Fitbit, Inc. Class A common stock
FIT
FIT was delisted on the 13th of January, 2021.
207 hedge funds and large institutions have $707M invested in Fitbit, Inc. Class A common stock in 2018 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 68 increasing their positions, 51 reducing their positions, and 35 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 51
1% more call options, than puts
Call options by funds: $28.2M | Put options by funds: $27.9M
9% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 35
2% less funds holding
Funds holding: 212 → 207 (-5)
6% less capital invested
Capital invested by funds: $749M → $707M (-$41.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.1M |
| 2 |
Renaissance Technologies
New York
|
+$12.3M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.89M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.05M |
| 5 |
BlackRock
New York
|
+$5.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$19.9M |
| 2 |
Coatue Management
New York
|
-$17M |
| 3 |
CAM
Contour Asset Management
New York
|
-$16.2M |
| 4 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$14M |
| 5 |
JP Morgan Chase
New York
|
-$8.39M |
FIT Hedge Fund Activity: Q4 2018 in Review
207 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Fitbit, Inc. Class A common stock (FIT) for Q4 2018, worth a combined $707M — down 5.6% from $749M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of FIT and 32 opened new positions — a net loss of 3 holders — while 51 trimmed existing stakes and 68 added.
The largest buyer was Vanguard Group, adding an estimated $13.1M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $19.9M sold.
- 207 institutional investors held Fitbit, Inc. Class A common stock (FIT) as of Q4 2018, down from 212 in Q3 2018.
- Funds reported $707M of Fitbit, Inc. Class A common stock stock for Q4 2018, down 5.6% quarter-over-quarter.
- 32 funds opened new Fitbit, Inc. Class A common stock positions in Q4 2018 and 35 closed out, a net change of -3 holders.
- The largest Fitbit, Inc. Class A common stock buyer in Q4 2018 was Vanguard Group, an estimated $13.1M added.
- The largest Fitbit, Inc. Class A common stock seller in Q4 2018 was Allianz Asset Management, an estimated $19.9M sold.
Based on aggregated 13F filings for Q4 2018.