Lumentum
LITE
262 hedge funds and large institutions have $2B invested in Lumentum in 2016 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 95 increasing their positions, 64 reducing their positions, and 24 closing their positions.
150% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 24
110% more call options, than puts
Call options by funds: $21.1M | Put options by funds: $10.1M
82% more capital invested
Capital invested by funds: $1.1B → $2B (+$901M)
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
48% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 64
14% more funds holding
Funds holding: 229 → 262 (+33)
Top Buyers
Top Sellers
| 1 |
TA
Teachers Advisors
New York
|
-$39.4M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$26.8M |
| 3 |
Bank of New York Mellon
New York
|
-$21M |
| 4 |
QAM
Quentec Asset Management
New York
|
-$20M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$12.9M |
LITE Hedge Fund Activity: Q3 2016 in Review
262 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Lumentum (LITE) for Q3 2016, worth a combined $2B — up 82% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new LITE positions and 24 closed out — a net gain of 36 holders — while 95 added to existing stakes and 64 trimmed.
The largest buyer was Gilder Gagnon Howe & Co, adding an estimated $68.1M. The largest seller was Teachers Advisors, cutting an estimated $39.4M.
- 262 institutional investors held Lumentum (LITE) as of Q3 2016, up from 229 in Q2 2016.
- Funds reported $2B of Lumentum stock for Q3 2016, up 82% quarter-over-quarter.
- 60 funds opened new Lumentum positions in Q3 2016 and 24 closed out, a net change of +36 holders.
- The largest Lumentum buyer in Q3 2016 was Gilder Gagnon Howe & Co, an estimated $68.1M added.
- The largest Lumentum seller in Q3 2016 was Teachers Advisors, an estimated $39.4M sold.
Based on aggregated 13F filings for Q3 2016.