Yext
YEXT
160 hedge funds and large institutions have $367M invested in Yext in 2022 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 46 increasing their positions, 55 reducing their positions, and 28 closing their positions.
1% more funds holding
Funds holding: 158 → 160 (+2)
7% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 28
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.24% less ownership
Funds ownership: 68.82% → 66.58% (-2.2%)
10% less capital invested
Capital invested by funds: $407M → $367M (-$40.8M)
16% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 55
22% less call options, than puts
Call options by funds: $1.45M | Put options by funds: $1.86M
Top Buyers
| 1 |
LECM
Lead Edge Capital Management
New York
|
+$11.8M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.65M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.01M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$3.82M |
| 5 |
D.E. Shaw & Co
New York
|
+$3.77M |
Top Sellers
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$16.5M |
| 2 |
Millennium Management
New York
|
-$6.77M |
| 3 |
Goldman Sachs
New York
|
-$5.85M |
| 4 |
Renaissance Technologies
New York
|
-$5.37M |
| 5 |
Two Sigma Investments
New York
|
-$5.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$13K | -2,706 | Closed |
|
|
AF
177
Advisornet Financial
Minnetonka,
Minnesota
| – | -$4K | -934 | Closed |
|
178
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1.11K | -240 | -74% |
|
|
VVP
179
Venture Visionary Partners
Sylvania,
Ohio
| – | -$956 | -200 | Closed |
|
|
MCM
180
Manchester Capital Management
Manchester,
Vermont
| – | -$186 | -40 | -30% |
|
|
C
181
Covestor
London,
United Kingdom
| – | +$32 | +7 | New |
|
YEXT Hedge Fund Activity: Q3 2022 in Review
160 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Yext (YEXT) for Q3 2022, worth a combined $367M — down 10% from $407M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new YEXT positions and 28 closed out — a net gain of 2 holders — while 46 added to existing stakes and 55 trimmed.
The largest buyer was Lead Edge Capital Management, adding an estimated $11.8M. The largest seller was Hawk Ridge Capital Management, exiting entirely with an estimated $16.5M sold.
- 160 institutional investors held Yext (YEXT) as of Q3 2022, up from 158 in Q2 2022.
- Funds reported $367M of Yext stock for Q3 2022, down 10% quarter-over-quarter.
- 30 funds opened new Yext positions in Q3 2022 and 28 closed out, a net change of +2 holders.
- The largest Yext buyer in Q3 2022 was Lead Edge Capital Management, an estimated $11.8M added.
- The largest Yext seller in Q3 2022 was Hawk Ridge Capital Management, an estimated $16.5M sold.
Based on aggregated 13F filings for Q3 2022.