LendingTree
TREE
239 hedge funds and large institutions have $3.22B invested in LendingTree in 2017 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 79 increasing their positions, 82 reducing their positions, and 20 closing their positions.
150% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 20
53% more capital invested
Capital invested by funds: $2.1B → $3.22B (+$1.11B)
14% more funds holding
Funds holding: 210 → 239 (+29)
7.3% more ownership
Funds ownership: 71.63% → 78.93% (+7.3%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
4% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 82
9% less call options, than puts
Call options by funds: $139M | Put options by funds: $152M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$100M |
| 2 |
NAMA
Nikko Asset Management Americas
New York
|
+$65.7M |
| 3 |
State Street
Boston,
Massachusetts
|
+$64.8M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$48.8M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$69.5M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$36.8M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
-$28.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$25.6M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$20.9M |
TREE Hedge Fund Activity: Q4 2017 in Review
239 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q4 2017, worth a combined $3.22B — up 53% from $2.1B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new TREE positions and 20 closed out — a net gain of 30 holders — while 79 added to existing stakes and 82 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $100M. The largest seller was Alyeska Investment Group, cutting an estimated $69.5M.
- 239 institutional investors held LendingTree (TREE) as of Q4 2017, up from 210 in Q3 2017.
- Funds reported $3.22B of LendingTree stock for Q4 2017, up 53% quarter-over-quarter.
- 50 funds opened new LendingTree positions in Q4 2017 and 20 closed out, a net change of +30 holders.
- The largest LendingTree buyer in Q4 2017 was Baillie Gifford & Co, an estimated $100M added.
- The largest LendingTree seller in Q4 2017 was Alyeska Investment Group, an estimated $69.5M sold.
Based on aggregated 13F filings for Q4 2017.