Bitauto Holdings Limited
BITA
BITA was delisted on the 4th of November, 2020.
65 hedge funds and large institutions have $605M invested in Bitauto Holdings Limited in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 30 increasing their positions, 15 reducing their positions, and 25 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 15
18% more capital invested
Capital invested by funds: $515M → $605M (+$90.4M)
20% less funds holding
Funds holding: 81 → 65 (-16)
54% less call options, than puts
Call options by funds: $12.6M | Put options by funds: $27.5M
60% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$68.3M |
| 2 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$45.7M |
| 3 |
Goldman Sachs
New York
|
+$27.3M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$24.8M |
| 5 |
JP Morgan Chase
New York
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cantillon Capital Management
New York
|
-$75.1M |
| 2 |
CG
Carmignac Gestion
Paris,
France
|
-$47.5M |
| 3 |
ICP
Indus Capital Partners
New York
|
-$13.2M |
| 4 |
BAMCO Inc
New York
|
-$12.4M |
| 5 |
Millennium Management
New York
|
-$7.87M |
BITA Hedge Fund Activity: Q2 2018 in Review
65 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Bitauto Holdings Limited (BITA) for Q2 2018, worth a combined $605M — up 18% from $515M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BITA and 10 opened new positions — a net loss of 15 holders — while 15 trimmed existing stakes and 30 added.
The largest buyer was Credit Suisse, adding an estimated $68.3M. The largest seller was Cantillon Capital Management, exiting entirely with an estimated $75.1M sold.
- 65 institutional investors held Bitauto Holdings Limited (BITA) as of Q2 2018, down from 81 in Q1 2018.
- Funds reported $605M of Bitauto Holdings Limited stock for Q2 2018, up 18% quarter-over-quarter.
- 10 funds opened new Bitauto Holdings Limited positions in Q2 2018 and 25 closed out, a net change of -15 holders.
- The largest Bitauto Holdings Limited buyer in Q2 2018 was Credit Suisse, an estimated $68.3M added.
- The largest Bitauto Holdings Limited seller in Q2 2018 was Cantillon Capital Management, an estimated $75.1M sold.
Based on aggregated 13F filings for Q2 2018.