LendingTree
TREE
219 hedge funds and large institutions have $2.57B invested in LendingTree in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 75 increasing their positions, 89 reducing their positions, and 39 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10% more capital invested
Capital invested by funds: $2.32B → $2.57B (+$244M)
0.02% less ownership
Funds ownership: 87.06% → 87.03% (-0.02%)
6% less call options, than puts
Call options by funds: $109M | Put options by funds: $115M
10% less funds holding
Funds holding: 242 → 219 (-23)
16% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 89
51% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$43.1M |
| 2 |
NAMA
Nikko Asset Management Americas
New York
|
+$43M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$38.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.7M |
| 5 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$29M |
| 2 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
-$26.9M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$21.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$17.1M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
-$16.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCAG
251
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$16K | -75 | Closed |
|
|
GT
252
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$12K | -54 | Closed |
|
253
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$9K | -43 | Closed |
|
|
CHP
254
Cable Hill Partners
Portland,
Oregon
| – | -$4K | -19 | Closed |
|
|
IFAM
255
Institutional & Family Asset Management
Fort Collins,
Colorado
| – | -$2K | -8 | Closed |
|
|
IA
256
IFP Advisors
Tampa,
Florida
| – | -$475 | -2 | -67% |
|
|
CAG
257
Csenge Advisory Group
Clearwater,
Florida
| – | +$475 | +2 | New |
|
TREE Hedge Fund Activity: Q3 2018 in Review
219 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q3 2018, worth a combined $2.57B — up 10% from $2.32B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of TREE and 19 opened new positions — a net loss of 20 holders — while 89 trimmed existing stakes and 75 added.
The largest buyer was Sumitomo Mitsui Trust Group, adding an estimated $43.1M. The largest seller was Credit Suisse, cutting an estimated $29M.
- 219 institutional investors held LendingTree (TREE) as of Q3 2018, down from 242 in Q2 2018.
- Funds reported $2.57B of LendingTree stock for Q3 2018, up 10% quarter-over-quarter.
- 19 funds opened new LendingTree positions in Q3 2018 and 39 closed out, a net change of -20 holders.
- The largest LendingTree buyer in Q3 2018 was Sumitomo Mitsui Trust Group, an estimated $43.1M added.
- The largest LendingTree seller in Q3 2018 was Credit Suisse, an estimated $29M sold.
Based on aggregated 13F filings for Q3 2018.