YELP INC YELP
CL A · Common Stock · CUSIP 985817105 · ISIN US9858171054
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* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($8.4m this quarter). Holder counts are more reliable. Shares outstanding: 63.1m as of 2025-08-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $34.28. Options: 11 managers hold calls ($10.6m notional), 11 hold puts ($8.9m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 233 |
| Q4 2022 | 244 |
| Q1 2023 | 246 |
| Q2 2023 | 254 |
| Q3 2023 | 278 |
| Q4 2023 | 299 |
| Q1 2024 | 284 |
| Q2 2024 | 285 |
| Q3 2024 | 287 |
| Q4 2024 | 316 |
| Q1 2025 | 320 |
| Q2 2025 | 335 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 142 | 121 |
| Q4 2023 | 144 | 130 |
| Q1 2024 | 129 | 161 |
| Q2 2024 | 142 | 138 |
| Q3 2024 | 146 | 137 |
| Q4 2024 | 152 | 131 |
| Q1 2025 | 172 | 151 |
| Q2 2025 | 180 | 161 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $25.2m | $17.0m | 0.68 |
| Q4 2024 | $24.4m | $19.5m | 0.80 |
| Q1 2025 | $10.5m | $11.2m | 1.06 |
| Q2 2025 | $10.6m | $8.9m | 0.84 |
Biggest buyers
| Qube Research & Technologies Ltd | Added | +579.9k |
| JUPITER ASSET MANAGEMENT LTD | Added | +548.6k |
| MILLENNIUM MANAGEMENT LLC | Added | +414.4k |
| ROYAL BANK OF CANADA | Added | +398.5k |
| AMERICAN CENTURY COMPANIES INC | Added | +377.4k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +322.8k |
| UBS Group AG | Added | +284.5k |
| MARSHALL WACE, LLP | Added | +270.0k |
| Man Group plc | Added | +242.2k |
| LSV ASSET MANAGEMENT | Added | +191.4k |
Biggest sellers
| BlackRock, Inc. | Reduced | -981.2k |
| Fisher Asset Management, LLC | Reduced | -882.4k |
| Quantedge Capital Pte Ltd | Sold out | -400.8k |
| VANGUARD GROUP INC | Reduced | -304.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -270.1k |
| Cubist Systematic Strategies, LLC | Sold out | -211.0k |
| JPMORGAN CHASE & CO | Reduced | -209.9k |
| Tenzing Global Management, LLC | Sold out | -175.0k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -168.4k |
| CITADEL ADVISORS LLC | Reduced | -145.8k |
Biggest calls
| GOLDMAN SACHS GROUP INC | Unchanged | $4.3m125.7k shares |
| CITADEL ADVISORS LLC | Reduced | $2.1m61.3k shares |
| PEAK6 LLC | Added | $1.5m44.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.2m34.7k shares |
| IMC-Chicago, LLC | Added | $726.5k21.2k shares |
| JANE STREET GROUP, LLC | Added | $404.4k11.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $123.0k3.6k shares |
| Walleye Capital LLC | New | $82.2k2.4k shares |
| Walleye Trading LLC | Reduced | $51.4k1.5k shares |
| GROUP ONE TRADING LLC | Reduced | $44.6k1.3k shares |
Biggest puts
| GOLDMAN SACHS GROUP INC | Unchanged | $2.9m85.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.0m59.7k shares |
| GROUP ONE TRADING LLC | New | $891.0k26.0k shares |
| CITADEL ADVISORS LLC | Reduced | $747.1k21.8k shares |
| Walleye Trading LLC | Added | $733.4k21.4k shares |
| IMC-Chicago, LLC | Added | $568.9k16.6k shares |
| JANE STREET GROUP, LLC | Reduced | $483.2k14.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $312.9k9.1k shares |
| Walleye Capital LLC | New | $143.9k4.2k shares |
| SIMPLEX TRADING, LLC | Added | $51.0k1.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -1.1 pts · filed 2025-10-17 | 14.0% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.6% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution new · filed 2026-07-14 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
| LSV ASSET MANAGEMENT 13G · institution new · filed 2026-08-06 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 5 | $5.8m | $5.3m |
| Q4 2023 | 0 | — | 5 | $6.4m | $6.2m |
| Q1 2024 | 0 | — | 2 | $1.1m | $1.1m |
| Q2 2024 | 0 | — | 4 | $2.0m | $1.4m |
| Q3 2024 | 0 | — | 2 | $1.1m | $1.1m |
| Q4 2024 | 0 | — | 5 | $2.5m | $2.0m |
| Q1 2025 | 0 | — | 5 | $3.7m | $3.7m |
| Q2 2025 | 0 | — | 6 | $3.4m | $3.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-23 | Saldanha Craig Chief Product Officer | Sold plan | $34.3k1.0k shares |
| 2025-06-16 | Schwarzbach David A Chief Financial Officer | Sold plan | $356.8k10.0k shares |
| 2025-06-16 | Jedda Dan Director | Sold plan | $99.7k2.8k shares |
| 2025-06-06 | Nachman Joseph R Chief Operating Officer | Sold plan | $751.2k20.3k shares |
| 2025-06-03 | Eaton Sam Chief Technology Officer | Sold plan | $17.1k461 shares |
| 2025-05-27 | Schwarzbach David A Chief Financial Officer | Sold plan | $382.0k10.0k shares |
| 2025-05-27 | Amara Carmen Chief People Officer | Sold plan | $263.0k6.9k shares |
| 2025-05-23 | Amara Carmen Chief People Officer | Sold plan | $86.5k2.3k shares |
| 2025-05-23 | Saldanha Craig Chief Product Officer | Sold plan | $37.5k1.0k shares |
| 2025-05-22 | Eaton Sam Chief Technology Officer | Sold plan | $492.7k12.9k shares |
| 2025-05-06 | Nachman Joseph R Chief Operating Officer | Sold plan | $244.3k7.0k shares |
| 2025-04-23 | Saldanha Craig Chief Product Officer | Sold plan | $34.5k1.0k shares |
| 2025-04-14 | Schwarzbach David A Chief Financial Officer | Sold plan | $343.1k10.0k shares |
| 2025-04-07 | Nachman Joseph R Chief Operating Officer | Sold plan | $236.3k7.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 10.7m $367.4m | Reduced -981.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 8.6m $295.1m | Reduced -304.5k |
| STATE STREET CORP 0.00% of their portfolio | 2.5m $84.5m | Reduced -32.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.17% of their portfolio | 2.4m $80.8m | Added +95.9k |
| LSV ASSET MANAGEMENT 0.17% of their portfolio | 2.1m $71.8m | Added +191.4k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.0m $67.9m | Reduced -13.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 1.8m $62.5m | Reduced -20.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.8m $62.4m | Added +3.9k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.5m $51.5m | Added +98.3k |
| River Road Asset Management, LLC 0.51% of their portfolio | 1.2m $40.1m | Reduced -33.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.1m $37.2m | Reduced -34.3k |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 1.0m $35.4m | Added +17.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 939.5k $32.2m | Added +86.4k |
| MORGAN STANLEY 0.00% of their portfolio | 930.3k $31.9m | Added +121.4k |
| JUPITER ASSET MANAGEMENT LTD 0.22% of their portfolio | 753.2k $25.8m | Added +548.6k |
| GOODNOW INVESTMENT GROUP, LLC 2.40% of their portfolio | 750.4k $25.7m | Reduced -4.1k |
| Man Group plc 0.05% of their portfolio | 741.7k $25.4m | Added +242.2k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 725.2k $24.9m | Added +579.9k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 683.9k $23.4m | Added +128.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 679.5k $23.3m | Reduced -50.0k |
| UBS Group AG 0.00% of their portfolio | 669.8k $23.0m | Added +284.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 651.0k $22.3m | Added +398.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 551.2k $18.9m | Added +377.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 537.3k $18.4m | Added +39.7k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 478.3k $16.4m | Added +414.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 446.0k $15.3m | Reduced -22.5k |
| Pacer Advisors, Inc. 0.04% of their portfolio | 430.5k $14.8m | Reduced -99.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 424.1k $14.5m | Reduced -209.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.06% of their portfolio | 415.9k $14.3m | Reduced -75.0k |
| FMR LLC 0.00% of their portfolio | 384.0k $13.2m | Reduced -9.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 359.1k $12.3m | Reduced -270.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 354.0k $12.1m | Reduced -20.5k |
| Robeco Institutional Asset Management B.V. 0.02% of their portfolio | 353.4k $12.1m | Reduced -2.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 351.0k $12.0m | Added +322.8k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 335.7k $11.5m | Reduced -132.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 313.8k $10.8m | Added +40.0k |
| Nuveen, LLC 0.00% of their portfolio | 301.1k $10.3m | Reduced -71.9k |
| Invesco Ltd. 0.00% of their portfolio | 300.1k $10.3m | Added +23.6k |
| Bridgewater Associates, LP 0.04% of their portfolio | 299.2k $10.3m | Added +42.4k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 295.6k $10.1m | Added +44.4k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 291.5k $10.0m | Added +270.0k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 286.8k $9.8m | Added +4.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 274.0k $9.4m | Added +65.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 268.2k $9.2m | Added +48.8k |
| Verition Fund Management LLC 0.05% of their portfolio | 262.0k $9.0m | Added +137.7k |
| Cambria Investment Management, L.P. 0.60% of their portfolio | 259.5k $8.9m | Reduced -24.2k |
| Public Sector Pension Investment Board 0.04% of their portfolio | 255.1k $8.7m | Added +11.2k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 233.6k $8.0m | Added +10.6k |
| Edgestream Partners, L.P. 0.22% of their portfolio | 230.5k $7.9m | Added +153.4k |
| CEERA INVESTMENTS, LLC 2.41% of their portfolio | 229.9k $7.9m | Added +5.3k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 221.4k $7.6m | Added +126.4k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 213.3k $7.3m | Added +22.6k |
| Legal & General Group Plc 0.00% of their portfolio | 188.3k $6.5m | Reduced -2.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 187.9k $6.4m | Added +5.6k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 182.3k $6.2m | Added +7.4k |
| Crawford Fund Management, LLC 3.57% of their portfolio | 176.8k $6.1m | Added +8.3k |
| Hillsdale Investment Management Inc. 0.22% of their portfolio | 171.8k $5.9m | Added +43.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 163.2k $5.6m | Reduced -168.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 162.0k $5.6m | Reduced -14.6k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 149.8k $5.1m | Added +31.6k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.02% of their portfolio | 148.1k $5.1m | Added +14.1k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 147.0k $5.0m | Reduced -1.8k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 146.0k $5.0m | Added +66.4k |
| BARCLAYS PLC 0.00% of their portfolio | 141.1k $4.8m | Added +36.3k |
| GLOBEFLEX CAPITAL L P 0.39% of their portfolio | 139.0k $4.8m | Added +15.1k |
| CX Institutional 0.17% of their portfolio | 138.3k $4.7m | Added +65.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 131.0k $4.5m | Added +4.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 130.3k $4.5m | Reduced -145.8k |
| Optimus Prime Fund Management Co., Ltd. 0.45% of their portfolio | 130.0k $4.5m | Added +109.5k |
| Moran Wealth Management, LLC 0.14% of their portfolio | 128.5k $4.4m | Reduced -10.2k |
| CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio | 118.0k $4.0m | Reduced -14.8k |
| Swiss National Bank 0.00% of their portfolio | 118.0k $4.0m | Reduced -3.2k |
| AXA S.A. 0.01% of their portfolio | 115.9k $4.0m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 113.6k $3.9m | Added +17.4k |
| Vident Advisory, LLC 0.04% of their portfolio | 109.4k $3.8m | Reduced -90.2k |
| Brevan Howard Capital Management LP 0.04% of their portfolio | 106.9k $3.7m | Added +80.4k |
| Y-Intercept (Hong Kong) Ltd 0.09% of their portfolio | 106.0k $3.6m | New |
| INGALLS & SNYDER LLC 0.11% of their portfolio | 94.0k $3.2m | Reduced -535 |
| Gotham Asset Management, LLC 0.02% of their portfolio | 93.5k $3.2m | Added +64.1k |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 89.6k $3.1m | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 89.5k $3.1m | Added +7.6k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.12% of their portfolio | 87.6k $3.0m | Added +60.6k |
| Dana Investment Advisors, Inc. 0.09% of their portfolio | 81.9k $2.8m | Reduced -718 |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 75.9k $2.6m | Added +9.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 72.8k $2.5m | Reduced -3.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 69.8k $2.4m | Added +31.3k |
| Elevate Capital Advisors, LLC 1.89% of their portfolio | 69.3k $2.4m | Reduced -5.4k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 69.2k $2.4m | Added +5.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 68.5k $2.3m | Added +846 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 66.6k $2.4m | Added +1.9k |
| CITIGROUP INC 0.00% of their portfolio | 66.1k $2.3m | Reduced -36.9k |
| Aurora Investment Counsel 1.19% of their portfolio | 66.0k $2.3m | Added +1.2k |
| MARTINGALE ASSET MANAGEMENT L P 0.05% of their portfolio | 64.3k $2.2m | Added +1.2k |
| CHASE INVESTMENT COUNSEL CORP 0.70% of their portfolio | 63.7k $2.2m | New |
| Amundi 0.00% of their portfolio | 61.6k $2.2m | Reduced -15.6k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 61.0k $2.1m | Reduced -3.3k |
| ROYCE & ASSOCIATES LP 0.02% of their portfolio | 59.5k $2.0m | Added +1.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 58.3k $2.0m | Added +393 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 56.3k $1.9m | Added +5.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 56.0k $1.9m | Added +38.3k |