LendingTree
TREE
127 hedge funds and large institutions have $202M invested in LendingTree in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 46 increasing their positions, 40 reducing their positions, and 40 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.12% less ownership
Funds ownership: 79.83% → 70.71% (-9.1%)
12% less funds holding
Funds holding: 145 → 127 (-18)
26% less capital invested
Capital invested by funds: $273M → $202M (-$71.4M)
45% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 40
73% less call options, than puts
Call options by funds: $2.7M | Put options by funds: $10.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$6.49M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$3.74M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.2M |
| 4 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$2.53M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$17.2M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$8.18M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$5.57M |
| 5 |
State Street
Boston,
Massachusetts
|
-$4.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Walleye Trading
New York
| – | -$45.7K | -2,145 | Closed |
|
152
Public Employees Retirement Association of Colorado
Denver,
Colorado
| – | -$30K | -1,143 | Closed |
|
153
Lazard Asset Management
New York
| – | -$29K | -1,088 | Closed |
|
154
KBC Group
Brussels,
Belgium
| – | -$28K | -1,046 | Closed |
|
|
EWA
155
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$12.6K | -473 | Closed |
|
156
Cerity Partners
New York
| – | -$1.11M | -259 | Closed |
|
|
TWA
157
TCI Wealth Advisors
Tucson,
Arizona
| – | -$4.37K | -164 | Closed |
|
|
PFBT
158
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1.31K | -49 | Closed |
|
|
BAM
159
Belpointe Asset Management
Reno,
Nevada
| – | -$800 | -30 | Closed |
|
|
MCM
160
Manchester Capital Management
Manchester,
Vermont
| – | -$774 | -29 | Closed |
|
|
MPWT
161
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$587 | -22 | Closed |
|
|
PWMG
162
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$374 | -14 | Closed |
|
163
Creative Planning
Overland Park,
Kansas
| – | -$187 | -7 | Closed |
|
TREE Hedge Fund Activity: Q2 2023 in Review
127 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q2 2023, worth a combined $202M — down 26% from $273M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of TREE and 22 opened new positions — a net loss of 18 holders — while 40 trimmed existing stakes and 46 added.
The largest buyer was Millennium Management, adding an estimated $6.49M. The largest seller was BlackRock, cutting an estimated $17.2M.
- 127 institutional investors held LendingTree (TREE) as of Q2 2023, down from 145 in Q1 2023.
- Funds reported $202M of LendingTree stock for Q2 2023, down 26% quarter-over-quarter.
- 22 funds opened new LendingTree positions in Q2 2023 and 40 closed out, a net change of -18 holders.
- The largest LendingTree buyer in Q2 2023 was Millennium Management, an estimated $6.49M added.
- The largest LendingTree seller in Q2 2023 was BlackRock, an estimated $17.2M sold.
Based on aggregated 13F filings for Q2 2023.