nLIGHT
LASR
96 hedge funds and large institutions have $474M invested in nLIGHT in 2018 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 43 increasing their positions, 16 reducing their positions, and 35 closing their positions.
700% more call options, than puts
Call options by funds: $8K | Put options by funds: $1K
169% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 16
12.99% more ownership
Funds ownership: 46.65% → 59.63% (+13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 103 → 96 (-7)
10% less capital invested
Capital invested by funds: $528M → $474M (-$54.8M)
20% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$45.1M |
| 2 |
ClearBridge Investments
New York
|
+$33.2M |
| 3 |
Neuberger Berman Group
New York
|
+$31.4M |
| 4 |
PA
Pinnacle Associates
New York
|
+$19.8M |
| 5 |
RA
Royce & Associates
New York
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Oak Management Corp
Wilton,
Connecticut
|
-$34.7M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$7.61M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.43M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$3.36M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$2.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Russell Investments Group
London,
United Kingdom
| – | -$107K | -3,239 | Closed |
|
|
SO
127
STRS Ohio
Columbus,
Ohio
| – | -$62.6K | -2,000 | Closed |
|
|
FMT
128
First Mercantile Trust
Cordova,
Tennessee
| – | -$26K | -800 | Closed |
|
|
OIA
129
Optimum Investment Advisors
Chicago,
Illinois
| – | -$26K | -800 | Closed |
|
|
CCA
130
Catalyst Capital Advisors
Huntington,
New York
| – | -$9K | -280 | Closed |
|
|
TDC
131
Thompson Davis & Co
Richmond,
Virginia
| – | -$4K | -125 | Closed |
|
|
PIA
132
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$4K | -121 | Closed |
|
LASR Hedge Fund Activity: Q3 2018 in Review
96 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in nLIGHT (LASR) for Q3 2018, worth a combined $474M — down 10% from $528M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of LASR and 28 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 43 added.
The largest buyer was TimesSquare Capital Management, adding an estimated $45.1M. The largest seller was Oak Management Corp, cutting an estimated $34.7M.
- 96 institutional investors held nLIGHT (LASR) as of Q3 2018, down from 103 in Q2 2018.
- Funds reported $474M of nLIGHT stock for Q3 2018, down 10% quarter-over-quarter.
- 28 funds opened new nLIGHT positions in Q3 2018 and 35 closed out, a net change of -7 holders.
- The largest nLIGHT buyer in Q3 2018 was TimesSquare Capital Management, an estimated $45.1M added.
- The largest nLIGHT seller in Q3 2018 was Oak Management Corp, an estimated $34.7M sold.
Based on aggregated 13F filings for Q3 2018.