Lumentum
LITE
377 hedge funds and large institutions have $3.88B invested in Lumentum in 2023 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 113 increasing their positions, 125 reducing their positions, and 64 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
13% more capital invested
Capital invested by funds: $3.42B → $3.88B (+$454M)
7.08% more ownership
Funds ownership: 92.47% → 99.55% (+7.1%)
9% less call options, than puts
Call options by funds: $80.3M | Put options by funds: $87.9M
10% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 125
2% less funds holding
Funds holding: 386 → 377 (-9)
11% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$192M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$47.2M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$35.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$30.6M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$26.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$125M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$21M |
| 3 |
Two Sigma Investments
New York
|
-$21M |
| 4 |
Millennium Management
New York
|
-$17.4M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$15.4M |
LITE Hedge Fund Activity: Q2 2023 in Review
377 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Lumentum (LITE) for Q2 2023, worth a combined $3.88B — up 13% from $3.42B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of LITE and 57 opened new positions — a net loss of 7 holders — while 125 trimmed existing stakes and 113 added.
The largest buyer was Fidelity Investments, adding an estimated $192M. The largest seller was Wellington Management Group, cutting an estimated $125M.
- 377 institutional investors held Lumentum (LITE) as of Q2 2023, down from 386 in Q1 2023.
- Funds reported $3.88B of Lumentum stock for Q2 2023, up 13% quarter-over-quarter.
- 57 funds opened new Lumentum positions in Q2 2023 and 64 closed out, a net change of -7 holders.
- The largest Lumentum buyer in Q2 2023 was Fidelity Investments, an estimated $192M added.
- The largest Lumentum seller in Q2 2023 was Wellington Management Group, an estimated $125M sold.
Based on aggregated 13F filings for Q2 2023.