Lumentum
LITE
242 hedge funds and large institutions have $1.11B invested in Lumentum in 2016 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 67 increasing their positions, 51 reducing their positions, and 15 closing their positions.
407% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 15
71% more call options, than puts
Call options by funds: $5.97M | Put options by funds: $3.5M
32% more funds holding
Funds holding: 183 → 242 (+59)
31% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 51
29% more capital invested
Capital invested by funds: $862M → $1.11B (+$250M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
Top Sellers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$71.4M |
| 2 |
Bank of New York Mellon
New York
|
-$46.1M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$18.6M |
| 4 |
SFM
Soros Fund Management
New York
|
-$15.6M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$15.1M |
LITE Hedge Fund Activity: Q1 2016 in Review
242 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Lumentum (LITE) for Q1 2016, worth a combined $1.11B — up 29% from $862M a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new LITE positions and 15 closed out — a net gain of 61 holders — while 67 added to existing stakes and 51 trimmed.
The largest buyer was Copper Rock Capital Partners, opening a new position worth an estimated $17.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $71.4M.
- 242 institutional investors held Lumentum (LITE) as of Q1 2016, up from 183 in Q4 2015.
- Funds reported $1.11B of Lumentum stock for Q1 2016, up 29% quarter-over-quarter.
- 76 funds opened new Lumentum positions in Q1 2016 and 15 closed out, a net change of +61 holders.
- The largest Lumentum buyer in Q1 2016 was Copper Rock Capital Partners, an estimated $17.5M added.
- The largest Lumentum seller in Q1 2016 was T. Rowe Price Associates, an estimated $71.4M sold.
Based on aggregated 13F filings for Q1 2016.