LightInTheBox
LITB
16 hedge funds and large institutions have $19.4M invested in LightInTheBox in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 7 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.07% less ownership
Funds ownership: 3.51% → 3.44% (-0.07%)
21% less capital invested
Capital invested by funds: $24.8M → $19.4M (-$5.31M)
24% less funds holding
Funds holding: 21 → 16 (-5)
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$197K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$8.55K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$8.28K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$1.06K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$249K |
| 2 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$185K |
| 3 |
Morgan Stanley
New York
|
-$86.8K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$60.3K |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$34K |
LITB Hedge Fund Activity: Q1 2015 in Review
16 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in LightInTheBox (LITB) for Q1 2015, worth a combined $19.4M — down 21% from $24.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of LITB and 2 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Renaissance Technologies, adding an estimated $197K. The largest seller was Credit Suisse, exiting entirely with an estimated $249K sold.
- 16 institutional investors held LightInTheBox (LITB) as of Q1 2015, down from 21 in Q4 2014.
- Funds reported $19.4M of LightInTheBox stock for Q1 2015, down 21% quarter-over-quarter.
- 2 funds opened new LightInTheBox positions in Q1 2015 and 7 closed out, a net change of -5 holders.
- The largest LightInTheBox buyer in Q1 2015 was Renaissance Technologies, an estimated $197K added.
- The largest LightInTheBox seller in Q1 2015 was Credit Suisse, an estimated $249K sold.
Based on aggregated 13F filings for Q1 2015.