LendingTree
TREE
229 hedge funds and large institutions have $3.17B invested in LendingTree in 2019 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 81 increasing their positions, 78 reducing their positions, and 60 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 78
0.21% less ownership
Funds ownership: 78.75% → 78.54% (-0.21%)
14% less funds holding
Funds holding: 267 → 229 (-38)
26% less capital invested
Capital invested by funds: $4.26B → $3.17B (-$1.09B)
63% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 60
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
72% less call options, than puts
Call options by funds: $64.1M | Put options by funds: $227M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAMA
Nikko Asset Management Americas
New York
|
+$50.6M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$50.6M |
| 3 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$41.7M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$36.4M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$23.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
-$31.5M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$22.6M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$18.6M |
| 4 |
RI
Redwood Investments
Boston,
Massachusetts
|
-$18.4M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$15.6M |
TREE Hedge Fund Activity: Q3 2019 in Review
229 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q3 2019, worth a combined $3.17B — down 26% from $4.26B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of TREE and 22 opened new positions — a net loss of 38 holders — while 78 trimmed existing stakes and 81 added.
The largest buyer was Nikko Asset Management Americas, adding an estimated $50.6M. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $31.5M sold.
- 229 institutional investors held LendingTree (TREE) as of Q3 2019, down from 267 in Q2 2019.
- Funds reported $3.17B of LendingTree stock for Q3 2019, down 26% quarter-over-quarter.
- 22 funds opened new LendingTree positions in Q3 2019 and 60 closed out, a net change of -38 holders.
- The largest LendingTree buyer in Q3 2019 was Nikko Asset Management Americas, an estimated $50.6M added.
- The largest LendingTree seller in Q3 2019 was Davidson Kempner Capital Management, an estimated $31.5M sold.
Based on aggregated 13F filings for Q3 2019.