Counterpoint Mutual Funds 13F: New $9M Stake in YELP
Key Points
- Counterpoint Mutual Funds opened a new position in Yelp Inc (YELP) acquiring 483,821 shares valued at $8.95 million.
- Yelp Inc recently traded around $19.57, sitting below both its 50-day and 200-day moving averages.
- Other institutional funds like LSV Asset Management and Acadian Asset Management adjusted their own holdings in the review period.
Since the filing, $YELP is down 1.6% to date (from the $19.88 close on Oct 16, 2026).
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Counterpoint Mutual Funds opened a new position in Yelp Inc (YELP), purchasing 483,821 shares valued at about $8.95 million. The move was disclosed in a Form 13F filing with the SEC on October 16, 2026. Yelp shares closed at $19.88 on the filing date.
YELP
Yelp Inc.
Counterpoint Mutual Funds vs. the S&P 500
Hypothetical returns from Counterpoint Mutual Funds's disclosed trades, not real profit or advice. How we model this.
What Changed in Counterpoint Mutual Funds's Yelp Inc Position
The fund initiated a brand-new stake in the online business review platform during the quarter, buying 483,821 shares with a total reported value of $8,950,689.0. Because this is a brand-new holding, the fund had no prior shares of the company on record.
Other Institutional Activity in Yelp Inc
Other large funds also adjusted their positions in Yelp around the same period. LSV Asset Management reduced its holdings by 53,503 shares, ending with 2,777,340 shares worth about $54,352,542.0 for a 1.9% decrease. Acadian Asset Management, LLC cut its stake by 35,782 shares, leaving it with 2,172,958 shares valued at roughly $42,524,787.0, marking a 1.6% decrease. American Century Companies Inc boosted its holdings significantly, adding 361,874 shares for a 24.2% increase to finish with 1,857,840 shares worth about $36,357,928.0. Allianz Asset Management GmbH grew its stake by 33,751 shares, or 2.3%, ending with 1,507,599 shares valued at approximately $29,503,711.0.
Yelp Inc. Stock Down 1.6%
Yelp shares recently traded around $19.57 as of October 20, 2026, down about 1.6% from the filing-date close. The stock trades below its 50-day moving average of $21.03 and its 200-day moving average of $24.26, while sitting 13.3% above its 52-week low of $17.27.
Recent Earnings
Yelp posted solid profitability metrics, including an EPS of $2.08 and an 8.6% net margin. The company is scheduled to report its next batch of earnings on November 5, 2026.
Insider Buying and Selling at Yelp Inc.
Insiders completed several transactions prior to the filing, including sales by Chief Technology Officer Alexander Coleman Levy and Chief Financial Officer David A Schwarzbach.
Analysts Set New Price Targets
Analyst sentiment remains cautious, with Morgan Stanley maintaining an Underweight rating and lowering its price target to $17.0 on October 13, 2026.
About Yelp Inc
Yelp Inc operates a popular online platform that helps people find local services, ranging from restaurants and retail shops to home repair and professional contractors. The company connects consumers with merchants across the United States and global markets.
Bottom Line
Counterpoint Mutual Funds's new position brings fresh attention to Yelp as the company heads toward its November 5 earnings release. Investors will watch to see if other institutions follow suit as the stock trades near the lower end of its 52-week range.
Related Filing Alerts
Source: Counterpoint Mutual Funds's 13F filing on $YELP (Oct 16, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts