Fitbit, Inc. Class A common stock
FIT
FIT was delisted on the 13th of January, 2021.
212 hedge funds and large institutions have $749M invested in Fitbit, Inc. Class A common stock in 2018 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 65 increasing their positions, 50 reducing their positions, and 34 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 50
1% less call options, than puts
Call options by funds: $15.9M | Put options by funds: $16M
6% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 34
2% less funds holding
Funds holding: 216 → 212 (-4)
14% less capital invested
Capital invested by funds: $867M → $749M (-$118M)
Top Buyers
| 1 |
DnB Asset Management
Oslo,
Norway
|
+$25M |
| 2 |
CAM
Contour Asset Management
New York
|
+$18.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$15.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.2M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$9.23M |
Top Sellers
| 1 |
Renaissance Technologies
New York
|
-$28.6M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$15.7M |
| 3 |
SMDAM
Sumitomo Mitsui DS Asset Management
Tokyo,
Japan
|
-$13.2M |
| 4 |
Morgan Stanley
New York
|
-$10.1M |
| 5 |
D.E. Shaw & Co
New York
|
-$6.22M |
FIT Hedge Fund Activity: Q3 2018 in Review
212 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Fitbit, Inc. Class A common stock (FIT) for Q3 2018, worth a combined $749M — down 14% from $867M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of FIT and 32 opened new positions — a net loss of 2 holders — while 50 trimmed existing stakes and 65 added.
The largest buyer was DnB Asset Management, adding an estimated $25M. The largest seller was Renaissance Technologies, cutting an estimated $28.6M.
- 212 institutional investors held Fitbit, Inc. Class A common stock (FIT) as of Q3 2018, down from 216 in Q2 2018.
- Funds reported $749M of Fitbit, Inc. Class A common stock stock for Q3 2018, down 14% quarter-over-quarter.
- 32 funds opened new Fitbit, Inc. Class A common stock positions in Q3 2018 and 34 closed out, a net change of -2 holders.
- The largest Fitbit, Inc. Class A common stock buyer in Q3 2018 was DnB Asset Management, an estimated $25M added.
- The largest Fitbit, Inc. Class A common stock seller in Q3 2018 was Renaissance Technologies, an estimated $28.6M sold.
Based on aggregated 13F filings for Q3 2018.