Bitauto Holdings Limited
BITA
BITA was delisted on the 4th of November, 2020.
82 hedge funds and large institutions have $295M invested in Bitauto Holdings Limited in 2020 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 17 reducing their positions, and 10 closing their positions.
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
76% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 17
12% more funds holding
Funds holding: 73 → 82 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less capital invested
Capital invested by funds: $315M → $295M (-$20.3M)
46% less call options, than puts
Call options by funds: $6.26M | Put options by funds: $11.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$8.57M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$7.79M |
| 3 |
SCS
Syquant Capital SAS
Paris,
France
|
+$7.57M |
| 4 |
BHMP
Bardin Hill Management Partners
New York
|
+$6.18M |
| 5 |
QF
QVT Financial
New York
|
+$4.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCP
Maso Capital Partners
Hong Kong
|
-$66.9M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$5.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.8M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.82M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$1.33M |
BITA Hedge Fund Activity: Q3 2020 in Review
82 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Bitauto Holdings Limited (BITA) for Q3 2020, worth a combined $295M — down 6.4% from $315M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BITA positions and 10 closed out — a net gain of 9 holders — while 30 added to existing stakes and 17 trimmed.
The largest buyer was Millennium Management, adding an estimated $8.57M. The largest seller was Maso Capital Partners, exiting entirely with an estimated $66.9M sold.
- 82 institutional investors held Bitauto Holdings Limited (BITA) as of Q3 2020, up from 73 in Q2 2020.
- Funds reported $295M of Bitauto Holdings Limited stock for Q3 2020, down 6.4% quarter-over-quarter.
- 19 funds opened new Bitauto Holdings Limited positions in Q3 2020 and 10 closed out, a net change of +9 holders.
- The largest Bitauto Holdings Limited buyer in Q3 2020 was Millennium Management, an estimated $8.57M added.
- The largest Bitauto Holdings Limited seller in Q3 2020 was Maso Capital Partners, an estimated $66.9M sold.
Based on aggregated 13F filings for Q3 2020.