Fitbit, Inc. Class A common stock
FIT
FIT was delisted on the 13th of January, 2021.
227 hedge funds and large institutions have $900M invested in Fitbit, Inc. Class A common stock in 2019 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 69 increasing their positions, 55 reducing their positions, and 26 closing their positions.
77% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 26
27% more capital invested
Capital invested by funds: $707M → $900M (+$193M)
25% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 55
10% more funds holding
Funds holding: 207 → 227 (+20)
39% less call options, than puts
Call options by funds: $18.1M | Put options by funds: $29.8M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$24.5M |
| 2 |
Coatue Management
New York
|
+$19.3M |
| 3 |
SIM
Spark Investment Management
New York
|
+$17.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.8M |
| 5 |
D.E. Shaw & Co
New York
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DnB Asset Management
Oslo,
Norway
|
-$29.3M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$11.7M |
| 3 |
Millennium Management
New York
|
-$9.85M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.46M |
| 5 |
PP
PDT Partners
New York
|
-$6.71M |
FIT Hedge Fund Activity: Q1 2019 in Review
227 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Fitbit, Inc. Class A common stock (FIT) for Q1 2019, worth a combined $900M — up 27% from $707M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new FIT positions and 26 closed out — a net gain of 20 holders — while 69 added to existing stakes and 55 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $24.5M. The largest seller was DnB Asset Management, cutting an estimated $29.3M.
- 227 institutional investors held Fitbit, Inc. Class A common stock (FIT) as of Q1 2019, up from 207 in Q4 2018.
- Funds reported $900M of Fitbit, Inc. Class A common stock stock for Q1 2019, up 27% quarter-over-quarter.
- 46 funds opened new Fitbit, Inc. Class A common stock positions in Q1 2019 and 26 closed out, a net change of +20 holders.
- The largest Fitbit, Inc. Class A common stock buyer in Q1 2019 was Arrowstreet Capital, an estimated $24.5M added.
- The largest Fitbit, Inc. Class A common stock seller in Q1 2019 was DnB Asset Management, an estimated $29.3M sold.
Based on aggregated 13F filings for Q1 2019.