Yelp
YELP
220 hedge funds and large institutions have $3.1B invested in Yelp in 2017 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 52 increasing their positions, 90 reducing their positions, and 40 closing their positions.
67% more call options, than puts
Call options by funds: $212M | Put options by funds: $126M
39% more capital invested
Capital invested by funds: $2.23B → $3.1B (+$871M)
30% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 40
5% more funds holding
Funds holding: 210 → 220 (+10)
4.84% less ownership
Funds ownership: 92.61% → 87.77% (-4.8%)
22% less funds holding in top 10
Funds holding in top 10: 18 → 14 (-4)
42% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$93.8M |
| 2 |
EC
Eminence Capital
New York
|
+$77.9M |
| 3 |
JCAM
Jericho Capital Asset Management
New York
|
+$51.4M |
| 4 |
D.E. Shaw & Co
New York
|
+$43.5M |
| 5 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$30.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$74.2M |
| 2 |
EAM
EastBay Asset Management
New York
|
-$64.6M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$36.3M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$29.5M |
| 5 |
Morgan Stanley
New York
|
-$29.1M |
YELP Hedge Fund Activity: Q3 2017 in Review
220 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q3 2017, worth a combined $3.1B — up 39% from $2.23B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new YELP positions and 40 closed out — a net gain of 12 holders — while 52 added to existing stakes and 90 trimmed.
The largest buyer was William Blair Investment Management, adding an estimated $93.8M. The largest seller was First Trust Advisors, cutting an estimated $74.2M.
- 220 institutional investors held Yelp (YELP) as of Q3 2017, up from 210 in Q2 2017.
- Funds reported $3.1B of Yelp stock for Q3 2017, up 39% quarter-over-quarter.
- 52 funds opened new Yelp positions in Q3 2017 and 40 closed out, a net change of +12 holders.
- The largest Yelp buyer in Q3 2017 was William Blair Investment Management, an estimated $93.8M added.
- The largest Yelp seller in Q3 2017 was First Trust Advisors, an estimated $74.2M sold.
Based on aggregated 13F filings for Q3 2017.