Yext
YEXT
140 hedge funds and large institutions have $1.24B invested in Yext in 2018 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 49 increasing their positions, 31 reducing their positions, and 16 closing their positions.
200% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 16
122% more call options, than puts
Call options by funds: $5.8M | Put options by funds: $2.61M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
58% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 31
30% more funds holding
Funds holding: 108 → 140 (+32)
23% more capital invested
Capital invested by funds: $1B → $1.24B (+$231M)
0.55% less ownership
Funds ownership: 53.62% → 53.07% (-0.55%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$42.6M |
| 2 |
Renaissance Technologies
New York
|
+$29.2M |
| 3 |
HCM
Hitchwood Capital Management
New York
|
+$22.9M |
| 4 |
D.E. Shaw & Co
New York
|
+$22.5M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$22.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IHG
Insight Holdings Group
New York
|
-$149M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$33M |
| 3 |
SRFM
Shannon River Fund Management
New York
|
-$15.9M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$15.3M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$14.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
151
Gotham Asset Management
New York
| – | -$318K | -16,463 | Closed |
|
152
Tudor Investment Corp
Stamford,
Connecticut
| – | -$263K | -13,594 | Closed |
|
|
AB
153
Amalgamated Bank
New York
| – | -$240K | -12,434 | Closed |
|
154
Group One Trading
Chicago,
Illinois
| – | -$93.7K | -4,100 | Closed |
|
|
PIA
155
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$27K | -1,410 | Closed |
|
|
GBBWRPM
156
Genovese Burford & Brothers Wealth & Retirement Plan Management
Sacramento,
California
| – | -$15K | -750 | Closed |
|
YEXT Hedge Fund Activity: Q3 2018 in Review
140 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Yext (YEXT) for Q3 2018, worth a combined $1.24B — up 23% from $1B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new YEXT positions and 16 closed out — a net gain of 32 holders — while 49 added to existing stakes and 31 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $42.6M. The largest seller was Insight Holdings Group, exiting entirely with an estimated $149M sold.
- 140 institutional investors held Yext (YEXT) as of Q3 2018, up from 108 in Q2 2018.
- Funds reported $1.24B of Yext stock for Q3 2018, up 23% quarter-over-quarter.
- 48 funds opened new Yext positions in Q3 2018 and 16 closed out, a net change of +32 holders.
- The largest Yext buyer in Q3 2018 was Capital International Investors, an estimated $42.6M added.
- The largest Yext seller in Q3 2018 was Insight Holdings Group, an estimated $149M sold.
Based on aggregated 13F filings for Q3 2018.