LendingTree
TREE
166 hedge funds and large institutions have $596M invested in LendingTree in 2015 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 41 increasing their positions, 51 reducing their positions, and 14 closing their positions.
314% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 14
37% more capital inflows, than outflows
Capital inflows: $186M | Capital outflows: $136M
36% more funds holding
Funds holding: 122 → 166 (+44)
3.42% more ownership
Funds ownership: 52.07% → 55.5% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
20% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.7M |
| 2 |
BlackRock Fund Advisors
San Francisco,
California
|
+$24.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$14.1M |
| 4 |
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$12.8M |
| 5 |
Morgan Stanley
New York
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$14.8M |
| 2 |
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$10.9M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$10.8M |
| 4 |
Punch & Associates Investment Management
Edina,
Minnesota
|
-$9.08M |
| 5 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$7.75M |
TREE Hedge Fund Activity: Q3 2015 in Review
166 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q3 2015, worth a combined $596M — up 26% from $472M a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new TREE positions and 14 closed out — a net gain of 44 holders — while 41 added to existing stakes and 51 trimmed.
The largest buyer was Vanguard Group, adding an estimated $26.7M. The largest seller was Second Curve Capital, exiting entirely with an estimated $14.8M sold.
- 166 institutional investors held LendingTree (TREE) as of Q3 2015, up from 122 in Q2 2015.
- Funds reported $596M of LendingTree stock for Q3 2015, up 26% quarter-over-quarter.
- 58 funds opened new LendingTree positions in Q3 2015 and 14 closed out, a net change of +44 holders.
- The largest LendingTree buyer in Q3 2015 was Vanguard Group, an estimated $26.7M added.
- The largest LendingTree seller in Q3 2015 was Second Curve Capital, an estimated $14.8M sold.
Based on aggregated 13F filings for Q3 2015.