Fitbit, Inc. Class A common stock
FIT
FIT was delisted on the 13th of January, 2021.
184 hedge funds and large institutions have $605M invested in Fitbit, Inc. Class A common stock in 2017 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 59 increasing their positions, 46 reducing their positions, and 48 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 46
1% more capital invested
Capital invested by funds: $597M → $605M (+$7.77M)
9% less funds holding
Funds holding: 202 → 184 (-18)
33% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 48
35% less call options, than puts
Call options by funds: $22.9M | Put options by funds: $35M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DnB Asset Management
Oslo,
Norway
|
+$33.2M |
| 2 |
BlackRock
New York
|
+$28.1M |
| 3 |
Renaissance Technologies
New York
|
+$17.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.69M |
| 5 |
Millennium Management
New York
|
+$7.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
-$10.9M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$9.75M |
| 3 |
PA
Pinnacle Associates
New York
|
-$8.85M |
| 4 |
Two Sigma Investments
New York
|
-$8.58M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$8.19M |
FIT Hedge Fund Activity: Q2 2017 in Review
184 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Fitbit, Inc. Class A common stock (FIT) for Q2 2017, worth a combined $605M — up 1.3% from $597M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of FIT and 32 opened new positions — a net loss of 16 holders — while 46 trimmed existing stakes and 59 added.
The largest buyer was DnB Asset Management, adding an estimated $33.2M. The largest seller was Two Sigma Advisers, cutting an estimated $10.9M.
- 184 institutional investors held Fitbit, Inc. Class A common stock (FIT) as of Q2 2017, down from 202 in Q1 2017.
- Funds reported $605M of Fitbit, Inc. Class A common stock stock for Q2 2017, up 1.3% quarter-over-quarter.
- 32 funds opened new Fitbit, Inc. Class A common stock positions in Q2 2017 and 48 closed out, a net change of -16 holders.
- The largest Fitbit, Inc. Class A common stock buyer in Q2 2017 was DnB Asset Management, an estimated $33.2M added.
- The largest Fitbit, Inc. Class A common stock seller in Q2 2017 was Two Sigma Advisers, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2017.