Yext
YEXT
188 hedge funds and large institutions have $522M invested in Yext in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 55 increasing their positions, 72 reducing their positions, and 34 closing their positions.
325% more call options, than puts
Call options by funds: $892K | Put options by funds: $210K
2.25% more ownership
Funds ownership: 69.15% → 71.4% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $545M → $522M (-$23.2M)
3% less funds holding
Funds holding: 194 → 188 (-6)
15% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 34
24% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LLL
Lynrock Lake LP
Rye Brook,
New York
|
+$18.4M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.39M |
| 3 |
BlackRock
New York
|
+$4.81M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.74M |
| 5 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$3.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
Gagnon Securities
New York
|
-$6.18M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$6M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.12M |
| 4 |
GA
Gagnon Advisors
New York
|
-$3.59M |
| 5 |
Millennium Management
New York
|
-$2.94M |
YEXT Hedge Fund Activity: Q4 2023 in Review
188 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Yext (YEXT) for Q4 2023, worth a combined $522M — down 4.3% from $545M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of YEXT and 29 opened new positions — a net loss of 5 holders — while 72 trimmed existing stakes and 55 added.
The largest buyer was Lynrock Lake LP, adding an estimated $18.4M. The largest seller was Gagnon Securities, cutting an estimated $6.18M.
- 188 institutional investors held Yext (YEXT) as of Q4 2023, down from 194 in Q3 2023.
- Funds reported $522M of Yext stock for Q4 2023, down 4.3% quarter-over-quarter.
- 29 funds opened new Yext positions in Q4 2023 and 34 closed out, a net change of -5 holders.
- The largest Yext buyer in Q4 2023 was Lynrock Lake LP, an estimated $18.4M added.
- The largest Yext seller in Q4 2023 was Gagnon Securities, an estimated $6.18M sold.
Based on aggregated 13F filings for Q4 2023.