Yelp
YELP
242 hedge funds and large institutions have $2.63B invested in Yelp in 2015 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 107 increasing their positions, 56 reducing their positions, and 46 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 56
47% more call options, than puts
Call options by funds: $641M | Put options by funds: $436M
43% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 46
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
7% more funds holding
Funds holding: 226 → 242 (+16)
3.55% less ownership
Funds ownership: 97.76% → 94.21% (-3.6%)
12% less capital invested
Capital invested by funds: $3B → $2.63B (-$361M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$78.4M |
| 2 |
TCM
Tybourne Capital Management
Hong Kong
|
+$59.7M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$42.6M |
| 4 |
Coatue Management
New York
|
+$38.3M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$37.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$203M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$140M |
| 3 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$59.4M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$53.3M |
| 5 |
JC
Joho Capital
New York
|
-$38.1M |
YELP Hedge Fund Activity: Q2 2015 in Review
242 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q2 2015, worth a combined $2.63B — down 12% from $3B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new YELP positions and 46 closed out — a net gain of 20 holders — while 107 added to existing stakes and 56 trimmed.
The largest buyer was Eminence Capital, opening a new position worth an estimated $78.4M. The largest seller was Wellington Management Group, cutting an estimated $203M.
- 242 institutional investors held Yelp (YELP) as of Q2 2015, up from 226 in Q1 2015.
- Funds reported $2.63B of Yelp stock for Q2 2015, down 12% quarter-over-quarter.
- 66 funds opened new Yelp positions in Q2 2015 and 46 closed out, a net change of +20 holders.
- The largest Yelp buyer in Q2 2015 was Eminence Capital, an estimated $78.4M added.
- The largest Yelp seller in Q2 2015 was Wellington Management Group, an estimated $203M sold.
Based on aggregated 13F filings for Q2 2015.