Bitauto Holdings Limited
BITA
BITA was delisted on the 4th of November, 2020.
81 hedge funds and large institutions have $515M invested in Bitauto Holdings Limited in 2018 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 26 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 21
9% less funds holding
Funds holding: 89 → 81 (-8)
17% less capital invested
Capital invested by funds: $622M → $515M (-$107M)
22% less call options, than puts
Call options by funds: $8.92M | Put options by funds: $11.4M
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$195M |
| 2 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$28.5M |
| 3 |
PL
Perpetual Ltd
Sydney, New South Wales,
Australia
|
+$15.2M |
| 4 |
Millennium Management
New York
|
+$11.1M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$8.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$38.7M |
| 2 |
CG
Carmignac Gestion
Paris,
France
|
-$32.7M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$23.6M |
| 4 |
CCM
Cantillon Capital Management
New York
|
-$21.3M |
| 5 |
TPC
Tiger Pacific Capital
New York
|
-$11.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Bank of New York Mellon
New York
| – | -$261K | -8,203 | Closed |
|
|
CM
102
Castleark Management
Chicago,
Illinois
| – | -$153K | -4,800 | Closed |
|
|
RFA
103
Reilly Financial Advisors
La Mesa,
California
| – | -$64K | -2,000 | Closed |
|
|
CA
104
Calton & Associates
Tampa,
Florida
| – | -$7K | -200 | Closed |
|
105
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$4K | -100 | Closed |
|
|
FGAM
106
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$93 | +3 | New |
|
BITA Hedge Fund Activity: Q1 2018 in Review
81 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Bitauto Holdings Limited (BITA) for Q1 2018, worth a combined $515M — down 17% from $622M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of BITA and 18 opened new positions — a net loss of 8 holders — while 21 trimmed existing stakes and 33 added.
The largest buyer was Invesco, adding an estimated $195M. The largest seller was BAMCO Inc, cutting an estimated $38.7M.
- 81 institutional investors held Bitauto Holdings Limited (BITA) as of Q1 2018, down from 89 in Q4 2017.
- Funds reported $515M of Bitauto Holdings Limited stock for Q1 2018, down 17% quarter-over-quarter.
- 18 funds opened new Bitauto Holdings Limited positions in Q1 2018 and 26 closed out, a net change of -8 holders.
- The largest Bitauto Holdings Limited buyer in Q1 2018 was Invesco, an estimated $195M added.
- The largest Bitauto Holdings Limited seller in Q1 2018 was BAMCO Inc, an estimated $38.7M sold.
Based on aggregated 13F filings for Q1 2018.