LendingTree
TREE
79 hedge funds and large institutions have $166M invested in LendingTree in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 27 reducing their positions, and 11 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
41% more capital invested
Capital invested by funds: $118M → $166M (+$48.7M)
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
3% more funds holding
Funds holding: 77 → 79 (+2)
4% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$3.24M |
| 2 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$2.61M |
| 3 |
Renaissance Technologies
New York
|
+$1.63M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$1.19M |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$811K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$2.63M |
| 2 |
SST
S Squared Technology
New York
|
-$1.4M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$1.25M |
| 4 |
Morgan Stanley
New York
|
-$1.17M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
76
TFS Capital
West Chester,
Pennsylvania
| – | -$1.04M | -39,438 | Closed |
|
|
COPPSERS
77
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$611K | -23,258 | Closed |
|
|
NIM
78
Needham Investment Management
New York
| – | -$394K | -15,000 | Closed |
|
|
HCM
79
Highbridge Capital Management
New York
| – | -$314K | -11,959 | Closed |
|
|
BIM
80
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$278K | -10,594 | Closed |
|
81
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$54K | -2,058 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | -$46K | -1,755 | Closed |
|
|
U
83
UBS
Zurich,
Switzerland
| – | -$31.8K | -1,061 | -99% |
|
|
CAM
84
ClariVest Asset Management
San Diego,
California
| – | -$26K | -989 | Closed |
|
|
RFC
85
Russell Frank Company
Seattle,
Washington
| – | -$21K | -798 | Closed |
|
86
Acadian Asset Management
Boston,
Massachusetts
| – | -$1K | -27 | Closed |
|
|
CFA
87
Carroll Financial Associates
Charlotte,
North Carolina
| – | +$150 | +5 | +23% |
|
TREE Hedge Fund Activity: Q4 2013 in Review
79 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q4 2013, worth a combined $166M — up 41% from $118M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TREE positions and 11 closed out — a net gain of 2 holders — while 26 added to existing stakes and 27 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $3.24M. The largest seller was Columbia Wanger Asset Management, exiting entirely with an estimated $2.63M sold.
- 79 institutional investors held LendingTree (TREE) as of Q4 2013, up from 77 in Q3 2013.
- Funds reported $166M of LendingTree stock for Q4 2013, up 41% quarter-over-quarter.
- 13 funds opened new LendingTree positions in Q4 2013 and 11 closed out, a net change of +2 holders.
- The largest LendingTree buyer in Q4 2013 was Allianz Asset Management, an estimated $3.24M added.
- The largest LendingTree seller in Q4 2013 was Columbia Wanger Asset Management, an estimated $2.63M sold.
Based on aggregated 13F filings for Q4 2013.