Yelp
YELP
206 hedge funds and large institutions have $3.09B invested in Yelp in 2018 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 70 increasing their positions, 79 reducing their positions, and 48 closing their positions.
64% more call options, than puts
Call options by funds: $141M | Put options by funds: $85.9M
1% more capital invested
Capital invested by funds: $3.06B → $3.09B (+$23.9M)
0.4% more ownership
Funds ownership: 88.22% → 88.62% (+0.4%)
6% less funds holding
Funds holding: 219 → 206 (-13)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
11% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 79
23% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$47M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$32.8M |
| 3 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
+$31.3M |
| 4 |
First Manhattan
New York
|
+$31.2M |
| 5 |
EC
Eminence Capital
New York
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Criterion Capital Management
San Francisco,
California
|
-$32.6M |
| 2 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$31.9M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$30.8M |
| 4 |
Two Sigma Investments
New York
|
-$29.8M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$27.8M |
YELP Hedge Fund Activity: Q1 2018 in Review
206 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q1 2018, worth a combined $3.09B — up 0.78% from $3.06B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of YELP and 37 opened new positions — a net loss of 11 holders — while 79 trimmed existing stakes and 70 added.
The largest buyer was Victory Capital Management, adding an estimated $47M. The largest seller was Criterion Capital Management, exiting entirely with an estimated $32.6M sold.
- 206 institutional investors held Yelp (YELP) as of Q1 2018, down from 219 in Q4 2017.
- Funds reported $3.09B of Yelp stock for Q1 2018, up 0.78% quarter-over-quarter.
- 37 funds opened new Yelp positions in Q1 2018 and 48 closed out, a net change of -11 holders.
- The largest Yelp buyer in Q1 2018 was Victory Capital Management, an estimated $47M added.
- The largest Yelp seller in Q1 2018 was Criterion Capital Management, an estimated $32.6M sold.
Based on aggregated 13F filings for Q1 2018.