Harmonic Inc
HLIT
144 hedge funds and large institutions have $493M invested in Harmonic Inc in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 59 increasing their positions, 42 reducing their positions, and 38 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 42
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less call options, than puts
Call options by funds: $1.38M | Put options by funds: $1.39M
3.14% less ownership
Funds ownership: 92.31% → 89.16% (-3.1%)
11% less funds holding
Funds holding: 162 → 144 (-18)
24% less capital invested
Capital invested by funds: $650M → $493M (-$158M)
42% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
+$15.4M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$6.85M |
| 3 |
Goldman Sachs
New York
|
+$6.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.69M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.56M |
| 2 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$6.22M |
| 3 |
DCM
Divisar Capital Management
San Francisco,
California
|
-$5.78M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$3.13M |
| 5 |
Axa
Paris,
France
|
-$1.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
176
Versant Capital Management
Phoenix,
Arizona
| – | -$1K | -155 | Closed |
|
|
CAW
177
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$1K | -110 | Closed |
|
178
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -35 | Closed |
|
|
HGWM
179
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | +$201 | +30 | New |
|
|
PFBT
180
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | +$443 | +66 | New |
|
HLIT Hedge Fund Activity: Q1 2020 in Review
144 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Harmonic Inc (HLIT) for Q1 2020, worth a combined $493M — down 24% from $650M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of HLIT and 22 opened new positions — a net loss of 16 holders — while 42 trimmed existing stakes and 59 added.
The largest buyer was Scopia Capital Management, adding an estimated $15.4M. The largest seller was Millennium Management, cutting an estimated $6.56M.
- 144 institutional investors held Harmonic Inc (HLIT) as of Q1 2020, down from 162 in Q4 2019.
- Funds reported $493M of Harmonic Inc stock for Q1 2020, down 24% quarter-over-quarter.
- 22 funds opened new Harmonic Inc positions in Q1 2020 and 38 closed out, a net change of -16 holders.
- The largest Harmonic Inc buyer in Q1 2020 was Scopia Capital Management, an estimated $15.4M added.
- The largest Harmonic Inc seller in Q1 2020 was Millennium Management, an estimated $6.56M sold.
Based on aggregated 13F filings for Q1 2020.