Fitbit, Inc. Class A common stock
FIT
FIT was delisted on the 13th of January, 2021.
226 hedge funds and large institutions have $1.36B invested in Fitbit, Inc. Class A common stock in 2019 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 53 increasing their positions, 48 reducing their positions, and 41 closing their positions.
139% more capital invested
Capital invested by funds: $566M → $1.36B (+$790M)
110% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 41
24% more funds holding
Funds holding: 182 → 226 (+44)
10% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 48
6% more call options, than puts
Call options by funds: $109M | Put options by funds: $103M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$111M |
| 2 |
Citigroup
New York
|
+$77.3M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$75.4M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$71.7M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$54.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DnB Asset Management
Oslo,
Norway
|
-$97.3M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$42.6M |
| 3 |
Millennium Management
New York
|
-$34M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$28.1M |
| 5 |
BlackRock
New York
|
-$27.9M |
FIT Hedge Fund Activity: Q4 2019 in Review
226 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Fitbit, Inc. Class A common stock (FIT) for Q4 2019, worth a combined $1.36B — up 139% from $566M a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new FIT positions and 41 closed out — a net gain of 45 holders — while 53 added to existing stakes and 48 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $111M. The largest seller was DnB Asset Management, exiting entirely with an estimated $97.3M sold.
- 226 institutional investors held Fitbit, Inc. Class A common stock (FIT) as of Q4 2019, up from 182 in Q3 2019.
- Funds reported $1.36B of Fitbit, Inc. Class A common stock stock for Q4 2019, up 139% quarter-over-quarter.
- 86 funds opened new Fitbit, Inc. Class A common stock positions in Q4 2019 and 41 closed out, a net change of +45 holders.
- The largest Fitbit, Inc. Class A common stock buyer in Q4 2019 was Goldman Sachs, an estimated $111M added.
- The largest Fitbit, Inc. Class A common stock seller in Q4 2019 was DnB Asset Management, an estimated $97.3M sold.
Based on aggregated 13F filings for Q4 2019.