Bitauto Holdings Limited
BITA
BITA was delisted on the 4th of November, 2020.
75 hedge funds and large institutions have $329M invested in Bitauto Holdings Limited in 2019 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 27 increasing their positions, 15 reducing their positions, and 7 closing their positions.
186% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 7
80% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 15
19% more funds holding
Funds holding: 63 → 75 (+12)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
42% less call options, than puts
Call options by funds: $4.21M | Put options by funds: $7.21M
50% less capital invested
Capital invested by funds: $652M → $329M (-$323M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
+$18.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.1M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$12.2M |
| 4 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
+$6.9M |
| 5 |
Millennium Management
New York
|
+$6.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLC
Snow Lake Capital
Central,
Hong Kong
|
-$165M |
| 2 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$8.25M |
| 3 |
JP Morgan Chase
New York
|
-$6.11M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$5.51M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HT
76
HAP Trading
New York
| – | -$1.3M | -52,555 | Closed |
|
|
WCM
77
Weld Capital Management
New York
| – | -$982K | -39,639 | Closed |
|
|
FG
78
Formula Growth
Montreal,
Quebec, Canada
| – | -$409K | -16,500 | Closed |
|
|
PI
79
PEAK6 Investments
Chicago,
Illinois
| – | -$383K | -15,450 | Closed |
|
|
ED
80
Exane Derivatives
Paris,
France
| – | -$268K | -10,841 | Closed |
|
|
FGAM
81
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$37 | +2 | New |
|
82
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$312 | +17 | New |
|
BITA Hedge Fund Activity: Q1 2019 in Review
75 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Bitauto Holdings Limited (BITA) for Q1 2019, worth a combined $329M — down 50% from $652M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BITA positions and 7 closed out — a net gain of 13 holders — while 27 added to existing stakes and 15 trimmed.
The largest buyer was Carmignac Gestion, opening a new position worth an estimated $18.1M. The largest seller was Snow Lake Capital, cutting an estimated $165M.
- 75 institutional investors held Bitauto Holdings Limited (BITA) as of Q1 2019, up from 63 in Q4 2018.
- Funds reported $329M of Bitauto Holdings Limited stock for Q1 2019, down 50% quarter-over-quarter.
- 20 funds opened new Bitauto Holdings Limited positions in Q1 2019 and 7 closed out, a net change of +13 holders.
- The largest Bitauto Holdings Limited buyer in Q1 2019 was Carmignac Gestion, an estimated $18.1M added.
- The largest Bitauto Holdings Limited seller in Q1 2019 was Snow Lake Capital, an estimated $165M sold.
Based on aggregated 13F filings for Q1 2019.