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209 hedge funds and large institutions have $3.74B invested in Yelp in 2013 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 95 increasing their positions, 54 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

76% more repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 54

57% more call options, than puts

Call options by funds: $315M | Put options by funds: $201M

22% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 41

20% more capital invested

Capital invested by funds: $3.1B → $3.74B (+$631M)

3% more funds holding

Funds holding: 203209 (+6)

0% more funds holding in top 10

Funds holding in top 10: 1313 (0)

24.2% less ownership

Funds ownership: 118.91%94.71% (-24%)

Holders
209
Holders Change
+6
Holders Change %
+2.96%
% of All Funds
6.07%
Holding in Top 10
13
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.38%
New
50
Increased
95
Reduced
54
Closed
41
Calls
$315M
Puts
$201M
Net Calls
+$114M
Net Calls Change
-$22.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$222M +$74.2M +1,120,171 +53%
Allianz Asset Management
2
Allianz Asset Management
Germany
$199M -$41.9M -632,913 -18%
UBS AM
3
UBS AM
Illinois
$190M +$182M +2,744,071 +21,110%
BA
4
BlackRock Advisors
Delaware
$172M +$82.8M +1,251,044 +100%
GGHC
5
Gilder Gagnon Howe & Co
New York
$152M -$195K -2,940 -0.1%
CCI
6
Columbus Circle Investors
$140M +$71.5M +1,080,547 +114%
JC
7
Joho Capital
New York
$133M -$2.13M -32,200 -2%
AllianceBernstein
8
AllianceBernstein
Tennessee
$125M +$67.1M +1,013,445 +126%
SI
9
Scout Investments
Missouri
$121M +$1.23M +18,577 +1%
BIT
10
BlackRock Institutional Trust
California
$97.7M +$60.6M +915,868 +183%
BIM
11
BlackRock Investment Management
Delaware
$95.1M +$57.3M +864,960 +168%
1832 Asset Management
12
1832 Asset Management
Ontario, Canada
$94.5M -$24.4M -368,800 -21%
PC
13
Passport Capital
California
$73.9M
Franklin Resources
14
Franklin Resources
California
$72.9M +$8.74M +131,952 +14%
TCM
15
Tybourne Capital Management
Hong Kong
$70.7M +$17.5M +263,605 +35%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$67.1M +$55.6M +839,937 +630%
ZCI
17
Zevenbergen Capital Investments
Washington
$63.5M -$338K -5,110 -0.6%
BFA
18
BlackRock Fund Advisors
California
$63.5M +$5.07M +76,581 +9%
U
19
UBS
Switzerland
$60.2M +$5.49M +82,870 +10%
FCM
20
Frontier Capital Management
Massachusetts
$59.3M +$2.64M +39,895 +5%
DCM
21
Discovery Capital Management
Connecticut
$58.6M +$56.3M +850,200 New
Fidelity Investments
22
Fidelity Investments
Massachusetts
$57.5M -$80M -1,208,975 -59%
JCMLC
23
JAT Capital Management LP (Connecticut)
Connecticut
$53M -$20.6M -310,428 -29%
Morgan Stanley
24
Morgan Stanley
New York
$51.6M -$15M -226,617 -23%
Lord, Abbett & Co
25
Lord, Abbett & Co
New Jersey
$49.4M -$14.2M -214,316 -23%

YELP Hedge Fund Activity: Q4 2013 in Review

209 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q4 2013, worth a combined $3.74B — up 20% from $3.1B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new YELP positions and 41 closed out — a net gain of 9 holders — while 95 added to existing stakes and 54 trimmed.

The largest buyer was UBS AM, adding an estimated $182M. The largest seller was Fidelity Investments, cutting an estimated $80M.

  • 209 institutional investors held Yelp (YELP) as of Q4 2013, up from 203 in Q3 2013.
  • Funds reported $3.74B of Yelp stock for Q4 2013, up 20% quarter-over-quarter.
  • 50 funds opened new Yelp positions in Q4 2013 and 41 closed out, a net change of +9 holders.
  • The largest Yelp buyer in Q4 2013 was UBS AM, an estimated $182M added.
  • The largest Yelp seller in Q4 2013 was Fidelity Investments, an estimated $80M sold.

Based on aggregated 13F filings for Q4 2013.