Lumentum
LITE
365 hedge funds and large institutions have $3.51B invested in Lumentum in 2024 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 120 increasing their positions, 98 reducing their positions, and 52 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
23% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 52
22% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 98
2% more funds holding
Funds holding: 357 → 365 (+8)
1.39% more ownership
Funds ownership: 108.66% → 110.05% (+1.4%)
3% less call options, than puts
Call options by funds: $124M | Put options by funds: $128M
8% less capital invested
Capital invested by funds: $3.82B → $3.51B (-$308M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$108M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$84.3M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$68.3M |
| 4 |
AM
Atreides Management
Boston,
Massachusetts
|
+$61.8M |
| 5 |
FFM
FengHe Fund Management
Singapore
|
+$55.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$109M |
| 2 |
Morgan Stanley
New York
|
-$86.4M |
| 3 |
Swedbank
Stockholm,
Sweden
|
-$78.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$67.9M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$45.5M |
LITE Hedge Fund Activity: Q1 2024 in Review
365 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Lumentum (LITE) for Q1 2024, worth a combined $3.51B — down 8.1% from $3.82B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new LITE positions and 52 closed out — a net gain of 12 holders — while 120 added to existing stakes and 98 trimmed.
The largest buyer was Point72 Asset Management, adding an estimated $108M. The largest seller was Alyeska Investment Group, cutting an estimated $109M.
- 365 institutional investors held Lumentum (LITE) as of Q1 2024, up from 357 in Q4 2023.
- Funds reported $3.51B of Lumentum stock for Q1 2024, down 8.1% quarter-over-quarter.
- 64 funds opened new Lumentum positions in Q1 2024 and 52 closed out, a net change of +12 holders.
- The largest Lumentum buyer in Q1 2024 was Point72 Asset Management, an estimated $108M added.
- The largest Lumentum seller in Q1 2024 was Alyeska Investment Group, an estimated $109M sold.
Based on aggregated 13F filings for Q1 2024.