Lumentum
LITE
366 hedge funds and large institutions have $3.16B invested in Lumentum in 2023 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 99 increasing their positions, 133 reducing their positions, and 66 closing their positions.
4.78% more ownership
Funds ownership: 99.55% → 104.33% (+4.8%)
3% less funds holding
Funds holding: 377 → 366 (-11)
14% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 66
19% less capital invested
Capital invested by funds: $3.88B → $3.16B (-$719M)
26% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 133
41% less call options, than puts
Call options by funds: $62.8M | Put options by funds: $106M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$80.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$76.1M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$46.2M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$26.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$69.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$65.7M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$53.6M |
| 4 |
Bank of New York Mellon
New York
|
-$26M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$21M |
LITE Hedge Fund Activity: Q3 2023 in Review
366 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Lumentum (LITE) for Q3 2023, worth a combined $3.16B — down 19% from $3.88B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of LITE and 57 opened new positions — a net loss of 9 holders — while 133 trimmed existing stakes and 99 added.
The largest buyer was Fidelity Investments, adding an estimated $80.1M. The largest seller was AllianceBernstein, cutting an estimated $69.7M.
- 366 institutional investors held Lumentum (LITE) as of Q3 2023, down from 377 in Q2 2023.
- Funds reported $3.16B of Lumentum stock for Q3 2023, down 19% quarter-over-quarter.
- 57 funds opened new Lumentum positions in Q3 2023 and 66 closed out, a net change of -9 holders.
- The largest Lumentum buyer in Q3 2023 was Fidelity Investments, an estimated $80.1M added.
- The largest Lumentum seller in Q3 2023 was AllianceBernstein, an estimated $69.7M sold.
Based on aggregated 13F filings for Q3 2023.