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239 hedge funds and large institutions have $2.69B invested in Yelp in 2018 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 90 increasing their positions, 60 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 60

4.63% more ownership

Funds ownership: 90.77%95.4% (+4.6%)

2% more funds holding

Funds holding: 234239 (+5)

10% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 63

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

28% less capital invested

Capital invested by funds: $3.73B → $2.69B (-$1.05B)

48% less call options, than puts

Call options by funds: $142M | Put options by funds: $273M

Holders
239
Holders Change
+5
Holders Change %
+2.14%
% of All Funds
5.33%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.25%
New
69
Increased
90
Reduced
60
Closed
63
Calls
$142M
Puts
$273M
Net Calls
-$131M
Net Calls Change
-$194M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$380M +$118M +3,088,064 +40%
Vanguard Group
2
Vanguard Group
Pennsylvania
$259M +$19.3M +505,465 +7%
PGP
3
Prescott General Partners
Florida
$208M +$16.8M +440,950 +8%
SI
4
SQN Investors
California
$117M +$38.5M +1,008,338 +43%
Fisher Asset Management
5
Fisher Asset Management
Washington
$110M +$7.55M +197,640 +7%
Allianz Asset Management
6
Allianz Asset Management
Germany
$93.4M -$25.8M -675,079 -20%
SEP
7
Soma Equity Partners
California
$87.5M +$11.5M +300,000 +14%
State Street
8
State Street
Massachusetts
$85M +$30.4M +796,081 +49%
JSP
9
Jackson Square Partners
California
$74.8M +$4.25M +111,362 +5%
Goldman Sachs
10
Goldman Sachs
New York
$67.3M +$39.3M +1,028,704 +115%
EAM
11
EastBay Asset Management
New York
$63.4M +$14.3M +374,655 +26%
Morgan Stanley
12
Morgan Stanley
New York
$56.7M +$27.4M +715,841 +79%
SMDAM
13
Sumitomo Mitsui DS Asset Management
Japan
$56.6M -$19.2M -503,370 -24%
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$51M -$61.4M -1,607,030 -52%
Macquarie Group
15
Macquarie Group
Australia
$48.9M +$4.68M +122,560 +10%
Northern Trust
16
Northern Trust
Illinois
$43.8M +$8.07M +211,081 +20%
ClearBridge Investments
17
ClearBridge Investments
New York
$40.7M +$9.11M +238,548 +26%
Victory Capital Management
18
Victory Capital Management
Texas
$37M -$2.85M -74,655 -7%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$36.9M +$4.63M +121,261 +13%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$35.8M +$8.57M +224,363 +28%
ACM
21
Altimeter Capital Management
Massachusetts
$34.4M
Franklin Resources
22
Franklin Resources
California
$30.3M +$10.1M +263,871 +44%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$28.9M +$17.3M +452,511 +121%
Norges Bank
24
Norges Bank
Norway
$28.2M +$2.73M +71,367 +10%
DLA
25
Douglas Lane & Associates
New York
$26.7M +$3.87M +101,284 +15%

YELP Hedge Fund Activity: Q4 2018 in Review

239 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q4 2018, worth a combined $2.69B — down 28% from $3.73B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new YELP positions and 63 closed out — a net gain of 6 holders — while 90 added to existing stakes and 60 trimmed.

The largest buyer was BlackRock, adding an estimated $118M. The largest seller was Millennium Management, cutting an estimated $79.6M.

  • 239 institutional investors held Yelp (YELP) as of Q4 2018, up from 234 in Q3 2018.
  • Funds reported $2.69B of Yelp stock for Q4 2018, down 28% quarter-over-quarter.
  • 69 funds opened new Yelp positions in Q4 2018 and 63 closed out, a net change of +6 holders.
  • The largest Yelp buyer in Q4 2018 was BlackRock, an estimated $118M added.
  • The largest Yelp seller in Q4 2018 was Millennium Management, an estimated $79.6M sold.

Based on aggregated 13F filings for Q4 2018.