LendingTree
TREE
233 hedge funds and large institutions have $3.87B invested in LendingTree in 2019 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 65 increasing their positions, 69 reducing their positions, and 28 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
75% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 28
62% more capital invested
Capital invested by funds: $2.39B → $3.87B (+$1.48B)
8% more funds holding
Funds holding: 215 → 233 (+18)
0.96% more ownership
Funds ownership: 84.82% → 85.78% (+0.96%)
6% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 69
47% less call options, than puts
Call options by funds: $61.9M | Put options by funds: $116M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$55.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.8M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$23M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$19.2M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$26M |
| 2 |
Morgan Stanley
New York
|
-$19.9M |
| 3 |
State Street
Boston,
Massachusetts
|
-$17.6M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$15.6M |
| 5 |
NAMA
Nikko Asset Management Americas
New York
|
-$15M |
TREE Hedge Fund Activity: Q1 2019 in Review
233 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q1 2019, worth a combined $3.87B — up 62% from $2.39B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new TREE positions and 28 closed out — a net gain of 21 holders — while 65 added to existing stakes and 69 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $55.8M. The largest seller was Jackson Square Partners, cutting an estimated $26M.
- 233 institutional investors held LendingTree (TREE) as of Q1 2019, up from 215 in Q4 2018.
- Funds reported $3.87B of LendingTree stock for Q1 2019, up 62% quarter-over-quarter.
- 49 funds opened new LendingTree positions in Q1 2019 and 28 closed out, a net change of +21 holders.
- The largest LendingTree buyer in Q1 2019 was Victory Capital Management, an estimated $55.8M added.
- The largest LendingTree seller in Q1 2019 was Jackson Square Partners, an estimated $26M sold.
Based on aggregated 13F filings for Q1 2019.