Match Group
MTCH
237 hedge funds and large institutions have $2.94B invested in Match Group in 2018 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 73 increasing their positions, 75 reducing their positions, and 30 closing their positions.
113% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 30
55% more capital invested
Capital invested by funds: $1.89B → $2.94B (+$1.05B)
16% more funds holding
Funds holding: 204 → 237 (+33)
6.9% more ownership
Funds ownership: 95.72% → 102.62% (+6.9%)
3% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 75
22% less call options, than puts
Call options by funds: $77.6M | Put options by funds: $99.8M
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
+$78.6M |
| 2 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$74.1M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$60.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$54.4M |
| 5 |
HCM
Hitchwood Capital Management
New York
|
+$47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
-$49M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$34.7M |
| 3 |
BAWC
Black-and-white Capital
Los Angeles,
California
|
-$31.7M |
| 4 |
GTP
Global Thematic Partners
New York
|
-$27.2M |
| 5 |
GC
GMT Capital
Atlanta,
Georgia
|
-$19.2M |
MTCH Hedge Fund Activity: Q1 2018 in Review
237 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Match Group (MTCH) for Q1 2018, worth a combined $2.94B — up 55% from $1.89B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new MTCH positions and 30 closed out — a net gain of 34 holders — while 73 added to existing stakes and 75 trimmed.
The largest buyer was Steadfast Capital Management, opening a new position worth an estimated $78.6M. The largest seller was Jericho Capital Asset Management, cutting an estimated $49M.
- 237 institutional investors held Match Group (MTCH) as of Q1 2018, up from 204 in Q4 2017.
- Funds reported $2.94B of Match Group stock for Q1 2018, up 55% quarter-over-quarter.
- 64 funds opened new Match Group positions in Q1 2018 and 30 closed out, a net change of +34 holders.
- The largest Match Group buyer in Q1 2018 was Steadfast Capital Management, an estimated $78.6M added.
- The largest Match Group seller in Q1 2018 was Jericho Capital Asset Management, an estimated $49M sold.
Based on aggregated 13F filings for Q1 2018.