Melvin Capital Management’s Fitbit, Inc. Class A common stock FIT Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2016
Q4
Sell
-400,000
Closed -$5.94M 111
2016
Q3
$5.94M Sell
400,000
-800,000
-67% -$11.7M 0.16% 73
2016
Q2
$14.7M Buy
+1,200,000
New +$17.8M 0.47% 52

Other funds holding FIT

Melvin Capital Management's FIT Position: Q1 2016 in Review

Melvin Capital Management sold out of Fitbit, Inc. Class A common stock (FIT) in Q1 2016, closing a stake of 50,000 shares — an estimated $1.48M sold.

Melvin Capital Management first reported a position in FIT in Q4 2015 and held it in 1 quarter. The position peaked at $1.48M in Q4 2015. 216 funds tracked by Wall St. Rank hold FIT as of Q1 2016.

  • Melvin Capital Management reported no remaining Fitbit, Inc. Class A common stock position as of Q1 2016 after selling out during the quarter.
  • Melvin Capital Management sold 50,000 Fitbit, Inc. Class A common stock shares in Q1 2016, an estimated $1.48M.
  • Melvin Capital Management first reported a position in Fitbit, Inc. Class A common stock in Q4 2015 and held it in 1 quarter.
  • Melvin Capital Management's Fitbit, Inc. Class A common stock position peaked at $1.48M in Q4 2015.
  • 216 funds tracked by Wall St. Rank held Fitbit, Inc. Class A common stock as of Q1 2016.

Based on Melvin Capital Management's 13F filing for Q1 2016, filed 16 May 2016.