Yelp
YELP
229 hedge funds and large institutions have $3.24B invested in Yelp in 2014 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 92 increasing their positions, 74 reducing their positions, and 51 closing their positions.
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
24% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 74
4% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 51
8% less call options, than puts
Call options by funds: $291M | Put options by funds: $317M
2.93% less ownership
Funds ownership: 97.67% → 94.74% (-2.9%)
3% less funds holding
Funds holding: 236 → 229 (-7)
21% less capital invested
Capital invested by funds: $4.11B → $3.24B (-$872M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$146M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$104M |
| 3 |
TCM
Tybourne Capital Management
Hong Kong
|
+$72.3M |
| 4 |
Morgan Stanley
New York
|
+$67.8M |
| 5 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$41.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$223M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$91.3M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$79.3M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$75.6M |
| 5 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
-$52.5M |
YELP Hedge Fund Activity: Q4 2014 in Review
229 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q4 2014, worth a combined $3.24B — down 21% from $4.11B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of YELP and 49 opened new positions — a net loss of 2 holders — while 74 trimmed existing stakes and 92 added.
The largest buyer was UBS AM, adding an estimated $146M. The largest seller was Invesco, cutting an estimated $223M.
- 229 institutional investors held Yelp (YELP) as of Q4 2014, down from 236 in Q3 2014.
- Funds reported $3.24B of Yelp stock for Q4 2014, down 21% quarter-over-quarter.
- 49 funds opened new Yelp positions in Q4 2014 and 51 closed out, a net change of -2 holders.
- The largest Yelp buyer in Q4 2014 was UBS AM, an estimated $146M added.
- The largest Yelp seller in Q4 2014 was Invesco, an estimated $223M sold.
Based on aggregated 13F filings for Q4 2014.