Yelp
YELP
223 hedge funds and large institutions have $1.21B invested in Yelp in 2020 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 83 increasing their positions, 73 reducing their positions, and 63 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 73
0.25% more ownership
Funds ownership: 93.48% → 93.72% (+0.25%)
15% less funds holding
Funds holding: 262 → 223 (-39)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
47% less capital invested
Capital invested by funds: $2.29B → $1.21B (-$1.07B)
47% less call options, than puts
Call options by funds: $14.5M | Put options by funds: $27.6M
57% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
+$40.1M |
| 2 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
+$21.1M |
| 3 |
D.E. Shaw & Co
New York
|
+$16.4M |
| 4 |
TGM
Tenzing Global Management
San Francisco,
California
|
+$14.4M |
| 5 |
Walleye Trading
New York
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$21.1M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$21M |
| 3 |
DLA
Douglas Lane & Associates
New York
|
-$10.7M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$10.2M |
| 5 |
Two Sigma Investments
New York
|
-$8.93M |
YELP Hedge Fund Activity: Q1 2020 in Review
223 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q1 2020, worth a combined $1.21B — down 47% from $2.29B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of YELP and 27 opened new positions — a net loss of 36 holders — while 73 trimmed existing stakes and 83 added.
The largest buyer was Steadfast Capital Management, opening a new position worth an estimated $40.1M. The largest seller was BlackRock, cutting an estimated $21.1M.
- 223 institutional investors held Yelp (YELP) as of Q1 2020, down from 262 in Q4 2019.
- Funds reported $1.21B of Yelp stock for Q1 2020, down 47% quarter-over-quarter.
- 27 funds opened new Yelp positions in Q1 2020 and 63 closed out, a net change of -36 holders.
- The largest Yelp buyer in Q1 2020 was Steadfast Capital Management, an estimated $40.1M added.
- The largest Yelp seller in Q1 2020 was BlackRock, an estimated $21.1M sold.
Based on aggregated 13F filings for Q1 2020.