LendingTree
TREE
185 hedge funds and large institutions have $932M invested in LendingTree in 2016 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 64 increasing their positions, 61 reducing their positions, and 39 closing their positions.
30% more capital inflows, than outflows
Capital inflows: $250M | Capital outflows: $191M
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
13% more call options, than puts
Call options by funds: $21.9M | Put options by funds: $19.4M
7.23% more ownership
Funds ownership: 73.01% → 80.24% (+7.2%)
5% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 61
3% less funds holding
Funds holding: 191 → 185 (-6)
15% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RS Investment Management
San Francisco,
California
|
+$54.2M |
| 2 |
Granahan Investment Management
Waltham,
Massachusetts
|
+$39.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$23.2M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
+$11.8M |
| 5 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
G2 Investment Partners Management
New York
|
-$42.5M |
| 2 |
Millennium Management
New York
|
-$12.9M |
| 3 |
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$12.2M |
| 4 |
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$9.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.04M |
TREE Hedge Fund Activity: Q1 2016 in Review
185 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q1 2016, worth a combined $932M — up 20% from $774M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of TREE and 33 opened new positions — a net loss of 6 holders — while 61 trimmed existing stakes and 64 added.
The largest buyer was RS Investment Management, adding an estimated $54.2M. The largest seller was G2 Investment Partners Management, cutting an estimated $42.5M.
- 185 institutional investors held LendingTree (TREE) as of Q1 2016, down from 191 in Q4 2015.
- Funds reported $932M of LendingTree stock for Q1 2016, up 20% quarter-over-quarter.
- 33 funds opened new LendingTree positions in Q1 2016 and 39 closed out, a net change of -6 holders.
- The largest LendingTree buyer in Q1 2016 was RS Investment Management, an estimated $54.2M added.
- The largest LendingTree seller in Q1 2016 was G2 Investment Partners Management, an estimated $42.5M sold.
Based on aggregated 13F filings for Q1 2016.