Yelp
YELP
274 hedge funds and large institutions have $2.72B invested in Yelp in 2019 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 81 increasing their positions, 94 reducing their positions, and 34 closing their positions.
106% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 34
15% more funds holding
Funds holding: 239 → 274 (+35)
0.6% more ownership
Funds ownership: 95.4% → 96% (+0.6%)
2% less capital invested
Capital invested by funds: $2.78B → $2.72B (-$61.5M)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
14% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 94
38% less call options, than puts
Call options by funds: $111M | Put options by funds: $180M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$38.5M |
| 2 |
D.E. Shaw & Co
New York
|
+$33M |
| 3 |
Millennium Management
New York
|
+$32.8M |
| 4 |
Two Sigma Investments
New York
|
+$23.5M |
| 5 |
PIMJS
PKO Investment Management Joint-Stock
Warsaw,
Poland
|
+$18.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$45.1M |
| 2 |
EAM
EastBay Asset Management
New York
|
-$41.3M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$35.3M |
| 4 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
-$30.3M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$25.9M |
YELP Hedge Fund Activity: Q1 2019 in Review
274 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Yelp (YELP) for Q1 2019, worth a combined $2.72B — down 2.2% from $2.78B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new YELP positions and 34 closed out — a net gain of 36 holders — while 81 added to existing stakes and 94 trimmed.
The largest buyer was Prudential Financial, adding an estimated $38.5M. The largest seller was Morgan Stanley, cutting an estimated $45.1M.
- 274 institutional investors held Yelp (YELP) as of Q1 2019, up from 239 in Q4 2018.
- Funds reported $2.72B of Yelp stock for Q1 2019, down 2.2% quarter-over-quarter.
- 70 funds opened new Yelp positions in Q1 2019 and 34 closed out, a net change of +36 holders.
- The largest Yelp buyer in Q1 2019 was Prudential Financial, an estimated $38.5M added.
- The largest Yelp seller in Q1 2019 was Morgan Stanley, an estimated $45.1M sold.
Based on aggregated 13F filings for Q1 2019.