Yext
YEXT
178 hedge funds and large institutions have $600M invested in Yext in 2022 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 69 increasing their positions, 50 reducing their positions, and 23 closing their positions.
70% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 23
38% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 50
9% more funds holding
Funds holding: 163 → 178 (+15)
2.32% less ownership
Funds ownership: 68.67% → 66.35% (-2.3%)
32% less capital invested
Capital invested by funds: $883M → $600M (-$283M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
82% less call options, than puts
Call options by funds: $1.23M | Put options by funds: $6.68M
Top Buyers
| 1 |
LECM
Lead Edge Capital Management
New York
|
+$53.2M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$28.3M |
| 3 |
Millennium Management
New York
|
+$21.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.6M |
| 5 |
D.E. Shaw & Co
New York
|
+$10.8M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$86.4M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$49.3M |
| 3 |
ClearBridge Investments
New York
|
-$48.1M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$22.5M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
-$7.9M |
YEXT Hedge Fund Activity: Q1 2022 in Review
178 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Yext (YEXT) for Q1 2022, worth a combined $600M — down 32% from $883M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new YEXT positions and 23 closed out — a net gain of 16 holders — while 69 added to existing stakes and 50 trimmed.
The largest buyer was Lead Edge Capital Management, opening a new position worth an estimated $53.2M. The largest seller was Fidelity Investments, cutting an estimated $86.4M.
- 178 institutional investors held Yext (YEXT) as of Q1 2022, up from 163 in Q4 2021.
- Funds reported $600M of Yext stock for Q1 2022, down 32% quarter-over-quarter.
- 39 funds opened new Yext positions in Q1 2022 and 23 closed out, a net change of +16 holders.
- The largest Yext buyer in Q1 2022 was Lead Edge Capital Management, an estimated $53.2M added.
- The largest Yext seller in Q1 2022 was Fidelity Investments, an estimated $86.4M sold.
Based on aggregated 13F filings for Q1 2022.