Fitbit, Inc. Class A common stock
FIT
FIT was delisted on the 13th of January, 2021.
197 hedge funds and large institutions have $846M invested in Fitbit, Inc. Class A common stock in 2017 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 53 increasing their positions, 49 reducing their positions, and 27 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
63% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 27
40% more capital invested
Capital invested by funds: $605M → $846M (+$241M)
7% more funds holding
Funds holding: 184 → 197 (+13)
8% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 49
4% less call options, than puts
Call options by funds: $41M | Put options by funds: $42.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
PDT Partners
New York
|
+$10.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.3M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
+$8.73M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.73M |
| 5 |
IA
IPL Advisers
New York
|
+$6.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$18.8M |
| 2 |
DnB Asset Management
Oslo,
Norway
|
-$10.5M |
| 3 |
OCAM
Onex Canada Asset Management
Toronto,
Ontario, Canada
|
-$9.77M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$8.89M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.8M |
FIT Hedge Fund Activity: Q3 2017 in Review
197 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Fitbit, Inc. Class A common stock (FIT) for Q3 2017, worth a combined $846M — up 40% from $605M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new FIT positions and 27 closed out — a net gain of 17 holders — while 53 added to existing stakes and 49 trimmed.
The largest buyer was PDT Partners, adding an estimated $10.9M. The largest seller was Renaissance Technologies, cutting an estimated $18.8M.
- 197 institutional investors held Fitbit, Inc. Class A common stock (FIT) as of Q3 2017, up from 184 in Q2 2017.
- Funds reported $846M of Fitbit, Inc. Class A common stock stock for Q3 2017, up 40% quarter-over-quarter.
- 44 funds opened new Fitbit, Inc. Class A common stock positions in Q3 2017 and 27 closed out, a net change of +17 holders.
- The largest Fitbit, Inc. Class A common stock buyer in Q3 2017 was PDT Partners, an estimated $10.9M added.
- The largest Fitbit, Inc. Class A common stock seller in Q3 2017 was Renaissance Technologies, an estimated $18.8M sold.
Based on aggregated 13F filings for Q3 2017.