LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares
LAIX
LAIX was delisted on the 7th of April, 2022.
9 hedge funds and large institutions have $62.3M invested in LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
3,271% more capital invested
Capital invested by funds: $1.85M → $62.3M (+$60.4M)
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
50% more funds holding
Funds holding: 6 → 9 (+3)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
+$59.2M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$681K |
| 3 |
MCM
Maytus Capital Management
New York
|
+$259K |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
+$23.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$20.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$61.6K |
| 2 |
Millennium Management
New York
|
-$35.1K |
| 3 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
-$4K |
| 4 |
Morgan Stanley
New York
|
-$1.02K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAA
1
TB Alternative Assets
Grand Cayman,
Cayman Islands
| $59.4M | +$59.2M | +404,512 | New |
|
|
MCM
2
Maytus Capital Management
New York
| $1.1M | +$259K | +1,771 | +31% |
|
|
3
Millennium Management
New York
| $1.04M | -$35.1K | -240 | -3% |
|
|
PCM
4
Penserra Capital Management
Orinda,
California
| $682K | +$681K | +4,652 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $39K | +$20.5K | +140 | +109% |
|
|
6
Daiwa Securities Group
Tokyo,
Japan
| $24K | +$23.6K | +161 | New |
|
|
7
BlackRock
New York
| $23K | -$61.6K | -421 | -72% |
|
|
8
Morgan Stanley
New York
| $23K | -$1.02K | -7 | -4% |
|
9
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $5K | +$5.27K | +36 | New |
|
|
CCA
10
Catalyst Capital Advisors
Huntington,
New York
| – | -$4K | -32 | Closed |
|
LAIX Hedge Fund Activity: Q2 2019 in Review
9 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares (LAIX) for Q2 2019, worth a combined $62.3M — up 3,271% from $1.85M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new LAIX positions and 1 closed out — a net gain of 3 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was TB Alternative Assets, opening a new position worth an estimated $59.2M. The largest seller was BlackRock, cutting an estimated $61.6K.
- 9 institutional investors held LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares (LAIX) as of Q2 2019, up from 6 in Q1 2019.
- Funds reported $62.3M of LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares stock for Q2 2019, up 3,271% quarter-over-quarter.
- 4 funds opened new LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares positions in Q2 2019 and 1 closed out, a net change of +3 holders.
- The largest LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares buyer in Q2 2019 was TB Alternative Assets, an estimated $59.2M added.
- The largest LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares seller in Q2 2019 was BlackRock, an estimated $61.6K sold.
Based on aggregated 13F filings for Q2 2019.