Katapult Holdings
KPLT
50 hedge funds and large institutions have $209M invested in Katapult Holdings in 2020 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 29 closing their positions.
28% more capital invested
Capital invested by funds: $164M → $209M (+$45.3M)
0.21% less ownership
Funds ownership: 2.82% → 2.61% (-0.21%)
7% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 29
6% less funds holding
Funds holding: 53 → 50 (-3)
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$46.3M |
| 2 |
SCM
Suvretta Capital Management
New York
|
+$22.1M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$15.8M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$10.8M |
| 5 |
SIG
Senator Investment Group
New York
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$15.2M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$12.6M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$11.8M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$10.5M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$9.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Verition Fund Management
Greenwich,
Connecticut
| – | -$251K | -1,000 | Closed |
|
77
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$148K | -587 | Closed |
|
|
PAM
78
Panagora Asset Management
Boston,
Massachusetts
| – | -$14K | -54 | Closed |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| – | -$2K | -7 | Closed |
|
KPLT Hedge Fund Activity: Q4 2020 in Review
50 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Katapult Holdings (KPLT) for Q4 2020, worth a combined $209M — up 28% from $164M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of KPLT and 27 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 6 added.
The largest buyer was Iridian Asset Management, opening a new position worth an estimated $46.3M. The largest seller was Millennium Management, cutting an estimated $15.2M.
- 50 institutional investors held Katapult Holdings (KPLT) as of Q4 2020, down from 53 in Q3 2020.
- Funds reported $209M of Katapult Holdings stock for Q4 2020, up 28% quarter-over-quarter.
- 27 funds opened new Katapult Holdings positions in Q4 2020 and 29 closed out, a net change of -2 holders.
- The largest Katapult Holdings buyer in Q4 2020 was Iridian Asset Management, an estimated $46.3M added.
- The largest Katapult Holdings seller in Q4 2020 was Millennium Management, an estimated $15.2M sold.
Based on aggregated 13F filings for Q4 2020.