Linx S.A.
LINX
LINX was delisted on the 25th of June, 2021.
21 hedge funds and large institutions have $105M invested in Linx S.A. in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 21 closing their positions.
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
43% less funds holding
Funds holding: 37 → 21 (-16)
44% less capital invested
Capital invested by funds: $189M → $105M (-$83.7M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
76% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.31M |
| 2 |
VanEck Associates
New York
|
+$2.04M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.91M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$1.28M |
| 5 |
BlackRock
New York
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KSCM
Key Square Capital Management
Stamford,
Connecticut
|
-$13.7M |
| 2 |
SM
SCGE Management
Menlo Park,
California
|
-$13.2M |
| 3 |
Morgan Stanley
New York
|
-$9.22M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$9.12M |
| 5 |
JGGDR
JGP Global Gestao de Recursos
Rio De Janeiro,
Brazil
|
-$5.83M |
LINX Hedge Fund Activity: Q3 2019 in Review
21 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Linx S.A. (LINX) for Q3 2019, worth a combined $105M — down 44% from $189M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of LINX and 5 opened new positions — a net loss of 16 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was Ameriprise, adding an estimated $3.31M. The largest seller was Key Square Capital Management, exiting entirely with an estimated $13.7M sold.
- 21 institutional investors held Linx S.A. (LINX) as of Q3 2019, down from 37 in Q2 2019.
- Funds reported $105M of Linx S.A. stock for Q3 2019, down 44% quarter-over-quarter.
- 5 funds opened new Linx S.A. positions in Q3 2019 and 21 closed out, a net change of -16 holders.
- The largest Linx S.A. buyer in Q3 2019 was Ameriprise, an estimated $3.31M added.
- The largest Linx S.A. seller in Q3 2019 was Key Square Capital Management, an estimated $13.7M sold.
Based on aggregated 13F filings for Q3 2019.