Yext
YEXT
170 hedge funds and large institutions have $490M invested in Yext in 2024 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 71 increasing their positions, 44 reducing their positions, and 32 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 44
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
1.47% more ownership
Funds ownership: 71.14% → 72.6% (+1.5%)
4% less funds holding
Funds holding: 178 → 170 (-8)
9% less capital invested
Capital invested by funds: $539M → $490M (-$49.5M)
16% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 32
50% less call options, than puts
Call options by funds: $1.8M | Put options by funds: $3.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCR
Potrero Capital Research
San Francisco,
California
|
+$8.82M |
| 2 |
LLL
Lynrock Lake LP
Rye Brook,
New York
|
+$8.57M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$6.87M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$3.38M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$9.07M |
| 2 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$7M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$6.2M |
| 4 |
First Eagle Investment Management
New York
|
-$3.88M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$3.2M |
YEXT Hedge Fund Activity: Q2 2024 in Review
170 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Yext (YEXT) for Q2 2024, worth a combined $490M — down 9.2% from $539M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of YEXT and 27 opened new positions — a net loss of 5 holders — while 44 trimmed existing stakes and 71 added.
The largest buyer was Potrero Capital Research, adding an estimated $8.82M. The largest seller was Invenomic Capital Management, exiting entirely with an estimated $9.07M sold.
- 170 institutional investors held Yext (YEXT) as of Q2 2024, down from 178 in Q1 2024.
- Funds reported $490M of Yext stock for Q2 2024, down 9.2% quarter-over-quarter.
- 27 funds opened new Yext positions in Q2 2024 and 32 closed out, a net change of -5 holders.
- The largest Yext buyer in Q2 2024 was Potrero Capital Research, an estimated $8.82M added.
- The largest Yext seller in Q2 2024 was Invenomic Capital Management, an estimated $9.07M sold.
Based on aggregated 13F filings for Q2 2024.