LendingTree
TREE
180 hedge funds and large institutions have $1.01B invested in LendingTree in 2016 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 61 increasing their positions, 46 reducing their positions, and 21 closing their positions.
84.65% more ownership
Funds ownership: 0% → 84.65% (+85%)
62% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 21
33% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 46
7% more capital invested
Capital invested by funds: $948M → $1.01B (+$63.4M)
5% more funds holding
Funds holding: 171 → 180 (+9)
26% less call options, than puts
Call options by funds: $23.6M | Put options by funds: $32.1M
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$28.6M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$15.1M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$10.6M |
| 4 |
Millennium Management
New York
|
+$9.96M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$9.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$41.1M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$32.1M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$8.6M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$7.22M |
| 5 |
ZC
Zelman Capital
Beachwood,
Ohio
|
-$6.78M |
TREE Hedge Fund Activity: Q4 2016 in Review
180 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q4 2016, worth a combined $1.01B — up 6.7% from $948M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new TREE positions and 21 closed out — a net gain of 13 holders — while 61 added to existing stakes and 46 trimmed.
The largest buyer was Jackson Square Partners, adding an estimated $28.6M. The largest seller was Wells Fargo, cutting an estimated $41.1M.
- 180 institutional investors held LendingTree (TREE) as of Q4 2016, up from 171 in Q3 2016.
- Funds reported $1.01B of LendingTree stock for Q4 2016, up 6.7% quarter-over-quarter.
- 34 funds opened new LendingTree positions in Q4 2016 and 21 closed out, a net change of +13 holders.
- The largest LendingTree buyer in Q4 2016 was Jackson Square Partners, an estimated $28.6M added.
- The largest LendingTree seller in Q4 2016 was Wells Fargo, an estimated $41.1M sold.
Based on aggregated 13F filings for Q4 2016.