LendingTree
TREE
160 hedge funds and large institutions have $376M invested in LendingTree in 2024 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 44 increasing their positions, 63 reducing their positions, and 25 closing their positions.
24% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 25
3% more funds holding
Funds holding: 156 → 160 (+4)
3% less capital invested
Capital invested by funds: $390M → $376M (-$13.6M)
2.34% less ownership
Funds ownership: 70.79% → 68.44% (-2.3%)
13% less call options, than puts
Call options by funds: $7.04M | Put options by funds: $8.11M
30% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$8.5M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$5.42M |
| 3 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$4.55M |
| 4 |
SCM
Shenkman Capital Management
New York
|
+$3.48M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.5M |
| 2 |
APC
Alta Park Capital
San Francisco,
California
|
-$4.82M |
| 3 |
NCL
Nishkama Capital LLC
Dorado,
Puerto Rico
|
-$2.84M |
| 4 |
GIPM
G2 Investment Partners Management
New York
|
-$2.52M |
| 5 |
CHM
Collaborative Holdings Management
New York
|
-$1.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
176
Allworth Financial
Folsom,
California
| – | -$29K | -685 | Closed |
|
|
MLICM
177
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$22.4K | -528 | Closed |
|
178
Simplex Trading
Chicago,
Illinois
| – | -$19.4K | -459 | Closed |
|
|
BFEC
179
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$7K | -168 | Closed |
|
|
LFG
180
Larson Financial Group
St Louis,
Missouri
| – | -$5.42K | -128 | Closed |
|
|
FFO
181
Fortitude Family Office
Scottsdale,
Arizona
| – | -$4.57K | -108 | Closed |
|
|
QL
182
Quarry LP
New York
| – | -$1.82K | -43 | Closed |
|
|
IA
183
IFP Advisors
Tampa,
Florida
| – | -$1.52K | -36 | Closed |
|
|
AWM
184
Avior Wealth Management
Omaha,
Nebraska
| – | -$169 | -4 | Closed |
|
|
C
185
Covestor
London,
United Kingdom
| – | -$42 | -1 | -33% |
|
TREE Hedge Fund Activity: Q2 2024 in Review
160 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q2 2024, worth a combined $376M — down 3.5% from $390M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new TREE positions and 25 closed out — a net gain of 6 holders — while 44 added to existing stakes and 63 trimmed.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $8.5M. The largest seller was Morgan Stanley, cutting an estimated $16.5M.
- 160 institutional investors held LendingTree (TREE) as of Q2 2024, up from 156 in Q1 2024.
- Funds reported $376M of LendingTree stock for Q2 2024, down 3.5% quarter-over-quarter.
- 31 funds opened new LendingTree positions in Q2 2024 and 25 closed out, a net change of +6 holders.
- The largest LendingTree buyer in Q2 2024 was Hennessy Advisors Inc, an estimated $8.5M added.
- The largest LendingTree seller in Q2 2024 was Morgan Stanley, an estimated $16.5M sold.
Based on aggregated 13F filings for Q2 2024.