LightInTheBox
LITB
21 hedge funds and large institutions have $17.8M invested in LightInTheBox in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
31% more funds holding
Funds holding: 16 → 21 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
0.01% less ownership
Funds ownership: 0.65% → 0.64% (-0.01%)
28% less capital invested
Capital invested by funds: $24.8M → $17.8M (-$7.07M)
56% less call options, than puts
Call options by funds: $57K | Put options by funds: $130K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
+$193K |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$191K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$103K |
| 4 |
Renaissance Technologies
New York
|
+$96.6K |
| 5 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
+$65.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$373K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$303K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$109K |
| 4 |
D.E. Shaw & Co
New York
|
-$78K |
| 5 |
Walleye Trading
New York
|
-$68.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Ameriprise
Minneapolis,
Minnesota
| – | -$2K | -45 | Closed |
|
LITB Hedge Fund Activity: Q4 2014 in Review
21 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in LightInTheBox (LITB) for Q4 2014, worth a combined $17.8M — down 28% from $24.8M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new LITB positions and 5 closed out — a net gain of 6 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Granite Point Capital Management, opening a new position worth an estimated $193K. The largest seller was Index Management Solutions, exiting entirely with an estimated $373K sold.
- 21 institutional investors held LightInTheBox (LITB) as of Q4 2014, up from 16 in Q3 2014.
- Funds reported $17.8M of LightInTheBox stock for Q4 2014, down 28% quarter-over-quarter.
- 11 funds opened new LightInTheBox positions in Q4 2014 and 5 closed out, a net change of +6 holders.
- The largest LightInTheBox buyer in Q4 2014 was Granite Point Capital Management, an estimated $193K added.
- The largest LightInTheBox seller in Q4 2014 was Index Management Solutions, an estimated $373K sold.
Based on aggregated 13F filings for Q4 2014.