Bitauto Holdings Limited
BITA
BITA was delisted on the 4th of November, 2020.
82 hedge funds and large institutions have $306M invested in Bitauto Holdings Limited in 2019 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 15 increasing their positions, 26 reducing their positions, and 13 closing their positions.
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
60% more capital invested
Capital invested by funds: $191M → $306M (+$115M)
15% more funds holding
Funds holding: 71 → 82 (+11)
25% less call options, than puts
Call options by funds: $17M | Put options by funds: $22.6M
42% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCP
Maso Capital Partners
Hong Kong
|
+$20.5M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$13M |
| 3 |
OMC
Oasis Management Company
Grand Cayman,
Cayman Islands
|
+$5.48M |
| 4 |
QCMA
Quad Capital Management Advisors
New York
|
+$4.94M |
| 5 |
QF
QVT Financial
New York
|
+$4.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$9.1M |
| 2 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
-$6.92M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$5.56M |
| 4 |
RGI
River Global Investors
London,
United Kingdom
|
-$4.79M |
| 5 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$4.53M |
BITA Hedge Fund Activity: Q3 2019 in Review
82 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Bitauto Holdings Limited (BITA) for Q3 2019, worth a combined $306M — up 60% from $191M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BITA positions and 13 closed out — a net gain of 11 holders — while 15 added to existing stakes and 26 trimmed.
The largest buyer was Maso Capital Partners, opening a new position worth an estimated $20.5M. The largest seller was Goldman Sachs, cutting an estimated $9.1M.
- 82 institutional investors held Bitauto Holdings Limited (BITA) as of Q3 2019, up from 71 in Q2 2019.
- Funds reported $306M of Bitauto Holdings Limited stock for Q3 2019, up 60% quarter-over-quarter.
- 24 funds opened new Bitauto Holdings Limited positions in Q3 2019 and 13 closed out, a net change of +11 holders.
- The largest Bitauto Holdings Limited buyer in Q3 2019 was Maso Capital Partners, an estimated $20.5M added.
- The largest Bitauto Holdings Limited seller in Q3 2019 was Goldman Sachs, an estimated $9.1M sold.
Based on aggregated 13F filings for Q3 2019.