Bitauto Holdings Limited
BITA
BITA was delisted on the 4th of November, 2020.
75 hedge funds and large institutions have $316M invested in Bitauto Holdings Limited in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 19 reducing their positions, and 16 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 19
3% more capital invested
Capital invested by funds: $306M → $316M (+$10M)
9% less funds holding
Funds holding: 82 → 75 (-7)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
44% less call options, than puts
Call options by funds: $8.94M | Put options by funds: $16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCP
Maso Capital Partners
Hong Kong
|
+$22.7M |
| 2 |
Millennium Management
New York
|
+$10.8M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$7.04M |
| 4 |
Goldman Sachs
New York
|
+$3.86M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$3.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
-$17.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$11.9M |
| 3 |
Citigroup
New York
|
-$10.6M |
| 4 |
QCMA
Quad Capital Management Advisors
New York
|
-$6.05M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$5.1M |
BITA Hedge Fund Activity: Q4 2019 in Review
75 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Bitauto Holdings Limited (BITA) for Q4 2019, worth a combined $316M — up 3.3% from $306M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BITA and 9 opened new positions — a net loss of 7 holders — while 19 trimmed existing stakes and 31 added.
The largest buyer was Maso Capital Partners, adding an estimated $22.7M. The largest seller was Carmignac Gestion, exiting entirely with an estimated $17.6M sold.
- 75 institutional investors held Bitauto Holdings Limited (BITA) as of Q4 2019, down from 82 in Q3 2019.
- Funds reported $316M of Bitauto Holdings Limited stock for Q4 2019, up 3.3% quarter-over-quarter.
- 9 funds opened new Bitauto Holdings Limited positions in Q4 2019 and 16 closed out, a net change of -7 holders.
- The largest Bitauto Holdings Limited buyer in Q4 2019 was Maso Capital Partners, an estimated $22.7M added.
- The largest Bitauto Holdings Limited seller in Q4 2019 was Carmignac Gestion, an estimated $17.6M sold.
Based on aggregated 13F filings for Q4 2019.