LendingTree
TREE
122 hedge funds and large institutions have $472M invested in LendingTree in 2015 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 35 increasing their positions, 44 reducing their positions, and 16 closing their positions.
69% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 16
36% more capital invested
Capital invested by funds: $347M → $472M (+$125M)
10% more funds holding
Funds holding: 111 → 122 (+11)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
20% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$12.9M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$11.9M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$5.84M |
| 4 |
CCI
Columbus Circle Investors
|
+$5.65M |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$3.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
BBR Partners
New York
|
-$19.4M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
-$12M |
| 3 |
Renaissance Technologies
New York
|
-$9.32M |
| 4 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$6.69M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Two Sigma Investments
New York
| – | -$260K | -4,649 | Closed |
|
|
TI
127
Trexquant Investment
Stamford,
Connecticut
| – | -$250K | -4,476 | Closed |
|
|
NCCM
128
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$218K | -3,900 | Closed |
|
|
F
129
FolioMetrix
Omaha,
Nebraska
| – | -$134K | -2,386 | Closed |
|
130
UBS Group
Zurich,
Switzerland
| – | -$26.7K | -434 | -99% |
|
|
FMA
131
FNY Managed Accounts
New York
| – | -$13.4K | -240 | Closed |
|
|
TRCT
132
Tower Research Capital (TRC)
New York
| – | -$12K | -215 | Closed |
|
|
CA
133
CapWealth Advisors
Franklin,
Tennessee
| – | -$1K | -16 | Closed |
|
134
Creative Planning
Overland Park,
Kansas
| – | -$1K | -9 | Closed |
|
TREE Hedge Fund Activity: Q2 2015 in Review
122 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q2 2015, worth a combined $472M — up 36% from $347M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new TREE positions and 16 closed out — a net gain of 11 holders — while 35 added to existing stakes and 44 trimmed.
The largest buyer was Janus Henderson Investors US, opening a new position worth an estimated $12.9M. The largest seller was BBR Partners, exiting entirely with an estimated $19.4M sold.
- 122 institutional investors held LendingTree (TREE) as of Q2 2015, up from 111 in Q1 2015.
- Funds reported $472M of LendingTree stock for Q2 2015, up 36% quarter-over-quarter.
- 27 funds opened new LendingTree positions in Q2 2015 and 16 closed out, a net change of +11 holders.
- The largest LendingTree buyer in Q2 2015 was Janus Henderson Investors US, an estimated $12.9M added.
- The largest LendingTree seller in Q2 2015 was BBR Partners, an estimated $19.4M sold.
Based on aggregated 13F filings for Q2 2015.