LightInTheBox
LITB
16 hedge funds and large institutions have $24.8M invested in LightInTheBox in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 13 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
0.05% less ownership
Funds ownership: 0.7% → 0.65% (-0.05%)
8% less capital invested
Capital invested by funds: $27.1M → $24.8M (-$2.27M)
36% less funds holding
Funds holding: 25 → 16 (-9)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
61% less call options, than puts
Call options by funds: $446K | Put options by funds: $1.13M
69% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$455K |
| 2 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$116K |
| 3 |
Walleye Trading
New York
|
+$82.6K |
| 4 |
SC
Sumit Capital
New York
|
+$65.4K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$53.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.39M |
| 2 |
ARTA
A.R.T. Advisors
New York
|
-$377K |
| 3 |
D.E. Shaw & Co
New York
|
-$145K |
| 4 |
Morgan Stanley
New York
|
-$141K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$112K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSC
26
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$1K | -33 | Closed |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| – | -$1K | -24 | Closed |
|
28
Creative Planning
Overland Park,
Kansas
| – | -$1K | -17 | Closed |
|
LITB Hedge Fund Activity: Q3 2014 in Review
16 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in LightInTheBox (LITB) for Q3 2014, worth a combined $24.8M — down 8.4% from $27.1M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of LITB and 4 opened new positions — a net loss of 9 holders — while 5 trimmed existing stakes and 5 added.
The largest buyer was Invesco, opening a new position worth an estimated $455K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $1.39M sold.
- 16 institutional investors held LightInTheBox (LITB) as of Q3 2014, down from 25 in Q2 2014.
- Funds reported $24.8M of LightInTheBox stock for Q3 2014, down 8.4% quarter-over-quarter.
- 4 funds opened new LightInTheBox positions in Q3 2014 and 13 closed out, a net change of -9 holders.
- The largest LightInTheBox buyer in Q3 2014 was Invesco, an estimated $455K added.
- The largest LightInTheBox seller in Q3 2014 was Renaissance Technologies, an estimated $1.39M sold.
Based on aggregated 13F filings for Q3 2014.