Yext
YEXT
134 hedge funds and large institutions have $819M invested in Yext in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 55 increasing their positions, 36 reducing their positions, and 31 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 36
1.64% more ownership
Funds ownership: 53.07% → 54.71% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
4% less funds holding
Funds holding: 140 → 134 (-6)
16% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 31
34% less capital invested
Capital invested by funds: $1.24B → $819M (-$416M)
49% less call options, than puts
Call options by funds: $1.28M | Put options by funds: $2.5M
Top Buyers
| 1 |
ClearBridge Investments
New York
|
+$24.5M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$17.1M |
| 3 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
+$12.3M |
| 4 |
BAMCO Inc
New York
|
+$12M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$11.4M |
Top Sellers
| 1 |
HCM
Hitchwood Capital Management
New York
|
-$23.7M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$16.5M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$15.3M |
| 4 |
Morgan Stanley
New York
|
-$9.68M |
| 5 |
SCM
Sandler Capital Management
New York
|
-$6.78M |
YEXT Hedge Fund Activity: Q4 2018 in Review
134 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Yext (YEXT) for Q4 2018, worth a combined $819M — down 34% from $1.24B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of YEXT and 26 opened new positions — a net loss of 5 holders — while 36 trimmed existing stakes and 55 added.
The largest buyer was ClearBridge Investments, adding an estimated $24.5M. The largest seller was Hitchwood Capital Management, exiting entirely with an estimated $23.7M sold.
- 134 institutional investors held Yext (YEXT) as of Q4 2018, down from 140 in Q3 2018.
- Funds reported $819M of Yext stock for Q4 2018, down 34% quarter-over-quarter.
- 26 funds opened new Yext positions in Q4 2018 and 31 closed out, a net change of -5 holders.
- The largest Yext buyer in Q4 2018 was ClearBridge Investments, an estimated $24.5M added.
- The largest Yext seller in Q4 2018 was Hitchwood Capital Management, an estimated $23.7M sold.
Based on aggregated 13F filings for Q4 2018.