Pinterest
PINS
737 hedge funds and large institutions have $16.9B invested in Pinterest in 2024 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 280 increasing their positions, 274 reducing their positions, and 137 closing their positions.
25% more call options, than puts
Call options by funds: $825M | Put options by funds: $661M
2% more repeat investments, than reductions
Existing positions increased: 280 | Existing positions reduced: 274
5.81% less ownership
Funds ownership: 92.21% → 86.39% (-5.8%)
8% less funds holding
Funds holding: 799 → 737 (-62)
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
31% less capital invested
Capital invested by funds: $24.3B → $16.9B (-$7.46B)
40% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 137
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$161M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
+$129M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$105M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$102M |
| 5 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
-$326M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$293M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$213M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$152M |
| 5 |
Two Sigma Investments
New York
|
-$150M |
PINS Hedge Fund Activity: Q3 2024 in Review
737 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Pinterest (PINS) for Q3 2024, worth a combined $16.9B — down 31% from $24.3B a quarter earlier.
Sellers outnumbered buyers: 137 funds closed out of PINS and 82 opened new positions — a net loss of 55 holders — while 274 trimmed existing stakes and 280 added.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $161M. The largest seller was Two Sigma Advisers, exiting entirely with an estimated $326M sold.
- 737 institutional investors held Pinterest (PINS) as of Q3 2024, down from 799 in Q2 2024.
- Funds reported $16.9B of Pinterest stock for Q3 2024, down 31% quarter-over-quarter.
- 82 funds opened new Pinterest positions in Q3 2024 and 137 closed out, a net change of -55 holders.
- The largest Pinterest buyer in Q3 2024 was Point72 Asset Management, an estimated $161M added.
- The largest Pinterest seller in Q3 2024 was Two Sigma Advisers, an estimated $326M sold.
Based on aggregated 13F filings for Q3 2024.