Fitbit, Inc. Class A common stock
FIT
FIT was delisted on the 13th of January, 2021.
202 hedge funds and large institutions have $731M invested in Fitbit, Inc. Class A common stock in 2017 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 64 increasing their positions, 46 reducing their positions, and 41 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 46
12% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 41
3% more funds holding
Funds holding: 197 → 202 (+5)
14% less capital invested
Capital invested by funds: $847M → $731M (-$115M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
56% less call options, than puts
Call options by funds: $17.7M | Put options by funds: $40.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$23.4M |
| 2 |
DnB Asset Management
Oslo,
Norway
|
+$20M |
| 3 |
BlackRock
New York
|
+$12.5M |
| 4 |
Renaissance Technologies
New York
|
+$9.27M |
| 5 |
SM
Senvest Management
New York
|
+$6.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.3M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
-$10.4M |
| 3 |
IA
IPL Advisers
New York
|
-$8.22M |
| 4 |
IPLA
Ice Pond Lane Advisers
New York
|
-$7.83M |
| 5 |
Two Sigma Investments
New York
|
-$7.2M |
FIT Hedge Fund Activity: Q4 2017 in Review
202 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Fitbit, Inc. Class A common stock (FIT) for Q4 2017, worth a combined $731M — down 14% from $847M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new FIT positions and 41 closed out — a net gain of 5 holders — while 64 added to existing stakes and 46 trimmed.
The largest buyer was Credit Suisse, adding an estimated $23.4M. The largest seller was Fidelity Investments, exiting entirely with an estimated $12.3M sold.
- 202 institutional investors held Fitbit, Inc. Class A common stock (FIT) as of Q4 2017, up from 197 in Q3 2017.
- Funds reported $731M of Fitbit, Inc. Class A common stock stock for Q4 2017, down 14% quarter-over-quarter.
- 46 funds opened new Fitbit, Inc. Class A common stock positions in Q4 2017 and 41 closed out, a net change of +5 holders.
- The largest Fitbit, Inc. Class A common stock buyer in Q4 2017 was Credit Suisse, an estimated $23.4M added.
- The largest Fitbit, Inc. Class A common stock seller in Q4 2017 was Fidelity Investments, an estimated $12.3M sold.
Based on aggregated 13F filings for Q4 2017.