Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Makemytrip Limited Mauritius (MMYT)

214 + Investors. Track Smart Money conviction in MMYT. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -57
Streak
3Q ▼
Buyers last Q
44%

Smart Money Signals — MMYT

Based on 216 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their MMYT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 73% of 3.0Y peak

73% of all-time peak
216 funds currently hold this stock — 73% of the 3.0-year high of 295 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 23% fewer funds vs a year ago

fund count last 6Q
64 fewer hedge funds hold MMYT compared to a year ago (-23% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 44% buying

129 buying167 selling
Last quarter: 167 funds reduced or exited vs 129 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~42 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 70 → 49 → 47 → 42. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 30% medium ■ 18% new
114 out of 216 hedge funds have held MMYT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +1%, value -54%

Value
-54%
Shares
+0%
Last quarter: funds added +1% more shares while total portfolio value only changed -54%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

52 → 70 → 49 → 47 → 42 new funds/Q
New funds entering each quarter: 70 → 49 → 47 → 42. MMYT is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 63% veterans vs 21% newcomers

■ 63% veterans ■ 16% 1-2yr ■ 21% new
Entry-cohort mix of 230 holders: 144 (63%) are 2+ year veterans, 37 entered 1–2 years ago, and 49 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 65% AUM from top-100 funds

65% from top-100 AUM funds
46 of 214 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in MMYT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.4
out of 10
Low Exit Risk
Exit risk score 2.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — MMYT

In 2026 Q1, 129 hedge funds were net buyers of MMYT (42 opened a new position, 87 added to an existing one), while 167 reduced or exited (68 trimmed, 99 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 65% of total institutional value in MMYT is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -57 funds (more exits than new entries). Total institutional holders: 216.

Hedge Fund Ownership: MMYT

How many hedge funds hold MMYT — quarterly history vs. share price
Quarterly hedge fund ownership of MMYT vs. share price

Market Analysis: MMYT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MMYT

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Makemytrip Limited Mauritius (MMYT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much MMYT has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
MMYT
+24.4%
XLY
+8.9%

MMYT outperformed XLY by +15.5% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
MMYT
+7.2%
XLY
+1.9%

Since the filing became public, MMYT outperformed XLY by +5.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

17 top-rated funds 3 high-conviction
Consensus
5.5
/ 10
breadth
×
Elite
2.7
/ 10
conviction
Hedge Fund Positioning: MMYT
214 + Investors

Track Smart Money conviction in MMYT. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 214 273 -21.61%
13F Shares 72M 71M 0.64%
Total Value $2.59B $5.65B -54.17%
New Positions 42 47 -5
Increased Positions 86 102 -16
Closed Positions 101 59 +42
Reduced Positions 64 90 -26
Total Calls 9 6 50.0%
Total Puts 7 6 16.67%
PUT/CALL Ratio 0.78 1.0 Neutral

Statistics: MMYT

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Valuation Measures Data as of: --

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Enterprise Value --
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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

214 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MMYT. Verified SEC 13F-HR filings.

QUARTER:
Top 25 MMYT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Amansa Capital PTE. LTD. 44.50% 2,227,189 $83.1M
2 Dalton Investments, Inc. 14.64% 405,596 $15.1M
3 Breakout Capital Partners, LP 12.68% 591,143 $22.0M
4 Arohi Asset Management PTE Ltd. 5.55% 410,100 $15.3M
5 Coronation Fund Managers Ltd. 2.60% 1,532,202 $57.1M
6 Palisades Investment Partners, LLC 1.79% 122,470 $4.6M
7 Tiger Pacific Capital LP 1.51% 166,051 $6.2M
8 Steadview Capital Management LLC 1.34% 81,185 $3.0M
9 KADENSA CAPITAL Ltd 0.97% 187,193 $7.0M
10 Scientech Research LLC 0.67% 21,476 $801K
11 U S Global Investors Inc 0.61% 140,706 $5.2M
12 Wasatch Advisors LP 0.58% 2,339,741 $87.2M
13 Fore Capital, LLC 0.58% 25,000 $932K
14 Baillie Gifford & Co 0.57% 15,012,963 $559.8M
15 RBF Capital, LLC 0.42% 216,510 $8.1M
16 Comgest Global Investors S.A.S. 0.40% 491,029 $18.3M
17 Greenwoods Asset Management Hong Kong Ltd. 0.37% 388,557 $14.5M
18 Fore Capital, LLC 0.35% 15,000 $559K
19 TT International Asset Management LTD 0.32% 78,580 $2.9M
20 Twinbeech Capital LP 0.31% 80,229 $3.0M
21 S-Bank Fund Management Ltd 0.25% 45,000 $1.7M
22 Arta Finance Wealth Management LLC 0.23% 12,613 $470K
23 Temasek Holdings (Private) Ltd 0.21% 1,701,456 $63.4M
24 Schroder Investment Management Group 0.19% 6,298,409 $234.9M
25 Artisan Partners Limited Partnership 0.18% 3,090,778 $115.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Makemytrip Limited Mauritius (MMYT)

What does the Smart Money Trend signal show for MMYT?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their MMYT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for MMYT?

More sellers than buyers — 44% buying: Last quarter: 167 funds reduced or exited vs 129 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for MMYT holders?

Elite ownership — 65% AUM from top-100 funds: 46 of 214 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in MMYT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held MMYT?

53% of holders stayed for 2+ years: 114 out of 216 hedge funds have held MMYT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Makemytrip Limited Mauritius (MMYT) following the 2026 Q1 hedge fund 13F filings?

As of today, MMYT has moved +7.2% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.9% for the XLY sector ETF — an outperformance of +5.3%. Since the quarter end (March 31, 2026), MMYT has gained +24.4% vs +8.9% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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