Fitbit, Inc. Class A common stock
FIT
FIT was delisted on the 13th of January, 2021.
201 hedge funds and large institutions have $669M invested in Fitbit, Inc. Class A common stock in 2018 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 53 increasing their positions, 50 reducing their positions, and 36 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 50
5% more call options, than puts
Call options by funds: $16.4M | Put options by funds: $15.6M
3% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 36
0% less funds holding
Funds holding: 202 → 201 (-1)
8% less capital invested
Capital invested by funds: $731M → $669M (-$61.9M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$22.7M |
| 2 |
Millennium Management
New York
|
+$18M |
| 3 |
BlackRock
New York
|
+$16M |
| 4 |
BG
Bellevue Group
Kuesnacht,
Switzerland
|
+$12.2M |
| 5 |
DnB Asset Management
Oslo,
Norway
|
+$7.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$14.9M |
| 2 |
AAM
Amerigo Asset Management
George Town,
Cayman Islands
|
-$13.5M |
| 3 |
Citigroup
New York
|
-$12.7M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.1M |
| 5 |
Coatue Management
New York
|
-$6.85M |
FIT Hedge Fund Activity: Q1 2018 in Review
201 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Fitbit, Inc. Class A common stock (FIT) for Q1 2018, worth a combined $669M — down 8.5% from $731M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FIT positions and 36 closed out — a net gain of 1 holder — while 53 added to existing stakes and 50 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $22.7M. The largest seller was Bank of America, cutting an estimated $14.9M.
- 201 institutional investors held Fitbit, Inc. Class A common stock (FIT) as of Q1 2018, down from 202 in Q4 2017.
- Funds reported $669M of Fitbit, Inc. Class A common stock stock for Q1 2018, down 8.5% quarter-over-quarter.
- 37 funds opened new Fitbit, Inc. Class A common stock positions in Q1 2018 and 36 closed out, a net change of +1 holder.
- The largest Fitbit, Inc. Class A common stock buyer in Q1 2018 was Renaissance Technologies, an estimated $22.7M added.
- The largest Fitbit, Inc. Class A common stock seller in Q1 2018 was Bank of America, an estimated $14.9M sold.
Based on aggregated 13F filings for Q1 2018.