LendingTree
TREE
86 hedge funds and large institutions have $268M invested in LendingTree in 2014 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 25 increasing their positions, 25 reducing their positions, and 15 closing their positions.
42% more capital invested
Capital invested by funds: $190M → $268M (+$78.8M)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
2% more funds holding
Funds holding: 84 → 86 (+2)
0% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$7.94M |
| 2 |
Renaissance Technologies
New York
|
+$6.06M |
| 3 |
Millennium Management
New York
|
+$3.07M |
| 4 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$2.85M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$5.97M |
| 2 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$2.39M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$2.21M |
| 4 |
SST
S Squared Technology
New York
|
-$1.86M |
| 5 |
Morgan Stanley
New York
|
-$1.81M |
TREE Hedge Fund Activity: Q4 2014 in Review
86 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q4 2014, worth a combined $268M — up 42% from $190M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TREE positions and 15 closed out — a net gain of 6 holders — while 25 added to existing stakes and 25 trimmed.
The largest buyer was Driehaus Capital Management, adding an estimated $7.94M. The largest seller was Second Curve Capital, cutting an estimated $5.97M.
- 86 institutional investors held LendingTree (TREE) as of Q4 2014, up from 84 in Q3 2014.
- Funds reported $268M of LendingTree stock for Q4 2014, up 42% quarter-over-quarter.
- 21 funds opened new LendingTree positions in Q4 2014 and 15 closed out, a net change of +6 holders.
- The largest LendingTree buyer in Q4 2014 was Driehaus Capital Management, an estimated $7.94M added.
- The largest LendingTree seller in Q4 2014 was Second Curve Capital, an estimated $5.97M sold.
Based on aggregated 13F filings for Q4 2014.