Fitbit, Inc. Class A common stock
FIT
FIT was delisted on the 13th of January, 2021.
215 hedge funds and large institutions have $1.57B invested in Fitbit, Inc. Class A common stock in 2020 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 50 increasing their positions, 70 reducing their positions, and 28 closing their positions.
46% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 28
5% more capital invested
Capital invested by funds: $1.49B → $1.57B (+$78.3M)
4% more funds holding
Funds holding: 206 → 215 (+9)
29% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 70
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
51% less call options, than puts
Call options by funds: $65.6M | Put options by funds: $135M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Segantii Capital Management
Hong Kong
|
+$27M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$25M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$19.7M |
| 4 |
OP
Omni Partners
London,
United Kingdom
|
+$18.3M |
| 5 |
IA
IndexIQ Advisors
New York
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$36.1M |
| 2 |
Renaissance Technologies
New York
|
-$33.4M |
| 3 |
VI
Versor Investments
New York
|
-$22.4M |
| 4 |
Citigroup
New York
|
-$19.6M |
| 5 |
RA
Ramius Advisors
New York
|
-$17.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
226
Prelude Capital Management
New York
| – | -$99.4K | -15,301 | Closed |
|
|
RIA
227
Regal Investment Advisors
Kentwood,
Michigan
| – | -$98K | -15,095 | Closed |
|
|
GWM
228
Greenwich Wealth Management
Greenwich,
Connecticut
| – | -$77K | -11,851 | Closed |
|
|
X
229
Xponance
Philadelphia,
Pennsylvania
| – | -$71K | -11,020 | Closed |
|
|
GCP
230
GSA Capital Partners
London,
United Kingdom
| – | -$71K | -10,996 | Closed |
|
|
OGC
231
One68 Global Capital
New York
| – | -$65K | -10,000 | Closed |
|
|
LC
232
Lindbrook Capital
Calabasas,
California
| – | -$18K | -2,772 | Closed |
|
|
PA
233
Procyon Advisors
Shelton,
Connecticut
| – | -$13K | -2,000 | Closed |
|
|
PAG
234
Private Advisor Group
Morristown,
New Jersey
| – | -$9K | -1,354 | Closed |
|
|
WR
235
Watson Rebecca
| – | -$1K | -100 | Closed |
|
236
Rockefeller Capital Management
New York
| – | +$650 | +100 | New |
|
FIT Hedge Fund Activity: Q3 2020 in Review
215 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Fitbit, Inc. Class A common stock (FIT) for Q3 2020, worth a combined $1.57B — up 5.3% from $1.49B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new FIT positions and 28 closed out — a net gain of 13 holders — while 50 added to existing stakes and 70 trimmed.
The largest buyer was Segantii Capital Management, opening a new position worth an estimated $27M. The largest seller was Goldman Sachs, cutting an estimated $36.1M.
- 215 institutional investors held Fitbit, Inc. Class A common stock (FIT) as of Q3 2020, up from 206 in Q2 2020.
- Funds reported $1.57B of Fitbit, Inc. Class A common stock stock for Q3 2020, up 5.3% quarter-over-quarter.
- 41 funds opened new Fitbit, Inc. Class A common stock positions in Q3 2020 and 28 closed out, a net change of +13 holders.
- The largest Fitbit, Inc. Class A common stock buyer in Q3 2020 was Segantii Capital Management, an estimated $27M added.
- The largest Fitbit, Inc. Class A common stock seller in Q3 2020 was Goldman Sachs, an estimated $36.1M sold.
Based on aggregated 13F filings for Q3 2020.