Fitbit, Inc. Class A common stock
FIT
FIT was delisted on the 13th of January, 2021.
240 hedge funds and large institutions have $684M invested in Fitbit, Inc. Class A common stock in 2016 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 58 increasing their positions, 81 reducing their positions, and 84 closing their positions.
46% more call options, than puts
Call options by funds: $112M | Put options by funds: $76.8M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
11% less funds holding
Funds holding: 271 → 240 (-31)
26% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 84
28% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 81
58% less capital invested
Capital invested by funds: $1.63B → $684M (-$947M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
+$60.8M |
| 2 |
DnB Asset Management
Oslo,
Norway
|
+$46.3M |
| 3 |
BRC
Blue Ridge Capital
New York
|
+$29M |
| 4 |
Two Sigma Advisers
New York
|
+$26.1M |
| 5 |
Two Sigma Investments
New York
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$75.3M |
| 2 |
SIM
SRS Investment Management
New York
|
-$59.5M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$53.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$48.2M |
| 5 |
HMP
HS Management Partners
New York
|
-$40.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIG
301
Stanford Investment Group
Mountain View,
California
| – | -$3K | -200 | Closed |
|
|
CCMW
302
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
| – | -$2.23K | -150 | Closed |
|
303
AssetMark Inc
Concord,
California
| – | -$2K | -139 | Closed |
|
|
SSB
304
Sandy Spring Bank
Olney,
Maryland
| – | -$2K | -135 | Closed |
|
|
AF
305
Arrow Financial
Glens Falls,
New York
| – | -$1K | -100 | Closed |
|
|
HNB
306
Huntington National Bank
Columbus,
Ohio
| – | -$1.02K | -100 | -50% |
|
|
IWMPD
307
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$1K | -62 | Closed |
|
|
QI
308
QS Investors
New York
| – | -$1K | -30 | Closed |
|
|
BTIS
309
BB&T Investment Services
Charlotte,
North Carolina
| – | +$20 | +2 | New |
|
|
CFD
310
Creative Financial Designs
Kokomo,
Indiana
| – | +$20 | +2 | New |
|
|
MA
311
MCF Advisors
Covington,
Kentucky
| – | +$41 | +4 | New |
|
|
NSIM
312
North Star Investment Management
Chicago,
Illinois
| – | +$51 | +5 | New |
|
313
EARNEST Partners
Atlanta,
Georgia
| – | +$543 | +53 | New |
|
|
JG
314
Jefferies Group
New York
| – | +$686 | +67 | New |
|
FIT Hedge Fund Activity: Q4 2016 in Review
240 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Fitbit, Inc. Class A common stock (FIT) for Q4 2016, worth a combined $684M — down 58% from $1.63B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of FIT and 62 opened new positions — a net loss of 22 holders — while 81 trimmed existing stakes and 58 added.
The largest buyer was Coatue Management, adding an estimated $60.8M. The largest seller was Odey Asset Management Group, exiting entirely with an estimated $75.3M sold.
- 240 institutional investors held Fitbit, Inc. Class A common stock (FIT) as of Q4 2016, down from 271 in Q3 2016.
- Funds reported $684M of Fitbit, Inc. Class A common stock stock for Q4 2016, down 58% quarter-over-quarter.
- 62 funds opened new Fitbit, Inc. Class A common stock positions in Q4 2016 and 84 closed out, a net change of -22 holders.
- The largest Fitbit, Inc. Class A common stock buyer in Q4 2016 was Coatue Management, an estimated $60.8M added.
- The largest Fitbit, Inc. Class A common stock seller in Q4 2016 was Odey Asset Management Group, an estimated $75.3M sold.
Based on aggregated 13F filings for Q4 2016.