Bitauto Holdings Limited
BITA
BITA was delisted on the 4th of November, 2020.
89 hedge funds and large institutions have $622M invested in Bitauto Holdings Limited in 2017 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 34 increasing their positions, 24 reducing their positions, and 28 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 24
6% less funds holding
Funds holding: 95 → 89 (-6)
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
18% less call options, than puts
Call options by funds: $14.7M | Put options by funds: $18M
31% less capital invested
Capital invested by funds: $902M → $622M (-$280M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
+$45.6M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$25.4M |
| 3 |
BAMCO Inc
New York
|
+$13.8M |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$13.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
-$50.2M |
| 2 |
ICP
Indus Capital Partners
New York
|
-$31.2M |
| 3 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$20.6M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$20.6M |
| 5 |
Renaissance Technologies
New York
|
-$17.8M |
BITA Hedge Fund Activity: Q4 2017 in Review
89 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Bitauto Holdings Limited (BITA) for Q4 2017, worth a combined $622M — down 31% from $902M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of BITA and 24 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 34 added.
The largest buyer was Carmignac Gestion, adding an estimated $45.6M. The largest seller was Hillhouse Investment Management, exiting entirely with an estimated $50.2M sold.
- 89 institutional investors held Bitauto Holdings Limited (BITA) as of Q4 2017, down from 95 in Q3 2017.
- Funds reported $622M of Bitauto Holdings Limited stock for Q4 2017, down 31% quarter-over-quarter.
- 24 funds opened new Bitauto Holdings Limited positions in Q4 2017 and 28 closed out, a net change of -4 holders.
- The largest Bitauto Holdings Limited buyer in Q4 2017 was Carmignac Gestion, an estimated $45.6M added.
- The largest Bitauto Holdings Limited seller in Q4 2017 was Hillhouse Investment Management, an estimated $50.2M sold.
Based on aggregated 13F filings for Q4 2017.