Yelp
YELP
240 hedge funds and large institutions have $3.98B invested in Yelp in 2014 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 88 increasing their positions, 80 reducing their positions, and 26 closing their positions.
138% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 26
15% more funds holding
Funds holding: 209 → 240 (+31)
10% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 80
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
6% more capital invested
Capital invested by funds: $3.74B → $3.98B (+$243M)
7.73% less ownership
Funds ownership: 94.71% → 86.98% (-7.7%)
20% less call options, than puts
Call options by funds: $293M | Put options by funds: $364M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$169M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$97.4M |
| 3 |
Coatue Management
New York
|
+$74.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$43.3M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$38.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
-$194M |
| 2 |
JC
Joho Capital
New York
|
-$111M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$70.1M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$58.6M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
-$56.9M |
YELP Hedge Fund Activity: Q1 2014 in Review
240 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q1 2014, worth a combined $3.98B — up 6.5% from $3.74B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new YELP positions and 26 closed out — a net gain of 36 holders — while 88 added to existing stakes and 80 trimmed.
The largest buyer was Macquarie Group, adding an estimated $169M. The largest seller was UBS AM, cutting an estimated $194M.
- 240 institutional investors held Yelp (YELP) as of Q1 2014, up from 209 in Q4 2013.
- Funds reported $3.98B of Yelp stock for Q1 2014, up 6.5% quarter-over-quarter.
- 62 funds opened new Yelp positions in Q1 2014 and 26 closed out, a net change of +36 holders.
- The largest Yelp buyer in Q1 2014 was Macquarie Group, an estimated $169M added.
- The largest Yelp seller in Q1 2014 was UBS AM, an estimated $194M sold.
Based on aggregated 13F filings for Q1 2014.