
61 hedge funds and large institutions have $755M invested in MakeMyTrip in 2014 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 14 closing their positions.
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
10% more call options, than puts
Call options by funds: $1.61M | Put options by funds: $1.46M
7% more funds holding
Funds holding: 57 → 61 (+4)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
16% less capital invested
Capital invested by funds: $901M → $755M (-$146M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$25.2M |
| 2 |
CCI
Columbus Circle Investors
|
+$17.4M |
| 3 |
MGC
Merchants' Gate Capital
New York
|
+$8.98M |
| 4 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
+$5.95M |
| 5 |
JGC
J. Goldman & Co
New York
|
+$5.48M |
Top Sellers
| 1 |
Tiger Global Management
New York
|
-$10.4M |
| 2 |
VanEck Associates
New York
|
-$9.39M |
| 3 |
ICP
Indus Capital Partners
New York
|
-$7.67M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$6.98M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$2.3M |
MMYT Hedge Fund Activity: Q3 2014 in Review
61 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q3 2014, worth a combined $755M — down 16% from $901M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MMYT positions and 14 closed out — a net gain of 4 holders — while 19 added to existing stakes and 21 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $25.2M. The largest seller was Tiger Global Management, cutting an estimated $10.4M.
- 61 institutional investors held MakeMyTrip (MMYT) as of Q3 2014, up from 57 in Q2 2014.
- Funds reported $755M of MakeMyTrip stock for Q3 2014, down 16% quarter-over-quarter.
- 18 funds opened new MakeMyTrip positions in Q3 2014 and 14 closed out, a net change of +4 holders.
- The largest MakeMyTrip buyer in Q3 2014 was T. Rowe Price Associates, an estimated $25.2M added.
- The largest MakeMyTrip seller in Q3 2014 was Tiger Global Management, an estimated $10.4M sold.
Based on aggregated 13F filings for Q3 2014.