Lumentum
LITE
230 hedge funds and large institutions have $1.1B invested in Lumentum in 2016 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 84 increasing their positions, 66 reducing their positions, and 47 closing their positions.
404% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $2.33M
27% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 66
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less capital invested
Capital invested by funds: $1.12B → $1.1B (-$20.1M)
5% less funds holding
Funds holding: 242 → 230 (-12)
23% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
+$32.5M |
| 2 |
TA
Teachers Advisors
New York
|
+$22.8M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$22.1M |
| 4 |
QAM
Quentec Asset Management
New York
|
+$20.4M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$15M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$11M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$10.4M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$10.1M |
| 5 |
MC
Maplelane Capital
New York
|
-$9.51M |
LITE Hedge Fund Activity: Q2 2016 in Review
230 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Lumentum (LITE) for Q2 2016, worth a combined $1.1B — down 1.8% from $1.12B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of LITE and 36 opened new positions — a net loss of 11 holders — while 66 trimmed existing stakes and 84 added.
The largest buyer was RS Investment Management, adding an estimated $32.5M. The largest seller was Victory Capital Management, cutting an estimated $15M.
- 230 institutional investors held Lumentum (LITE) as of Q2 2016, down from 242 in Q1 2016.
- Funds reported $1.1B of Lumentum stock for Q2 2016, down 1.8% quarter-over-quarter.
- 36 funds opened new Lumentum positions in Q2 2016 and 47 closed out, a net change of -11 holders.
- The largest Lumentum buyer in Q2 2016 was RS Investment Management, an estimated $32.5M added.
- The largest Lumentum seller in Q2 2016 was Victory Capital Management, an estimated $15M sold.
Based on aggregated 13F filings for Q2 2016.