MakeMyTrip
MMYT
115 hedge funds and large institutions have $979M invested in MakeMyTrip in 2019 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 37 increasing their positions, 33 reducing their positions, and 9 closing their positions.
167% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 9
14% more funds holding
Funds holding: 101 → 115 (+14)
12% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 33
2% less capital invested
Capital invested by funds: $1B → $979M (-$21.8M)
2.03% less ownership
Funds ownership: 70.82% → 68.79% (-2%)
12% less call options, than puts
Call options by funds: $1.55M | Put options by funds: $1.76M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$14.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.81M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$5.45M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
+$5.43M |
| 5 |
Millennium Management
New York
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$58.5M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$14.5M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$11.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$4.63M |
| 5 |
FI
Fosun International
Hong Kong,
China
|
-$2.64M |
MMYT Hedge Fund Activity: Q4 2019 in Review
115 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in MakeMyTrip (MMYT) for Q4 2019, worth a combined $979M — down 2.2% from $1B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new MMYT positions and 9 closed out — a net gain of 15 holders — while 37 added to existing stakes and 33 trimmed.
The largest buyer was Coronation Fund Managers, adding an estimated $14.5M. The largest seller was Janus Henderson Group, cutting an estimated $58.5M.
- 115 institutional investors held MakeMyTrip (MMYT) as of Q4 2019, up from 101 in Q3 2019.
- Funds reported $979M of MakeMyTrip stock for Q4 2019, down 2.2% quarter-over-quarter.
- 24 funds opened new MakeMyTrip positions in Q4 2019 and 9 closed out, a net change of +15 holders.
- The largest MakeMyTrip buyer in Q4 2019 was Coronation Fund Managers, an estimated $14.5M added.
- The largest MakeMyTrip seller in Q4 2019 was Janus Henderson Group, an estimated $58.5M sold.
Based on aggregated 13F filings for Q4 2019.