Yelp
YELP
203 hedge funds and large institutions have $3.1B invested in Yelp in 2013 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 66 increasing their positions, 46 reducing their positions, and 22 closing their positions.
282% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 22
153% more capital invested
Capital invested by funds: $1.23B → $3.1B (+$1.88B)
69% more call options, than puts
Call options by funds: $332M | Put options by funds: $196M
63% more funds holding in top 10
Funds holding in top 10: 8 → 13 (+5)
43% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 46
41% more funds holding
Funds holding: 144 → 203 (+59)
5.48% more ownership
Funds ownership: 113.43% → 118.91% (+5.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$147M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$110M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$89.4M |
| 4 |
SI
Scout Investments
Kansas City,
Missouri
|
+$89M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$66.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Soros Fund Management
New York
|
-$59.7M |
| 2 |
PC
Passport Capital
San Francisco,
California
|
-$59.4M |
| 3 |
TCM
Tybourne Capital Management
Hong Kong
|
-$52.1M |
| 4 |
SIM
SRS Investment Management
New York
|
-$48.7M |
| 5 |
Bank of New York Mellon
New York
|
-$48.6M |
YELP Hedge Fund Activity: Q3 2013 in Review
203 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q3 2013, worth a combined $3.1B — up 153% from $1.23B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new YELP positions and 22 closed out — a net gain of 62 holders — while 66 added to existing stakes and 46 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $147M. The largest seller was Soros Fund Management, cutting an estimated $59.7M.
- 203 institutional investors held Yelp (YELP) as of Q3 2013, up from 144 in Q2 2013.
- Funds reported $3.1B of Yelp stock for Q3 2013, up 153% quarter-over-quarter.
- 84 funds opened new Yelp positions in Q3 2013 and 22 closed out, a net change of +62 holders.
- The largest Yelp buyer in Q3 2013 was Allianz Asset Management, an estimated $147M added.
- The largest Yelp seller in Q3 2013 was Soros Fund Management, an estimated $59.7M sold.
Based on aggregated 13F filings for Q3 2013.