LendingTree
TREE
242 hedge funds and large institutions have $2.32B invested in LendingTree in 2018 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 103 increasing their positions, 63 reducing their positions, and 39 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 63
6.45% more ownership
Funds ownership: 80.61% → 87.06% (+6.4%)
0% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 39
0% less funds holding
Funds holding: 243 → 242 (-1)
6% less call options, than puts
Call options by funds: $104M | Put options by funds: $111M
28% less capital invested
Capital invested by funds: $3.23B → $2.32B (-$910M)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$50.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$47.8M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$44.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$33.4M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$33.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$57.3M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$34.6M |
| 3 |
Two Sigma Advisers
New York
|
-$25.9M |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$23.7M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$22.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
276
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$7K | -20 | Closed |
|
277
Acadian Asset Management
Boston,
Massachusetts
| – | -$6K | -18 | Closed |
|
|
DWM
278
Destination Wealth Management
Walnut Creek,
California
| – | -$5K | -16 | Closed |
|
|
GAM
279
Gemmer Asset Management
Walnut Creek,
California
| – | -$3K | -8 | Closed |
|
|
RIA
280
RPG Investment Advisory
Pleasanton,
California
| – | -$1K | -2 | Closed |
|
TREE Hedge Fund Activity: Q2 2018 in Review
242 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q2 2018, worth a combined $2.32B — down 28% from $3.23B a quarter earlier.
Fund positioning in TREE was balanced in Q2 2018: 39 funds opened new positions, 39 closed out, 103 added to existing stakes and 63 trimmed.
The largest buyer was Wells Fargo, adding an estimated $50.2M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $57.3M sold.
- 242 institutional investors held LendingTree (TREE) as of Q2 2018, down from 243 in Q1 2018.
- Funds reported $2.32B of LendingTree stock for Q2 2018, down 28% quarter-over-quarter.
- 39 funds opened new LendingTree positions in Q2 2018 and 39 closed out, a net change of 0 holders.
- The largest LendingTree buyer in Q2 2018 was Wells Fargo, an estimated $50.2M added.
- The largest LendingTree seller in Q2 2018 was 1832 Asset Management, an estimated $57.3M sold.
Based on aggregated 13F filings for Q2 2018.