Yelp
YELP
174 hedge funds and large institutions have $1.17B invested in Yelp in 2016 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 52 increasing their positions, 67 reducing their positions, and 45 closing their positions.
8% less funds holding
Funds holding: 190 → 174 (-16)
9.49% less ownership
Funds ownership: 96.6% → 87.12% (-9.5%)
18% less call options, than puts
Call options by funds: $46.5M | Put options by funds: $56.4M
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
22% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 67
31% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 45
36% less capital invested
Capital invested by funds: $1.84B → $1.17B (-$664M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greenlight Capital
New York
|
+$58.4M |
| 2 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
+$38.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$26M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
+$21.9M |
| 5 |
EAM
EastBay Asset Management
New York
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$104M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$50.1M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$17.5M |
| 4 |
AC
Ascend Capital
Orinda,
California
|
-$16.6M |
| 5 |
CCM
Cadian Capital Management
New York
|
-$14.8M |
YELP Hedge Fund Activity: Q1 2016 in Review
174 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q1 2016, worth a combined $1.17B — down 36% from $1.84B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of YELP and 31 opened new positions — a net loss of 14 holders — while 67 trimmed existing stakes and 52 added.
The largest buyer was Greenlight Capital, adding an estimated $58.4M. The largest seller was Eminence Capital, exiting entirely with an estimated $104M sold.
- 174 institutional investors held Yelp (YELP) as of Q1 2016, down from 190 in Q4 2015.
- Funds reported $1.17B of Yelp stock for Q1 2016, down 36% quarter-over-quarter.
- 31 funds opened new Yelp positions in Q1 2016 and 45 closed out, a net change of -14 holders.
- The largest Yelp buyer in Q1 2016 was Greenlight Capital, an estimated $58.4M added.
- The largest Yelp seller in Q1 2016 was Eminence Capital, an estimated $104M sold.
Based on aggregated 13F filings for Q1 2016.