Fitbit, Inc. Class A common stock
FIT
FIT was delisted on the 13th of January, 2021.
216 hedge funds and large institutions have $867M invested in Fitbit, Inc. Class A common stock in 2018 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 69 increasing their positions, 48 reducing their positions, and 26 closing their positions.
58% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 26
44% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 48
30% more capital invested
Capital invested by funds: $669M → $867M (+$198M)
7% more funds holding
Funds holding: 201 → 216 (+15)
7% less call options, than puts
Call options by funds: $24.1M | Put options by funds: $26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$9.5M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$9.49M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.28M |
| 4 |
Morgan Stanley
New York
|
+$6.56M |
| 5 |
Renaissance Technologies
New York
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DnB Asset Management
Oslo,
Norway
|
-$11.3M |
| 2 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
-$8.02M |
| 3 |
GLI
Guardian Life Insurance
New York
|
-$5.96M |
| 4 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$5.28M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$5.15M |
FIT Hedge Fund Activity: Q2 2018 in Review
216 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Fitbit, Inc. Class A common stock (FIT) for Q2 2018, worth a combined $867M — up 30% from $669M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new FIT positions and 26 closed out — a net gain of 15 holders — while 69 added to existing stakes and 48 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $9.5M. The largest seller was DnB Asset Management, cutting an estimated $11.3M.
- 216 institutional investors held Fitbit, Inc. Class A common stock (FIT) as of Q2 2018, up from 201 in Q1 2018.
- Funds reported $867M of Fitbit, Inc. Class A common stock stock for Q2 2018, up 30% quarter-over-quarter.
- 41 funds opened new Fitbit, Inc. Class A common stock positions in Q2 2018 and 26 closed out, a net change of +15 holders.
- The largest Fitbit, Inc. Class A common stock buyer in Q2 2018 was Dimensional Fund Advisors, an estimated $9.5M added.
- The largest Fitbit, Inc. Class A common stock seller in Q2 2018 was DnB Asset Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q2 2018.