Lumentum
LITE
367 hedge funds and large institutions have $4.16B invested in Lumentum in 2019 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 139 increasing their positions, 99 reducing their positions, and 59 closing their positions.
450% more funds holding in top 10
Funds holding in top 10: 2 → 11 (+9)
50% more capital invested
Capital invested by funds: $2.77B → $4.16B (+$1.39B)
40% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 99
26% more call options, than puts
Call options by funds: $77M | Put options by funds: $61M
14% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 59
8.04% more ownership
Funds ownership: 88.67% → 96.71% (+8%)
0% more funds holding
Funds holding: 366 → 367 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$148M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$94.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$59.1M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$35.8M |
| 5 |
Holocene Advisors
New York
|
+$32.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$66M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$45.6M |
| 3 |
Renaissance Technologies
New York
|
-$38.8M |
| 4 |
Bank of New York Mellon
New York
|
-$31.8M |
| 5 |
Goldman Sachs
New York
|
-$21.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
401
Arrow Financial
Glens Falls,
New York
| – | +$48 | +1 | New |
|
|
BWL
402
Bogart Wealth LLC
Mclean,
Virginia
| – | +$48 | +1 | New |
|
403
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$48 | +1 | +50% |
|
|
SIM
404
Sonora Investment Management
Tucson,
Arizona
| – | +$336 | +7 | +700% |
|
|
IRC
405
Investors Research Corp
Atlanta,
Georgia
| – | +$384 | +8 | New |
|
|
PGAM
406
Princeton Global Asset Management
Princeton,
New Jersey
| – | +$480 | +10 | New |
|
LITE Hedge Fund Activity: Q1 2019 in Review
367 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Lumentum (LITE) for Q1 2019, worth a combined $4.16B — up 50% from $2.77B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new LITE positions and 59 closed out — a net gain of 8 holders — while 139 added to existing stakes and 99 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $148M. The largest seller was T. Rowe Price Associates, cutting an estimated $66M.
- 367 institutional investors held Lumentum (LITE) as of Q1 2019, up from 366 in Q4 2018.
- Funds reported $4.16B of Lumentum stock for Q1 2019, up 50% quarter-over-quarter.
- 67 funds opened new Lumentum positions in Q1 2019 and 59 closed out, a net change of +8 holders.
- The largest Lumentum buyer in Q1 2019 was Wellington Management Group, an estimated $148M added.
- The largest Lumentum seller in Q1 2019 was T. Rowe Price Associates, an estimated $66M sold.
Based on aggregated 13F filings for Q1 2019.