Groupon Inc. (GRPN)

[FUNMAN]

GRPN Stake Increased by A.R.T. Advisors LLC

March 15th, 2017

Groupon logoA.R.T. Advisors LLC increased its position in Groupon Inc (NASDAQ:GRPN) by 755.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 126,600 shares of the coupon company’s stock after buying an additional 111,800 shares during the period. A.R.T. Advisors LLC’s holdings in Groupon were worth $420,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in GRPN. Sumitomo Mitsui Asset Management Company LTD bought a new stake in shares of Groupon during the third quarter worth about $30,647,000. D. E. Shaw & Co. Inc. raised its stake in shares of Groupon by 81.1% in the third quarter. D. E. Shaw & Co. Inc. now owns 7,108,667 shares of the coupon company’s stock worth $36,609,000 after buying an additional 3,183,938 shares during the period. Morgan Stanley raised its stake in shares of Groupon by 44.5% in the third quarter. Morgan Stanley now owns 7,461,022 shares of the coupon company’s stock worth $38,425,000 after buying an additional 2,299,150 shares during the period. Fuller & Thaler Asset Management Inc. bought a new stake in shares of Groupon during the third quarter worth about $10,562,000. Finally, Picton Mahoney Asset Management bought a new stake in shares of Groupon during the third quarter worth about $8,365,000. 59.44% of the stock is currently owned by institutional investors.