LendingTree
TREE
210 hedge funds and large institutions have $2.1B invested in LendingTree in 2017 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 77 increasing their positions, 75 reducing their positions, and 18 closing their positions.
89% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 18
42% more capital invested
Capital invested by funds: $1.48B → $2.1B (+$621M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
7% more funds holding
Funds holding: 196 → 210 (+14)
3% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 75
0% more call options, than puts
Call options by funds: $111M | Put options by funds: $111M
0.38% less ownership
Funds ownership: 72.02% → 71.63% (-0.38%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.9M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
+$25.2M |
| 3 |
Two Sigma Advisers
New York
|
+$20.6M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$17.1M |
| 5 |
PP
PDT Partners
New York
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$35.7M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$31.9M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$15M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$14.4M |
| 5 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$14.2M |
TREE Hedge Fund Activity: Q3 2017 in Review
210 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q3 2017, worth a combined $2.1B — up 42% from $1.48B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new TREE positions and 18 closed out — a net gain of 16 holders — while 77 added to existing stakes and 75 trimmed.
The largest buyer was Vanguard Group, adding an estimated $26.9M. The largest seller was Victory Capital Management, cutting an estimated $35.7M.
- 210 institutional investors held LendingTree (TREE) as of Q3 2017, up from 196 in Q2 2017.
- Funds reported $2.1B of LendingTree stock for Q3 2017, up 42% quarter-over-quarter.
- 34 funds opened new LendingTree positions in Q3 2017 and 18 closed out, a net change of +16 holders.
- The largest LendingTree buyer in Q3 2017 was Vanguard Group, an estimated $26.9M added.
- The largest LendingTree seller in Q3 2017 was Victory Capital Management, an estimated $35.7M sold.
Based on aggregated 13F filings for Q3 2017.