LightInTheBox
LITB
25 hedge funds and large institutions have $27.1M invested in LightInTheBox in 2014 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
40% more call options, than puts
Call options by funds: $576K | Put options by funds: $411K
19% more funds holding
Funds holding: 21 → 25 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.42% less ownership
Funds ownership: 1.12% → 0.7% (-0.42%)
39% less capital invested
Capital invested by funds: $44.1M → $27.1M (-$17M)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$1.2M |
| 2 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$223K |
| 3 |
D.E. Shaw & Co
New York
|
+$199K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$159K |
| 5 |
Goldman Sachs
New York
|
+$82.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$15M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$1.51M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$589K |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$245K |
| 5 |
ARTA
A.R.T. Advisors
New York
|
-$197K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Verition Fund Management
Greenwich,
Connecticut
| – | -$1.51M | -37,500 | Closed |
|
|
BIM
27
Bogle Investment Management
Newton Lower Falls,
Massachusetts
| – | -$589K | -14,657 | Closed |
|
|
28
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$245K | -6,088 | Closed |
|
29
Group One Trading
Chicago,
Illinois
| – | -$46K | -1,398 | Closed |
|
30
Bank of America
Charlotte,
North Carolina
| – | -$3K | -67 | Closed |
|
31
Barclays
London,
United Kingdom
| – | -$1K | -26 | Closed |
|
LITB Hedge Fund Activity: Q2 2014 in Review
25 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in LightInTheBox (LITB) for Q2 2014, worth a combined $27.1M — down 39% from $44.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new LITB positions and 7 closed out — a net gain of 4 holders — while 3 added to existing stakes and 7 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $1.2M. The largest seller was Fidelity International, exiting entirely with an estimated $15M sold.
- 25 institutional investors held LightInTheBox (LITB) as of Q2 2014, up from 21 in Q1 2014.
- Funds reported $27.1M of LightInTheBox stock for Q2 2014, down 39% quarter-over-quarter.
- 11 funds opened new LightInTheBox positions in Q2 2014 and 7 closed out, a net change of +4 holders.
- The largest LightInTheBox buyer in Q2 2014 was Renaissance Technologies, an estimated $1.2M added.
- The largest LightInTheBox seller in Q2 2014 was Fidelity International, an estimated $15M sold.
Based on aggregated 13F filings for Q2 2014.