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174 hedge funds and large institutions have $1.16B 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.

New
Increased
Maintained
Reduced
Closed

8% less funds holding

Funds holding: 190174 (-16)

9.62% less ownership

Funds ownership: 96.73%87.12% (-9.6%)

10% less funds holding in top 10

Funds holding in top 10: 109 (-1)

18% less call options, than puts

Call options by funds: $46.5M | Put options by funds: $56.4M

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

37% less capital invested

Capital invested by funds: $1.84B → $1.16B (-$673M)

Holders
174
Holders Change
-16
Holders Change %
-8.42%
% of All Funds
4.64%
Holding in Top 10
9
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-10%
% of All Funds
0.24%
New
31
Increased
52
Reduced
67
Closed
45
Calls
$46.5M
Puts
$56.4M
Net Calls
-$9.92M
Net Calls Change
-$45.5M
Name Holding Trade Value Shares
Change
Change in
Stake
TCM
1
Tybourne Capital Management
Hong Kong
$122M
MC
2
Maverick Capital
Texas
$108M +$21.9M +1,067,556 +24%
Vanguard Group
3
Vanguard Group
Pennsylvania
$89M +$3.55M +173,514 +4%
GC
4
Greenlight Capital
New York
$64.3M +$58.4M +2,850,700 +744%
PGP
5
Prescott General Partners
Florida
$63.1M +$38.2M +1,866,266 +143%
EAM
6
EastBay Asset Management
New York
$46.5M +$13.4M +653,117 +39%
JSP
7
Jackson Square Partners
California
$42.1M -$50.1M -2,449,719 -54%
Deutsche Bank
8
Deutsche Bank
Germany
$33.5M +$26M +1,269,241 +307%
Citadel Advisors
9
Citadel Advisors
Florida
$33.4M -$340K -16,623 -1%
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$33.2M +$12.6M +617,145 +58%
Morgan Stanley
11
Morgan Stanley
New York
$29.3M -$5.73M -279,897 -16%
CCM
12
Criterion Capital Management
California
$28.9M +$7.85M +383,300 +36%
Macquarie Group
13
Macquarie Group
Australia
$28.4M -$11.7M -569,212 -28%
BIT
14
BlackRock Institutional Trust
California
$28.1M -$168K -8,220 -0.6%
DCM
15
Dorsal Capital Management
California
$27.8M +$13.3M +650,000 +87%
SCM
16
Stonerise Capital Management
California
$17.7M
KA
17
Kerrisdale Advisers
Florida
$17.4M +$11M +537,267 +159%
State Street
18
State Street
Massachusetts
$15.8M +$436K +21,302 +3%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$13M -$1.49M -72,593 -10%
PC
20
Passport Capital
California
$13M +$13.3M +651,555 New
Barclays
21
Barclays
United Kingdom
$12.2M -$12.3M -601,858 -48%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$12.1M -$17.5M -854,275 -58%
RCG
23
Ruane, Cunniff & Goldfarb
New York
$11.7M +$9.88M +482,600 +448%
Goldman Sachs
24
Goldman Sachs
New York
$11.1M +$3.92M +191,385 +52%
Allianz Asset Management
25
Allianz Asset Management
Germany
$9.91M -$811K -39,618 -7%

YELP Hedge Fund Activity: Q1 2016 in Review

174 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q1 2016, worth a combined $1.16B — down 37% 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 $1.16B of Yelp stock for Q1 2016, down 37% 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.