Pinterest
PINS
219 hedge funds and large institutions have $3.12B invested in Pinterest in 2019 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 66 increasing their positions, 35 reducing their positions, and 43 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
89% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 35
86% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 43
45% more capital invested
Capital invested by funds: $2.15B → $3.12B (+$971M)
20% more funds holding
Funds holding: 183 → 219 (+36)
11% less call options, than puts
Call options by funds: $155M | Put options by funds: $174M
15.02% less ownership
Funds ownership: 91.17% → 76.16% (-15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Valiant Capital Management
San Francisco,
California
|
+$811M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$155M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$134M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$55.9M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$93.9M |
| 2 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$67.1M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$51.1M |
| 4 |
TP
Third Point
New York
|
-$36.9M |
| 5 |
HCM
Hitchwood Capital Management
New York
|
-$29.9M |
PINS Hedge Fund Activity: Q3 2019 in Review
219 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Pinterest (PINS) for Q3 2019, worth a combined $3.12B — up 45% from $2.15B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new PINS positions and 43 closed out — a net gain of 37 holders — while 66 added to existing stakes and 35 trimmed.
The largest buyer was Valiant Capital Management, opening a new position worth an estimated $811M. The largest seller was Fidelity International, exiting entirely with an estimated $93.9M sold.
- 219 institutional investors held Pinterest (PINS) as of Q3 2019, up from 183 in Q2 2019.
- Funds reported $3.12B of Pinterest stock for Q3 2019, up 45% quarter-over-quarter.
- 80 funds opened new Pinterest positions in Q3 2019 and 43 closed out, a net change of +37 holders.
- The largest Pinterest buyer in Q3 2019 was Valiant Capital Management, an estimated $811M added.
- The largest Pinterest seller in Q3 2019 was Fidelity International, an estimated $93.9M sold.
Based on aggregated 13F filings for Q3 2019.