MakeMyTrip
MMYT
101 hedge funds and large institutions have $1B invested in MakeMyTrip in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 32 increasing their positions, 30 reducing their positions, and 15 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 30
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.02% less ownership
Funds ownership: 72.84% → 70.82% (-2%)
4% less funds holding
Funds holding: 105 → 101 (-4)
11% less capital invested
Capital invested by funds: $1.12B → $1B (-$121M)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
64% less call options, than puts
Call options by funds: $406K | Put options by funds: $1.13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$31.1M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$10.9M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$7.56M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
+$6.26M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$23.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$22M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$14M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$9.88M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$7.39M |
MMYT Hedge Fund Activity: Q3 2019 in Review
101 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q3 2019, worth a combined $1B — down 11% from $1.12B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MMYT and 11 opened new positions — a net loss of 4 holders — while 30 trimmed existing stakes and 32 added.
The largest buyer was Coronation Fund Managers, adding an estimated $31.1M. The largest seller was Capital International Investors, exiting entirely with an estimated $23.4M sold.
- 101 institutional investors held MakeMyTrip (MMYT) as of Q3 2019, down from 105 in Q2 2019.
- Funds reported $1B of MakeMyTrip stock for Q3 2019, down 11% quarter-over-quarter.
- 11 funds opened new MakeMyTrip positions in Q3 2019 and 15 closed out, a net change of -4 holders.
- The largest MakeMyTrip buyer in Q3 2019 was Coronation Fund Managers, an estimated $31.1M added.
- The largest MakeMyTrip seller in Q3 2019 was Capital International Investors, an estimated $23.4M sold.
Based on aggregated 13F filings for Q3 2019.