LendingTree
TREE
196 hedge funds and large institutions have $1.48B invested in LendingTree in 2017 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 68 increasing their positions, 68 reducing their positions, and 15 closing their positions.
127% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 15
29% more capital invested
Capital invested by funds: $1.15B → $1.48B (+$333M)
23% more call options, than puts
Call options by funds: $72.9M | Put options by funds: $59.4M
10% more funds holding
Funds holding: 178 → 196 (+18)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 68
5.31% less ownership
Funds ownership: 77.33% → 72.02% (-5.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.3M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$23.3M |
| 3 |
NAMA
Nikko Asset Management Americas
New York
|
+$18.8M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$18.1M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$34.3M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$25.8M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$22.5M |
| 4 |
Millennium Management
New York
|
-$15.9M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$13.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPM
201
Symmetry Peak Management
Radnor,
Pennsylvania
| – | -$940K | -7,500 | Closed |
|
|
UB
202
UMB Bank
Kansas City,
Missouri
| – | -$501K | -4,000 | Closed |
|
203
Jane Street
New York
| – | -$424K | -2,818 | Closed |
|
|
AP
204
AHL Partners
London,
United Kingdom
| – | -$280K | -2,236 | Closed |
|
|
IR
205
Invictus RG
Hamilton,
Bermuda
| – | -$179K | -1,425 | Closed |
|
|
BIG
206
Bellwether Investment Group
Chattanooga,
Tennessee
| – | -$17K | -135 | Closed |
|
|
CGT
207
Capital Guardian Trust
Los Angeles,
California
| – | -$2K | -13 | Closed |
|
|
TRCT
208
Tower Research Capital (TRC)
New York
| – | -$1.35K | -9 | Closed |
|
|
NFG
209
Next Financial Group
Houston,
Texas
| – | +$151 | +1 | New |
|
TREE Hedge Fund Activity: Q2 2017 in Review
196 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q2 2017, worth a combined $1.48B — up 29% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new TREE positions and 15 closed out — a net gain of 19 holders — while 68 added to existing stakes and 68 trimmed.
The largest buyer was Vanguard Group, adding an estimated $25.3M. The largest seller was Victory Capital Management, cutting an estimated $34.3M.
- 196 institutional investors held LendingTree (TREE) as of Q2 2017, up from 178 in Q1 2017.
- Funds reported $1.48B of LendingTree stock for Q2 2017, up 29% quarter-over-quarter.
- 34 funds opened new LendingTree positions in Q2 2017 and 15 closed out, a net change of +19 holders.
- The largest LendingTree buyer in Q2 2017 was Vanguard Group, an estimated $25.3M added.
- The largest LendingTree seller in Q2 2017 was Victory Capital Management, an estimated $34.3M sold.
Based on aggregated 13F filings for Q2 2017.