Yext
YEXT
59 hedge funds and large institutions have $347M invested in Yext in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 14 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.35% less ownership
Funds ownership: 29.3% → 28.95% (-0.35%)
1% less capital invested
Capital invested by funds: $352M → $347M (-$4.72M)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
2% less funds holding
Funds holding: 60 → 59 (-1)
96% less call options, than puts
Call options by funds: $15K | Put options by funds: $359K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$5.37M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.3M |
| 3 |
BAMCO Inc
New York
|
+$2.95M |
| 4 |
Axa
Paris,
France
|
+$1.59M |
| 5 |
GJCM
Grand Jean Capital Management
San Francisco,
California
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$9M |
| 2 |
JP Morgan Chase
New York
|
-$4.22M |
| 3 |
ZP
Zimmer Partners
New York
|
-$2.69M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.53M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$1.33M |
YEXT Hedge Fund Activity: Q3 2017 in Review
59 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Yext (YEXT) for Q3 2017, worth a combined $347M — down 1.3% from $352M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of YEXT and 13 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 18 added.
The largest buyer was Massachusetts Financial Services, adding an estimated $5.37M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $9M sold.
- 59 institutional investors held Yext (YEXT) as of Q3 2017, down from 60 in Q2 2017.
- Funds reported $347M of Yext stock for Q3 2017, down 1.3% quarter-over-quarter.
- 13 funds opened new Yext positions in Q3 2017 and 14 closed out, a net change of -1 holder.
- The largest Yext buyer in Q3 2017 was Massachusetts Financial Services, an estimated $5.37M added.
- The largest Yext seller in Q3 2017 was Adage Capital Partners, an estimated $9M sold.
Based on aggregated 13F filings for Q3 2017.