Trade Desk
925 hedge funds and large institutions have $25.7B invested in Trade Desk in 2023 Q4 according to their latest regulatory filings, with 142 funds opening new positions, 351 increasing their positions, 301 reducing their positions, and 105 closing their positions.
35% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 105
17% more repeat investments, than reductions
Existing positions increased: 351 | Existing positions reduced: 301
5.74% more ownership
Funds ownership: 74.39% → 80.14% (+5.7%)
3% more funds holding
Funds holding: 896 → 925 (+29)
1% less capital invested
Capital invested by funds: $26B → $25.7B (-$262M)
3% less call options, than puts
Call options by funds: $739M | Put options by funds: $761M
46% less funds holding in top 10
Funds holding in top 10: 28 → 15 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.37B |
| 2 |
Jennison Associates
New York
|
+$513M |
| 3 |
Millennium Management
New York
|
+$177M |
| 4 |
JCAM
Jericho Capital Asset Management
New York
|
+$170M |
| 5 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$145M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$273M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$228M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$211M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$170M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$105M |
TTD Hedge Fund Activity: Q4 2023 in Review
925 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Trade Desk (TTD) for Q4 2023, worth a combined $25.7B — down 1% from $26B a quarter earlier.
Buyers outnumbered sellers: 142 funds opened new TTD positions and 105 closed out — a net gain of 37 holders — while 351 added to existing stakes and 301 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.37B. The largest seller was Baillie Gifford & Co, cutting an estimated $273M.
- 925 institutional investors held Trade Desk (TTD) as of Q4 2023, up from 896 in Q3 2023.
- Funds reported $25.7B of Trade Desk stock for Q4 2023, down 1% quarter-over-quarter.
- 142 funds opened new Trade Desk positions in Q4 2023 and 105 closed out, a net change of +37 holders.
- The largest Trade Desk buyer in Q4 2023 was Morgan Stanley, an estimated $1.37B added.
- The largest Trade Desk seller in Q4 2023 was Baillie Gifford & Co, an estimated $273M sold.
Based on aggregated 13F filings for Q4 2023.