LendingTree
TREE
267 hedge funds and large institutions have $4.26B invested in LendingTree in 2019 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 67 increasing their positions, 90 reducing their positions, and 25 closing their positions.
156% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 25
15% more funds holding
Funds holding: 233 → 267 (+34)
10% more capital invested
Capital invested by funds: $3.87B → $4.26B (+$390M)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
7.03% less ownership
Funds ownership: 85.78% → 78.75% (-7%)
26% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 90
56% less call options, than puts
Call options by funds: $74.3M | Put options by funds: $167M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$30.5M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
+$25.9M |
| 3 |
Millennium Management
New York
|
+$22.4M |
| 4 |
Two Sigma Investments
New York
|
+$19.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$19.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAMA
Nikko Asset Management Americas
New York
|
-$95.9M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$95.1M |
| 3 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$81.5M |
| 4 |
BlackRock
New York
|
-$71.7M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$45.1M |
TREE Hedge Fund Activity: Q2 2019 in Review
267 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q2 2019, worth a combined $4.26B — up 10% from $3.87B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new TREE positions and 25 closed out — a net gain of 39 holders — while 67 added to existing stakes and 90 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $30.5M. The largest seller was Nikko Asset Management Americas, cutting an estimated $95.9M.
- 267 institutional investors held LendingTree (TREE) as of Q2 2019, up from 233 in Q1 2019.
- Funds reported $4.26B of LendingTree stock for Q2 2019, up 10% quarter-over-quarter.
- 64 funds opened new LendingTree positions in Q2 2019 and 25 closed out, a net change of +39 holders.
- The largest LendingTree buyer in Q2 2019 was Goldman Sachs, an estimated $30.5M added.
- The largest LendingTree seller in Q2 2019 was Nikko Asset Management Americas, an estimated $95.9M sold.
Based on aggregated 13F filings for Q2 2019.