MakeMyTrip
MMYT
107 hedge funds and large institutions have $1.1B invested in MakeMyTrip in 2018 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 36 reducing their positions, and 28 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
2.07% more ownership
Funds ownership: 78.03% → 80.09% (+2.1%)
11% less funds holding
Funds holding: 120 → 107 (-13)
11% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 36
12% less capital invested
Capital invested by funds: $1.25B → $1.1B (-$147M)
33% less call options, than puts
Call options by funds: $1.22M | Put options by funds: $1.8M
46% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$17.9M |
| 2 |
NSRI
New Silk Road Investment
Singapore
|
+$17M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$15.3M |
| 4 |
TGA
Trilogy Global Advisors
Winter Park,
Florida
|
+$15.2M |
| 5 |
MWA
Marshall Wace Asia
Central,
Hong Kong
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$20.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.4M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$14.8M |
| 4 |
State Street
Boston,
Massachusetts
|
-$13.6M |
| 5 |
KCMH
Kontiki Capital Management (HK)
Hong Kong
|
-$11.8M |
MMYT Hedge Fund Activity: Q4 2018 in Review
107 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q4 2018, worth a combined $1.1B — down 12% from $1.25B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of MMYT and 15 opened new positions — a net loss of 13 holders — while 36 trimmed existing stakes and 32 added.
The largest buyer was Massachusetts Financial Services, adding an estimated $17.9M. The largest seller was William Blair Investment Management, cutting an estimated $20.6M.
- 107 institutional investors held MakeMyTrip (MMYT) as of Q4 2018, down from 120 in Q3 2018.
- Funds reported $1.1B of MakeMyTrip stock for Q4 2018, down 12% quarter-over-quarter.
- 15 funds opened new MakeMyTrip positions in Q4 2018 and 28 closed out, a net change of -13 holders.
- The largest MakeMyTrip buyer in Q4 2018 was Massachusetts Financial Services, an estimated $17.9M added.
- The largest MakeMyTrip seller in Q4 2018 was William Blair Investment Management, an estimated $20.6M sold.
Based on aggregated 13F filings for Q4 2018.