MakeMyTrip

MMYT • NASDAQ

MakeMyTrip is a travel services company in the consumer cyclical sector on NASDAQ, led by Rajesh Magow, with a market cap of $7.9B. As of Q3 2025, 73% of shares are held by 282 institutional investors, with FMR LLC as the largest holder at 9.06%.

Group Chief Executive OfficerRajesh Magow

Market Cap$7.9B

Travel Services

Consumer Cyclical

Employees4.6K

Websitemakemytrip.com

Overview

Overview of institutional ownership in MMYT as of Q3 2025 with a market cap of $8.9B

All Institutions

Institutions: 282
Value Held: $6.5B
Shares Held: 69.7M
Avg Position: $23.1M
Median Position: $1.4M

Hedge Funds

Hedge Funds: 36
Value Held: $369.7M
Shares Held: 3.9M
Avg Position: $10.3M
Median Position: $4.4M

Ownership Breakdown

Institutional (non-HF)

69.15%

$6.2B

Hedge Funds

4.15%

$369.7M

Retail & Other

26.7%

$2.4B

Based on market cap of $8.9B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in MMYT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
FMR LLC Institution	-	$807.2M 0.04% of portfolio	9.06% 8.6M shares	Q2 2019 Held for 6y 5m	$1.92T
SCHRODER INVESTMENT MANAGEMENT GROUP RIA/Wealth	Toby James Glover CEO	$591.3M 0.47% of portfolio	6.64% 6.3M shares	Q3 2022 Held for 3y 2m	$125.97B
B BAILLIE GIFFORD & CO Institution	-	$471.7M 0.35% of portfolio	5.30% 5.0M shares	Q1 2017 Held for 8y 8m	$134.80B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$320.0M 0.02% of portfolio	3.59% 3.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$302.6M 0.02% of portfolio	3.40% 3.2M shares	Q1 2021 Held for 4y 8m	$1.56T
Artisan Partners Limited Partnership Long Only Manager	Eric Richard Colson CEO	$213.5M 0.31% of portfolio	2.40% 2.3M shares	Q3 2023 Held for 2y 2m	$69.5B
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$194.4M 0.02% of portfolio	2.18% 2.1M shares	Q1 2025 Held for 8 months	$912.31B
JENNISON ASSOCIATES LLC Long Only Manager	Jeffrey Todd Becker CEO	$174.2M 0.10% of portfolio	1.96% 1.9M shares	Q4 2016 Held for 8y 11m	$171.73B
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$162.4M 0.02% of portfolio	1.82% 1.7M shares	Q4 2021 Held for 3y 11m	$691.34B
C Capital International Investors Institution	-	$160.8M 0.03% of portfolio	1.81% 1.7M shares	Q4 2020 Held for 4y 11m	$615.90B

Net Capital Flow

Institutional buying and selling activity for MMYT in Q3 2025

Traded: +$49.9M
Buyers: 148
Sellers: 151
Total Bought: +$909.0M
Total Sold: −$859.2M
Avg Position: $19.3M

Biggest Buyers

Institution	Net Bought	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$92.7M +990.3K shares	$194.4M 2.1M shares
MORGAN STANLEY RIA/Wealth	+$79.3M +847.6K shares	$320.0M 3.4M shares
SCHRODER INVESTMENT MANAGEMENT GROUP RIA/Wealth	+$64.5M +689.0K shares	$591.3M 6.3M shares
C Coronation Fund Managers Ltd. Institution	+$56.7M +605.4K shares	$81.0M 865.2K shares
JPMORGAN CHASE & CO Institution	+$51.8M +553.4K shares	$302.6M 3.2M shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	+$44.5M +475.2K shares	$69.1M 737.7K shares
M Mitsubishi UFJ Trust & Banking Corp Institution	+$39.8M +425.7K shares	$47.7M 509.9K shares
Clearbridge Investments, LLC Long Only Manager	+$29.2M +312.0K shares	$29.2M 312.0K shares
C Capital International Investors Institution	+$29.1M +310.6K shares	$160.8M 1.7M shares
A Allianz Asset Management AG Institution	+$27.2M +290.8K shares	$61.3M 655.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
I Investec Asset Management LTD Long Only Manager	−$65.6M −700.6K shares	$7.7M 82.5K shares
B BAILLIE GIFFORD & CO Institution	−$63.3M −676.1K shares	$471.7M 5.0M shares
J JANE STREET GROUP, LLC Institution	−$60.8M −649.5K shares	$10.3M 110.3K shares
FRANKLIN RESOURCES INC Institution	−$60.4M −645.0K shares	$130.8M 1.4M shares
A AMERICAN CENTURY COMPANIES INC Institution	−$53.0M −566.4K shares	$82.4M 880.9K shares
F FIL Ltd Institution	−$51.7M −551.8K shares	$84.7M 905.2K shares
A AXA Institution	−$42.2M −431.0K shares	Sold Off 0 shares
Ghisallo Capital Management LLC Hedge Fund•Multi-Strategy	−$39.0M −416.6K shares	$31.2M 333.4K shares
UBS Group AG Institution	−$38.3M −409.2K shares	$53.4M 570.6K shares
FMR LLC Institution	−$33.4M −356.8K shares	$807.2M 8.6M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited MMYT in Q3 2025

New Positions: 21
New Value: $63.8M
Exited Positions: 56
Exited Value: $148.0M

New Positions

Institution	Position Value
Clearbridge Investments, LLC Long Only Manager	$29.2M 312.0K shares
G Greenwoods Asset Management Hong Kong Ltd. Institution	$24.0M 256.9K shares
ZEVENBERGEN CAPITAL INVESTMENTS LLC Long Only Manager	$3.9M 41.6K shares
Q Quantessence Capital LLC Hedge Fund•Quant	$855.6K 9.1K shares
D DYMON ASIA CAPITAL PTE. LTD. Institution	$795.6K 8.5K shares
E Exit Wealth Advisors, LLC. RIA/Wealth	$726.8K 7.8K shares
Beacon Pointe Advisors, LLC RIA/Wealth	$723.8K 7.7K shares
Cambridge Investment Research Advisors, Inc. RIA/Wealth	$665.4K 7.1K shares
S S.A.C. Capital Advisors Ltd. Institution	$639.5K 6.8K shares
REGIONS FINANCIAL CORP Institution	$615.2K 6.6K shares

Exited Positions

Institution	Previous Position
A AXA Institution	$42.2M 431.0K shares
I Investec Asset Management North America, Inc. Long Only Manager	$19.9M 202.9K shares
Trexquant Investment LP Hedge Fund•Quant	$12.7M 129.5K shares
KEYSTONE INVESTORS PTE LTD RIA/Wealth	$9.8M 99.6K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$9.7M 98.5K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$7.6M 77.4K shares
Monashee Investment Management LLC Hedge Fund•Sector	$5.1M 52.5K shares
A APG All Pensions Group NV Institution	$4.9M 58.5K shares
T Triasima Portfolio Management inc. Long Only Manager	$3.7M 37.8K shares
P PRUDENTIAL PLC Institution	$3.3M 34.1K shares

Options Activity

Institutions with the largest Call and Put options positions in MMYT as of Q3 2025

Call Positions: 8
Call Value: $16.3M
Put Positions: 7
Put Value: $5.7M

Call Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$4.8M 512.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.5M 485.0 contracts
P PEAK6 LLC Institution	$4.1M 436.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.6M 169.0 contracts
W WOLVERINE TRADING, LLC Institution	$771.4K 82.0 contracts
Walleye Trading LLC RIA/Wealth	$393.1K 42.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$121.7K 13.0 contracts
BANK OF AMERICA CORP /DE/ Institution	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.5M 370.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.1M 118.0 contracts
J JANE STREET GROUP, LLC Institution	$430.6K 46.0 contracts
W WOLVERINE TRADING, LLC Institution	$310.4K 33.0 contracts
Walleye Trading LLC RIA/Wealth	$308.9K 33.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$84.2K 9.0 contracts
P PEAK6 LLC Institution	- - contracts

Most Committed Institutions

Institutions with MMYT as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
A AMANSA CAPITAL PTE. LTD. Institution	-	100.00% $149.8M	1.68% 1.6M shares	Q4 2022 Held for 2y 11m	$149.8M
D Dalton Investments LLC Hedge Fund•Value	Sarah Barbara Alfandari CEO	15.76% $23.3M	0.26% 248.9K shares	Q1 2020 Held for 5y 8m	$147.8M
S Seatown Holdings Pte. Ltd. Institution	-	10.43% $18.1M	0.20% 193.3K shares	Q4 2024 Held for 11 months	$173.5M
Palisades Investment Partners, LLC RIA/Wealth	Quinn R. Stills Managing Partner	4.32% $11.0M	0.12% 117.5K shares	Q2 2024 Held for 1y 5m	$254.6M
C Coronation Fund Managers Ltd. Institution	-	4.23% $81.0M	0.91% 865.2K shares	Q2 2025 Held for 5 months	$1.9B
MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC Long Only Manager	Mark Wold Headley CEO	3.96% $16.9M	0.19% 180.1K shares	Q3 2024 Held for 1y 2m	$426.1M
Totem Point Management, LLC Hedge Fund•Long/Short	Neal Nathani Managing Partner	3.78% $4.4M	0.05% 47.0K shares	Q1 2024 Held for 1y 8m	$116.4M
C Carrhae Capital LLP Hedge Fund•Long/Short	Ali Akay CIO	3.38% $35.4M	0.40% 378.1K shares	Q3 2021 Held for 4y 2m	$1.0B
F FACT Capital, LP Hedge Fund•Long/Short	Joyce S Meng Managing Partner	3.38% $6.5M	0.07% 69.3K shares	Q4 2024 Held for 11 months	$192.3M
MayTech Global Investments, LLC Hedge Fund•Sector	Nels George Wangensteen CEO	2.95% $28.3M	0.32% 302.1K shares	Q4 2022 Held for 2y 11m	$958.3M

Hedge Fund Spotlight

Discover hedge funds investing in MMYT

Voleon Capital Management LP

Hedge Fund • Quant

Portfolio ManagerMichael Kharitonov

Portfolio Value: $4.1B
Positions: 884
Last Reported: Q3 2025

Sector Allocation

Position in MakeMyTrip

Market Value: $420.9K
Shares Held: 4.5K
Portfolio Weight: 0.01%
Owned Since: 2025-Q3

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