Bitauto Holdings Limited
BITA
BITA was delisted on the 4th of November, 2020.
78 hedge funds and large institutions have $215M invested in Bitauto Holdings Limited in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 24 reducing their positions, and 12 closing their positions.
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
4% more funds holding
Funds holding: 75 → 78 (+3)
8% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 24
25% less call options, than puts
Call options by funds: $5.37M | Put options by funds: $7.13M
32% less capital invested
Capital invested by funds: $316M → $215M (-$100M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
+$14.5M |
| 2 |
MCP
Maso Capital Partners
Hong Kong
|
+$12.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$10.4M |
| 4 |
Millennium Management
New York
|
+$3.76M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$21.6M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$8.53M |
| 3 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$6.55M |
| 4 |
AC
Athos Capital
Hong Kong
|
-$4.16M |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$3.93M |
BITA Hedge Fund Activity: Q1 2020 in Review
78 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Bitauto Holdings Limited (BITA) for Q1 2020, worth a combined $215M — down 32% from $316M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BITA positions and 12 closed out — a net gain of 3 holders — while 26 added to existing stakes and 24 trimmed.
The largest buyer was York Capital Management Global Advisors, adding an estimated $14.5M. The largest seller was Invesco, cutting an estimated $21.6M.
- 78 institutional investors held Bitauto Holdings Limited (BITA) as of Q1 2020, up from 75 in Q4 2019.
- Funds reported $215M of Bitauto Holdings Limited stock for Q1 2020, down 32% quarter-over-quarter.
- 15 funds opened new Bitauto Holdings Limited positions in Q1 2020 and 12 closed out, a net change of +3 holders.
- The largest Bitauto Holdings Limited buyer in Q1 2020 was York Capital Management Global Advisors, an estimated $14.5M added.
- The largest Bitauto Holdings Limited seller in Q1 2020 was Invesco, an estimated $21.6M sold.
Based on aggregated 13F filings for Q1 2020.