LendingTree
TREE
191 hedge funds and large institutions have $774M invested in LendingTree in 2015 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 83 increasing their positions, 42 reducing their positions, and 18 closing their positions.
2,294% more call options, than puts
Call options by funds: $26.8M | Put options by funds: $1.12M
139% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 18
98% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 42
30% more capital invested
Capital invested by funds: $595M → $774M (+$179M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more funds holding
Funds holding: 166 → 191 (+25)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIPM
G2 Investment Partners Management
New York
|
+$29.7M |
| 2 |
Renaissance Technologies
New York
|
+$19.9M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$17.2M |
| 4 |
Millennium Management
New York
|
+$17.1M |
| 5 |
RIM
RS Investment Management
San Francisco,
California
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$6.94M |
| 2 |
Morgan Stanley
New York
|
-$5.84M |
| 3 |
RAM
RWC Asset Management
London,
United Kingdom
|
-$4.65M |
| 4 |
PP
PDT Partners
New York
|
-$3M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
201
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$209K | -2,245 | Closed |
|
|
IRS
202
Invictus RG (Singapore)
Singapore
| – | -$170K | -1,827 | Closed |
|
203
SG Americas Securities
New York
| – | -$110K | -1,180 | Closed |
|
|
TRCT
204
Tower Research Capital (TRC)
New York
| – | -$78K | -834 | Closed |
|
|
HMS
205
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$1K | -16 | Closed |
|
|
IA
206
IFP Advisors
Tampa,
Florida
| – | +$412 | +4 | New |
|
TREE Hedge Fund Activity: Q4 2015 in Review
191 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q4 2015, worth a combined $774M — up 30% from $595M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new TREE positions and 18 closed out — a net gain of 25 holders — while 83 added to existing stakes and 42 trimmed.
The largest buyer was G2 Investment Partners Management, adding an estimated $29.7M. The largest seller was Driehaus Capital Management, cutting an estimated $6.94M.
- 191 institutional investors held LendingTree (TREE) as of Q4 2015, up from 166 in Q3 2015.
- Funds reported $774M of LendingTree stock for Q4 2015, up 30% quarter-over-quarter.
- 43 funds opened new LendingTree positions in Q4 2015 and 18 closed out, a net change of +25 holders.
- The largest LendingTree buyer in Q4 2015 was G2 Investment Partners Management, an estimated $29.7M added.
- The largest LendingTree seller in Q4 2015 was Driehaus Capital Management, an estimated $6.94M sold.
Based on aggregated 13F filings for Q4 2015.