LendingTree
TREE
145 hedge funds and large institutions have $273M invested in LendingTree in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 44 increasing their positions, 54 reducing their positions, and 21 closing their positions.
24% more capital invested
Capital invested by funds: $220M → $273M (+$53.7M)
5% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 21
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 146 → 145 (-1)
1.81% less ownership
Funds ownership: 81.64% → 79.83% (-1.8%)
19% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 54
72% less call options, than puts
Call options by funds: $2.71M | Put options by funds: $9.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$10.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.75M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.27M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.39M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$3.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$10.5M |
| 2 |
MAM
Monaco Asset Management
Monaco
|
-$8.35M |
| 3 |
BlackRock
New York
|
-$4.42M |
| 4 |
Renaissance Technologies
New York
|
-$4.07M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Group One Trading
Chicago,
Illinois
| – | -$234K | -7,121 | Closed |
|
|
ACM
152
Aquatic Capital Management
Chicago,
Illinois
| – | -$117K | -5,500 | Closed |
|
|
PMEF
153
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$41.6K | -1,952 | Closed |
|
|
SWA
154
Sutton Wealth Advisors
Tampa,
Florida
| – | -$14.4K | -674 | Closed |
|
155
Balyasny Asset Management
Chicago,
Illinois
| – | -$10.9K | -510 | Closed |
|
|
MCC
156
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$3.88K | -182 | Closed |
|
|
EI
157
Ellevest Inc
New York
| – | -$320 | -15 | Closed |
|
|
ACP
158
Arcus Capital Partners
Atlanta,
Georgia
| – | -$277 | -13 | Closed |
|
|
CWP
159
Concord Wealth Partners
Abingdon,
Virginia
| – | -$64 | -3 | Closed |
|
|
SWA
160
SOA Wealth Advisors
New York
| – | -$43 | -2 | Closed |
|
|
IA
161
IFP Advisors
Tampa,
Florida
| – | -$5K | -1 | Closed |
|
|
BTI
162
Blue Trust Inc
Alpharetta,
Georgia
| – | +$590 | +18 | New |
|
TREE Hedge Fund Activity: Q1 2023 in Review
145 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q1 2023, worth a combined $273M — up 24% from $220M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TREE positions and 21 closed out — a net gain of 1 holder — while 44 added to existing stakes and 54 trimmed.
The largest buyer was American Century Companies, opening a new position worth an estimated $10.1M. The largest seller was Granahan Investment Management, cutting an estimated $10.5M.
- 145 institutional investors held LendingTree (TREE) as of Q1 2023, down from 146 in Q4 2022.
- Funds reported $273M of LendingTree stock for Q1 2023, up 24% quarter-over-quarter.
- 22 funds opened new LendingTree positions in Q1 2023 and 21 closed out, a net change of +1 holder.
- The largest LendingTree buyer in Q1 2023 was American Century Companies, an estimated $10.1M added.
- The largest LendingTree seller in Q1 2023 was Granahan Investment Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q1 2023.