MakeMyTrip
MMYT
87 hedge funds and large institutions have $1.32B invested in MakeMyTrip in 2017 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 28 increasing their positions, 22 reducing their positions, and 9 closing their positions.
1,344% more call options, than puts
Call options by funds: $1.72M | Put options by funds: $119K
278% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 9
56% more capital invested
Capital invested by funds: $842M → $1.32B (+$475M)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
30% more funds holding
Funds holding: 67 → 87 (+20)
27% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 22
0.07% less ownership
Funds ownership: 73.67% → 73.6% (-0.07%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$74.8M |
| 2 |
JCG
JHL Capital Group
Chicago,
Illinois
|
+$40.1M |
| 3 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$24.6M |
| 4 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
+$21.1M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$53.5M |
| 2 |
TI
Think Investments
San Francisco,
California
|
-$26.8M |
| 3 |
FI
Fosun International
Hong Kong,
China
|
-$26.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$24.7M |
| 5 |
WA
WFM Asia
Road Town, Tortola,
British Virgin Islands
|
-$20.1M |
MMYT Hedge Fund Activity: Q1 2017 in Review
87 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q1 2017, worth a combined $1.32B — up 56% from $842M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new MMYT positions and 9 closed out — a net gain of 25 holders — while 28 added to existing stakes and 22 trimmed.
The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $74.8M. The largest seller was Ruane, Cunniff & Goldfarb, exiting entirely with an estimated $53.5M sold.
- 87 institutional investors held MakeMyTrip (MMYT) as of Q1 2017, up from 67 in Q4 2016.
- Funds reported $1.32B of MakeMyTrip stock for Q1 2017, up 56% quarter-over-quarter.
- 34 funds opened new MakeMyTrip positions in Q1 2017 and 9 closed out, a net change of +25 holders.
- The largest MakeMyTrip buyer in Q1 2017 was Baillie Gifford & Co, an estimated $74.8M added.
- The largest MakeMyTrip seller in Q1 2017 was Ruane, Cunniff & Goldfarb, an estimated $53.5M sold.
Based on aggregated 13F filings for Q1 2017.