LightInTheBox
LITB
21 hedge funds and large institutions have $44.1M invested in LightInTheBox in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
11% more funds holding
Funds holding: 19 → 21 (+2)
8% more capital invested
Capital invested by funds: $41M → $44.1M (+$3.12M)
0.26% more ownership
Funds ownership: 0.86% → 1.12% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
71% less call options, than puts
Call options by funds: $279K | Put options by funds: $947K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$15.8M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$2.05M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$800K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$561K |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
Fosun International
Hong Kong,
China
|
-$2.42M |
| 2 |
TP
TB Partners
Shanghai,
China
|
-$1.28M |
| 3 |
Bank of New York Mellon
New York
|
-$655K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$483K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$276K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| – | -$10.2K | -186 | -95% |
|
27
Ameriprise
Minneapolis,
Minnesota
| – | +$55 | +1 | New |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$273 | +5 | New |
|
LITB Hedge Fund Activity: Q1 2014 in Review
21 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in LightInTheBox (LITB) for Q1 2014, worth a combined $44.1M — up 7.6% from $41M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new LITB positions and 7 closed out — a net gain of 2 holders — while 3 added to existing stakes and 8 trimmed.
The largest buyer was Fidelity International, adding an estimated $15.8M. The largest seller was Fosun International, cutting an estimated $2.42M.
- 21 institutional investors held LightInTheBox (LITB) as of Q1 2014, up from 19 in Q4 2013.
- Funds reported $44.1M of LightInTheBox stock for Q1 2014, up 7.6% quarter-over-quarter.
- 9 funds opened new LightInTheBox positions in Q1 2014 and 7 closed out, a net change of +2 holders.
- The largest LightInTheBox buyer in Q1 2014 was Fidelity International, an estimated $15.8M added.
- The largest LightInTheBox seller in Q1 2014 was Fosun International, an estimated $2.42M sold.
Based on aggregated 13F filings for Q1 2014.