RetailMeNot, Inc. Series 1
SALE
SALE was delisted on the 22nd of May, 2017.
110 hedge funds and large institutions have $644M invested in RetailMeNot, Inc. Series 1 in 2014 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 42 increasing their positions, 39 reducing their positions, and 35 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 39
8.25% less ownership
Funds ownership: 81.99% → 73.74% (-8.2%)
15% less funds holding
Funds holding: 130 → 110 (-20)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
45% less capital invested
Capital invested by funds: $1.18B → $644M (-$532M)
57% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 35
60% less call options, than puts
Call options by funds: $8.31M | Put options by funds: $20.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
+$59.9M |
| 2 |
1WCM
12 West Capital Management
New York
|
+$39.9M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$29.8M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$18.2M |
| 5 |
PPCP
Pivot Point Capital Partners
San Francisco,
California
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$51.8M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$48.3M |
| 3 |
SRFM
Shannon River Fund Management
New York
|
-$35.8M |
| 4 |
SFM
Soros Fund Management
New York
|
-$34.3M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$26.3M |
SALE Hedge Fund Activity: Q3 2014 in Review
110 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in RetailMeNot, Inc. Series 1 (SALE) for Q3 2014, worth a combined $644M — down 45% from $1.18B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of SALE and 15 opened new positions — a net loss of 20 holders — while 39 trimmed existing stakes and 42 added.
The largest buyer was Scopia Capital Management, adding an estimated $59.9M. The largest seller was Next Century Growth Investors, exiting entirely with an estimated $51.8M sold.
- 110 institutional investors held RetailMeNot, Inc. Series 1 (SALE) as of Q3 2014, down from 130 in Q2 2014.
- Funds reported $644M of RetailMeNot, Inc. Series 1 stock for Q3 2014, down 45% quarter-over-quarter.
- 15 funds opened new RetailMeNot, Inc. Series 1 positions in Q3 2014 and 35 closed out, a net change of -20 holders.
- The largest RetailMeNot, Inc. Series 1 buyer in Q3 2014 was Scopia Capital Management, an estimated $59.9M added.
- The largest RetailMeNot, Inc. Series 1 seller in Q3 2014 was Next Century Growth Investors, an estimated $51.8M sold.
Based on aggregated 13F filings for Q3 2014.