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 $48.3M invested in LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
67% more capital invested
Capital invested by funds: $28.9M → $48.3M (+$19.4M)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
13% more funds holding
Funds holding: 8 → 9 (+1)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.43M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$82.9K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$52.2K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$7.07K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Segantii Capital Management
Hong Kong
|
-$3.44M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$439K |
| 3 |
Millennium Management
New York
|
-$143K |
| 4 |
VF
Virtu Financial
New York
|
-$112K |
| 5 |
Renaissance Technologies
New York
|
-$6.72K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAA
1
TB Alternative Assets
Grand Cayman,
Cayman Islands
| $27.5M | – | – | – |
|
|
IACGFIA
2
IDG-Accel China Growth Fund III Associates
Hong Kong
| $15.4M | +$11.2M | +226,414 | New |
|
|
CS
3
Credit Suisse
Zurich,
Switzerland
| $4.86M | +$3.43M | +69,293 | +3,244% |
|
|
4
Millennium Management
New York
| $201K | -$143K | -2,900 | -50% |
|
|
OAM
5
Oxford Asset Management
Oxford,
United Kingdom
| $114K | +$82.9K | +1,676 | New |
|
|
6
Renaissance Technologies
New York
| $104K | -$6.72K | -136 | -8% |
|
|
7
Citadel Advisors
Miami,
Florida
| $72K | +$52.2K | +1,056 | New |
|
|
8
UBS Group
Zurich,
Switzerland
| $10K | +$7.07K | +143 | New |
|
9
Morgan Stanley
New York
| $5K | -$890 | -18 | -19% |
|
|
SCM
10
Segantii Capital Management
Hong Kong
| – | -$3.44M | -57,135 | Closed |
|
|
PCM
11
Penserra Capital Management
Orinda,
California
| – | -$439K | -7,296 | Closed |
|
|
VF
12
Virtu Financial
New York
| – | -$112K | -1,865 | Closed |
|
LAIX Hedge Fund Activity: Q4 2019 in Review
9 of the 5,075 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 Q4 2019, worth a combined $48.3M — up 67% from $28.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new LAIX positions and 3 closed out — a net gain of 1 holder — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Credit Suisse, adding an estimated $3.43M. The largest seller was Segantii Capital Management, exiting entirely with an estimated $3.44M sold.
- 9 institutional investors held LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares (LAIX) as of Q4 2019, up from 8 in Q3 2019.
- Funds reported $48.3M of LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares stock for Q4 2019, up 67% quarter-over-quarter.
- 4 funds opened new LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares positions in Q4 2019 and 3 closed out, a net change of +1 holder.
- The largest LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares buyer in Q4 2019 was Credit Suisse, an estimated $3.43M added.
- The largest LAIX Inc. American Depositary Shares, each representing fourteen Class A Ordinary Shares seller in Q4 2019 was Segantii Capital Management, an estimated $3.44M sold.
Based on aggregated 13F filings for Q4 2019.