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239 hedge funds and large institutions have $2.69B invested in Yelp in 2018 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 90 increasing their positions, 60 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 60

4.63% more ownership

Funds ownership: 90.77%95.4% (+4.6%)

2% more funds holding

Funds holding: 234239 (+5)

10% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 63

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

28% less capital invested

Capital invested by funds: $3.73B → $2.69B (-$1.05B)

48% less call options, than puts

Call options by funds: $142M | Put options by funds: $273M

Holders
239
Holders Change
+5
Holders Change %
+2.14%
% of All Funds
5.33%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.25%
New
69
Increased
90
Reduced
60
Closed
63
Calls
$142M
Puts
$273M
Net Calls
-$131M
Net Calls Change
-$194M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$20M +$20.8M +545,075 +2,115%
PCM
27
Portolan Capital Management
Massachusetts
$19.3M +$6.19M +162,099 +42%
CSC
28
Cove Street Capital
California
$18.7M +$20.4M +534,200 New
SEI Investments
29
SEI Investments
Pennsylvania
$18.1M
Susquehanna International Group
30
Susquehanna International Group
Pennsylvania
$17.1M +$9.42M +246,425 +101%
HT
31
HAP Trading
New York
$16.7M +$12.4M +324,595 +213%
Charles Schwab
32
Charles Schwab
California
$15.8M -$109K -2,860 -0.6%
Deutsche Bank
33
Deutsche Bank
Germany
$14.5M -$12.5M -327,543 -44%
TGM
34
Tenzing Global Management
California
$14M -$4.78M -125,000 -24%
WRF
35
Waddell & Reed Financial
Kansas
$13.3M +$14.5M +380,007 New
GACM
36
Global Alpha Capital Management
Quebec, Canada
$13M +$4.26M +111,600 +43%
Principal Financial Group
37
Principal Financial Group
Iowa
$11.8M +$11.2M +291,961 +647%
Bank of America
38
Bank of America
North Carolina
$11.7M -$1.88M -49,319 -13%
Renaissance Technologies
39
Renaissance Technologies
New York
$10.5M -$26.4M -690,200 -70%
Ameriprise
40
Ameriprise
Minnesota
$10.3M -$2.26M -59,124 -17%
PCA
41
Personal Capital Advisors
California
$9.39M -$738K -19,323 -7%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$8.88M +$6.8M +177,904 +234%
PP
43
PDT Partners
New York
$8.67M +$1.97M +51,541 +26%
Retirement Systems of Alabama
44
Retirement Systems of Alabama
Alabama
$8.3M +$9.06M +237,111 New
Invesco
45
Invesco
Georgia
$8.22M +$7.21M +188,624 +407%
TWS
46
Thomas W. Smith
$8.21M -$264K -6,900 -3%
CCP
47
Clough Capital Partners
Massachusetts
$7.96M -$7.28M -190,500 -46%
MC
48
Maverick Capital
Texas
$7.58M +$8.27M +216,570 New
Federated Hermes
49
Federated Hermes
Pennsylvania
$7.5M +$3.79M +99,157 +86%
AIG
50
American International Group
New York
$7.27M +$5.88M +154,006 +286%

YELP Hedge Fund Activity: Q4 2018 in Review

239 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q4 2018, worth a combined $2.69B — down 28% from $3.73B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new YELP positions and 63 closed out — a net gain of 6 holders — while 90 added to existing stakes and 60 trimmed.

The largest buyer was BlackRock, adding an estimated $118M. The largest seller was Millennium Management, cutting an estimated $79.6M.

  • 239 institutional investors held Yelp (YELP) as of Q4 2018, up from 234 in Q3 2018.
  • Funds reported $2.69B of Yelp stock for Q4 2018, down 28% quarter-over-quarter.
  • 69 funds opened new Yelp positions in Q4 2018 and 63 closed out, a net change of +6 holders.
  • The largest Yelp buyer in Q4 2018 was BlackRock, an estimated $118M added.
  • The largest Yelp seller in Q4 2018 was Millennium Management, an estimated $79.6M sold.

Based on aggregated 13F filings for Q4 2018.