Web.com Group, Inc.
WEB
WEB was delisted on the 10th of October, 2018.
177 hedge funds and large institutions have $1.13B invested in Web.com Group, Inc. in 2018 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 49 increasing their positions, 56 reducing their positions, and 48 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
30% more capital invested
Capital invested by funds: $864M → $1.13B (+$263M)
4% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 48
9% less call options, than puts
Call options by funds: $7.64M | Put options by funds: $8.38M
2% less funds holding
Funds holding: 181 → 177 (-4)
13% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
+$87.2M |
| 2 |
SGCM
Sand Grove Capital Management
London,
United Kingdom
|
+$48.9M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$21.6M |
| 4 |
JP Morgan Chase
New York
|
+$19.6M |
| 5 |
WIC
Water Island Capital
New York
|
+$8.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFM
Okumus Fund Management
Grand Cayman,
Cayman Islands
|
-$109M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.9M |
| 3 |
AF
Aristotle Fund
Portland,
Maine
|
-$18M |
| 4 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
-$17M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$11.3M |
WEB Hedge Fund Activity: Q2 2018 in Review
177 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Web.com Group, Inc. (WEB) for Q2 2018, worth a combined $1.13B — up 30% from $864M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of WEB and 46 opened new positions — a net loss of 2 holders — while 56 trimmed existing stakes and 49 added.
The largest buyer was Starboard Value, opening a new position worth an estimated $87.2M. The largest seller was Okumus Fund Management, exiting entirely with an estimated $109M sold.
- 177 institutional investors held Web.com Group, Inc. (WEB) as of Q2 2018, down from 181 in Q1 2018.
- Funds reported $1.13B of Web.com Group, Inc. stock for Q2 2018, up 30% quarter-over-quarter.
- 46 funds opened new Web.com Group, Inc. positions in Q2 2018 and 48 closed out, a net change of -2 holders.
- The largest Web.com Group, Inc. buyer in Q2 2018 was Starboard Value, an estimated $87.2M added.
- The largest Web.com Group, Inc. seller in Q2 2018 was Okumus Fund Management, an estimated $109M sold.
Based on aggregated 13F filings for Q2 2018.