Bitauto Holdings Limited
BITA
BITA was delisted on the 4th of November, 2020.
73 hedge funds and large institutions have $315M invested in Bitauto Holdings Limited in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 24 closing their positions.
46% more capital invested
Capital invested by funds: $215M → $315M (+$100M)
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 78 → 73 (-5)
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
38% less call options, than puts
Call options by funds: $8.44M | Put options by funds: $13.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$24.2M |
| 2 |
Millennium Management
New York
|
+$15.8M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$8.5M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$6.86M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$4.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$43.8M |
| 2 |
YCMGA
York Capital Management Global Advisors
New York
|
-$15.4M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.71M |
| 4 |
KFA
Krane Funds Advisors
New York
|
-$5.3M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$4.83M |
BITA Hedge Fund Activity: Q2 2020 in Review
73 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Bitauto Holdings Limited (BITA) for Q2 2020, worth a combined $315M — up 46% from $215M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BITA and 20 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 22 added.
The largest buyer was Alpine Associates Management, opening a new position worth an estimated $24.2M. The largest seller was Invesco, cutting an estimated $43.8M.
- 73 institutional investors held Bitauto Holdings Limited (BITA) as of Q2 2020, down from 78 in Q1 2020.
- Funds reported $315M of Bitauto Holdings Limited stock for Q2 2020, up 46% quarter-over-quarter.
- 20 funds opened new Bitauto Holdings Limited positions in Q2 2020 and 24 closed out, a net change of -4 holders.
- The largest Bitauto Holdings Limited buyer in Q2 2020 was Alpine Associates Management, an estimated $24.2M added.
- The largest Bitauto Holdings Limited seller in Q2 2020 was Invesco, an estimated $43.8M sold.
Based on aggregated 13F filings for Q2 2020.