Yelp
YELP
226 hedge funds and large institutions have $3B invested in Yelp in 2015 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 85 increasing their positions, 68 reducing their positions, and 57 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 68
3.02% more ownership
Funds ownership: 94.74% → 97.76% (+3%)
4% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 57
1% less funds holding
Funds holding: 229 → 226 (-3)
8% less capital invested
Capital invested by funds: $3.24B → $3B (-$245M)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
36% less call options, than puts
Call options by funds: $171M | Put options by funds: $266M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$167M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$75.5M |
| 3 |
CCM
Cornerstone Capital Management
Edina,
Minnesota
|
+$68.8M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$58.6M |
| 5 |
AC
Apex Capital
Orinda,
California
|
+$52.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
-$114M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$95.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$77.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$65.4M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$52.4M |
YELP Hedge Fund Activity: Q1 2015 in Review
226 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q1 2015, worth a combined $3B — down 7.6% from $3.24B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of YELP and 55 opened new positions — a net loss of 2 holders — while 68 trimmed existing stakes and 85 added.
The largest buyer was Jackson Square Partners, adding an estimated $167M. The largest seller was Caledonia Investments (Australia), exiting entirely with an estimated $114M sold.
- 226 institutional investors held Yelp (YELP) as of Q1 2015, down from 229 in Q4 2014.
- Funds reported $3B of Yelp stock for Q1 2015, down 7.6% quarter-over-quarter.
- 55 funds opened new Yelp positions in Q1 2015 and 57 closed out, a net change of -2 holders.
- The largest Yelp buyer in Q1 2015 was Jackson Square Partners, an estimated $167M added.
- The largest Yelp seller in Q1 2015 was Caledonia Investments (Australia), an estimated $114M sold.
Based on aggregated 13F filings for Q1 2015.