Yext
YEXT
78 hedge funds and large institutions have $426M invested in Yext in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 37 increasing their positions, 4 reducing their positions, and 10 closing their positions.
825% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 4
190% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 10
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
32% more funds holding
Funds holding: 59 → 78 (+19)
23% more capital invested
Capital invested by funds: $347M → $426M (+$78.8M)
9.84% more ownership
Funds ownership: 28.95% → 38.79% (+9.8%)
73% less call options, than puts
Call options by funds: $104K | Put options by funds: $391K
Top Buyers
Top Sellers
| 1 |
PCOC
Power Corp of Canada
Montreal, Quebec,
Canada
|
-$8.83M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.73M |
| 3 |
SIM
Spark Investment Management
New York
|
-$1.6M |
| 4 |
JG
Jefferies Group
New York
|
-$664K |
| 5 |
Norges Bank
Oslo,
Norway
|
-$664K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TDC
76
Thompson Davis & Co
Richmond,
Virginia
| $2K | – | – | – |
|
|
77
Balyasny Asset Management
Chicago,
Illinois
| – | -$1.73M | -130,000 | Closed |
|
|
SIM
78
Spark Investment Management
New York
| – | -$1.6M | -120,700 | Closed |
|
|
JG
79
Jefferies Group
New York
| – | -$664K | -50,000 | Closed |
|
|
80
Norges Bank
Oslo,
Norway
| – | -$664K | -50,000 | Closed |
|
|
SPM
81
Symmetry Peak Management
Radnor,
Pennsylvania
| – | -$223K | -16,823 | Closed |
|
82
Goldman Sachs
New York
| – | -$137K | -10,287 | Closed |
|
|
NFA
83
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$98K | -7,373 | Closed |
|
84
Simplex Trading
Chicago,
Illinois
| – | -$50.1K | -4,000 | Closed |
|
|
SO
85
STRS Ohio
Columbus,
Ohio
| – | -$46K | -3,500 | Closed |
|
|
AG
86
Advisor Group
Phoenix,
Arizona
| – | -$16.3K | -1,300 | -98% |
|
|
TRCT
87
Tower Research Capital (TRC)
New York
| – | -$8K | -565 | Closed |
|
|
VFA
88
Valeo Financial Advisors
Carmel,
Indiana
| – | +$113 | +9 | +100% |
|
YEXT Hedge Fund Activity: Q4 2017 in Review
78 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Yext (YEXT) for Q4 2017, worth a combined $426M — up 23% from $347M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new YEXT positions and 10 closed out — a net gain of 19 holders — while 37 added to existing stakes and 4 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $32.3M. The largest seller was Power Corp of Canada, cutting an estimated $8.83M.
- 78 institutional investors held Yext (YEXT) as of Q4 2017, up from 59 in Q3 2017.
- Funds reported $426M of Yext stock for Q4 2017, up 23% quarter-over-quarter.
- 29 funds opened new Yext positions in Q4 2017 and 10 closed out, a net change of +19 holders.
- The largest Yext buyer in Q4 2017 was Fidelity Investments, an estimated $32.3M added.
- The largest Yext seller in Q4 2017 was Power Corp of Canada, an estimated $8.83M sold.
Based on aggregated 13F filings for Q4 2017.