Yext
YEXT
194 hedge funds and large institutions have $545M invested in Yext in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 75 increasing their positions, 67 reducing their positions, and 28 closing their positions.
898% more call options, than puts
Call options by funds: $3.66M | Put options by funds: $367K
12% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 67
3.38% less ownership
Funds ownership: 72.53% → 69.15% (-3.4%)
4% less funds holding
Funds holding: 202 → 194 (-8)
25% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 28
46% less capital invested
Capital invested by funds: $1.02B → $545M (-$473M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LLL
Lynrock Lake LP
Rye Brook,
New York
|
+$24.9M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$8.96M |
| 3 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$3.83M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.52M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$3.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$13M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$11M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$10.4M |
| 4 |
Morgan Stanley
New York
|
-$9.47M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.61M |
YEXT Hedge Fund Activity: Q3 2023 in Review
194 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Yext (YEXT) for Q3 2023, worth a combined $545M — down 46% from $1.02B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of YEXT and 21 opened new positions — a net loss of 7 holders — while 67 trimmed existing stakes and 75 added.
The largest buyer was Lynrock Lake LP, adding an estimated $24.9M. The largest seller was Millennium Management, cutting an estimated $13M.
- 194 institutional investors held Yext (YEXT) as of Q3 2023, down from 202 in Q2 2023.
- Funds reported $545M of Yext stock for Q3 2023, down 46% quarter-over-quarter.
- 21 funds opened new Yext positions in Q3 2023 and 28 closed out, a net change of -7 holders.
- The largest Yext buyer in Q3 2023 was Lynrock Lake LP, an estimated $24.9M added.
- The largest Yext seller in Q3 2023 was Millennium Management, an estimated $13M sold.
Based on aggregated 13F filings for Q3 2023.