LendingTree
TREE
120 hedge funds and large institutions have $134M invested in LendingTree in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 36 increasing their positions, 43 reducing their positions, and 23 closing their positions.
4.15% less ownership
Funds ownership: 70.71% → 66.56% (-4.1%)
6% less funds holding
Funds holding: 127 → 120 (-7)
16% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 43
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
34% less capital invested
Capital invested by funds: $202M → $134M (-$68M)
62% less call options, than puts
Call options by funds: $3.33M | Put options by funds: $8.74M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$5.83M |
| 2 |
Morgan Stanley
New York
|
+$3.3M |
| 3 |
SCM
Shenkman Capital Management
New York
|
+$2.43M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.99M |
| 5 |
Renaissance Technologies
New York
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$8.42M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$5.71M |
| 3 |
MAM
Monaco Asset Management
Monaco
|
-$3.36M |
| 4 |
E
Ergoteles
New York
|
-$1.86M |
| 5 |
Two Sigma Investments
New York
|
-$1.82M |
TREE Hedge Fund Activity: Q3 2023 in Review
120 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in LendingTree (TREE) for Q3 2023, worth a combined $134M — down 34% from $202M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of TREE and 17 opened new positions — a net loss of 6 holders — while 43 trimmed existing stakes and 36 added.
The largest buyer was Millennium Management, adding an estimated $5.83M. The largest seller was HighTower Advisors, exiting entirely with an estimated $8.42M sold.
- 120 institutional investors held LendingTree (TREE) as of Q3 2023, down from 127 in Q2 2023.
- Funds reported $134M of LendingTree stock for Q3 2023, down 34% quarter-over-quarter.
- 17 funds opened new LendingTree positions in Q3 2023 and 23 closed out, a net change of -6 holders.
- The largest LendingTree buyer in Q3 2023 was Millennium Management, an estimated $5.83M added.
- The largest LendingTree seller in Q3 2023 was HighTower Advisors, an estimated $8.42M sold.
Based on aggregated 13F filings for Q3 2023.