Bitauto Holdings Limited
BITA
BITA was delisted on the 4th of November, 2020.
60 hedge funds and large institutions have $271M invested in Bitauto Holdings Limited in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 24 reducing their positions, and 25 closing their positions.
17% more call options, than puts
Call options by funds: $4.77M | Put options by funds: $4.09M
23% less funds holding
Funds holding: 78 → 60 (-18)
25% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 24
43% less capital invested
Capital invested by funds: $478M → $271M (-$207M)
68% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 25
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cantillon Capital Management
New York
|
+$16.4M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$3.5M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.93M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.63M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$16.4M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$11.8M |
| 3 |
MICM
Matthews International Capital Management
San Francisco,
California
|
-$8.91M |
| 4 |
AAM
AO Asset Management
New York
|
-$6.49M |
| 5 |
KCM
Keywise Capital Management
Grand Cayman,
Cayman Islands
|
-$6.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LMGAM
76
Liberty Mutual Group Asset Management
Boston,
Massachusetts
| – | -$206K | -7,100 | Closed |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| – | -$119K | -4,090 | Closed |
|
|
QT
78
Quantbot Technologies
New York
| – | -$112K | -3,865 | Closed |
|
|
SCM
79
Segantii Capital Management
Hong Kong
| – | -$60K | -2,000 | Closed |
|
80
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$23.5K | -1,000 | -98% |
|
81
Creative Planning
Overland Park,
Kansas
| – | -$12K | -400 | Closed |
|
|
WA
82
WFG Advisors
Dallas,
Texas
| – | -$5K | -180 | Closed |
|
83
Parallax Volatility Advisers
San Francisco,
California
| – | -$4.2K | -179 | Closed |
|
84
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -63 | Closed |
|
BITA Hedge Fund Activity: Q4 2016 in Review
60 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Bitauto Holdings Limited (BITA) for Q4 2016, worth a combined $271M — down 43% from $478M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BITA and 8 opened new positions — a net loss of 17 holders — while 24 trimmed existing stakes and 18 added.
The largest buyer was Cantillon Capital Management, adding an estimated $16.4M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $16.4M sold.
- 60 institutional investors held Bitauto Holdings Limited (BITA) as of Q4 2016, down from 78 in Q3 2016.
- Funds reported $271M of Bitauto Holdings Limited stock for Q4 2016, down 43% quarter-over-quarter.
- 8 funds opened new Bitauto Holdings Limited positions in Q4 2016 and 25 closed out, a net change of -17 holders.
- The largest Bitauto Holdings Limited buyer in Q4 2016 was Cantillon Capital Management, an estimated $16.4M added.
- The largest Bitauto Holdings Limited seller in Q4 2016 was Arrowstreet Capital, an estimated $16.4M sold.
Based on aggregated 13F filings for Q4 2016.