Lumentum
LITE
377 hedge funds and large institutions have $3.87B invested in Lumentum in 2024 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 116 increasing their positions, 124 reducing their positions, and 39 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
41% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 39
28% more call options, than puts
Call options by funds: $161M | Put options by funds: $126M
10% more capital invested
Capital invested by funds: $3.51B → $3.87B (+$358M)
3% more funds holding
Funds holding: 365 → 377 (+12)
2.38% more ownership
Funds ownership: 110.05% → 112.42% (+2.4%)
6% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 124
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$73.7M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$24M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
+$21.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$13.6M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.7M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$24.3M |
| 3 |
FFM
FengHe Fund Management
Singapore
|
-$20.7M |
| 4 |
PHK
Point72 Hong Kong
Hong Kong
|
-$19.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$18.2M |
LITE Hedge Fund Activity: Q2 2024 in Review
377 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Lumentum (LITE) for Q2 2024, worth a combined $3.87B — up 10% from $3.51B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new LITE positions and 39 closed out — a net gain of 16 holders — while 116 added to existing stakes and 124 trimmed.
The largest buyer was Alyeska Investment Group, adding an estimated $73.7M. The largest seller was Fidelity Investments, cutting an estimated $29.7M.
- 377 institutional investors held Lumentum (LITE) as of Q2 2024, up from 365 in Q1 2024.
- Funds reported $3.87B of Lumentum stock for Q2 2024, up 10% quarter-over-quarter.
- 55 funds opened new Lumentum positions in Q2 2024 and 39 closed out, a net change of +16 holders.
- The largest Lumentum buyer in Q2 2024 was Alyeska Investment Group, an estimated $73.7M added.
- The largest Lumentum seller in Q2 2024 was Fidelity Investments, an estimated $29.7M sold.
Based on aggregated 13F filings for Q2 2024.