Lumentum
LITE
385 hedge funds and large institutions have $4.65B invested in Lumentum in 2024 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 105 increasing their positions, 134 reducing their positions, and 60 closing their positions.
20% more capital invested
Capital invested by funds: $3.87B → $4.65B (+$779M)
17% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 60
2% more funds holding
Funds holding: 377 → 385 (+8)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
4.65% less ownership
Funds ownership: 112.42% → 107.77% (-4.7%)
22% less repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 134
31% less call options, than puts
Call options by funds: $91.7M | Put options by funds: $133M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$93.6M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$62.2M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$42M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$41.1M |
| 5 |
Millennium Management
New York
|
+$40.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$107M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
-$85.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$54M |
| 4 |
PC
PointState Capital
New York
|
-$48.2M |
| 5 |
FFM
FengHe Fund Management
Singapore
|
-$44.1M |
LITE Hedge Fund Activity: Q3 2024 in Review
385 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Lumentum (LITE) for Q3 2024, worth a combined $4.65B — up 20% from $3.87B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new LITE positions and 60 closed out — a net gain of 10 holders — while 105 added to existing stakes and 134 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $93.6M. The largest seller was Alyeska Investment Group, cutting an estimated $107M.
- 385 institutional investors held Lumentum (LITE) as of Q3 2024, up from 377 in Q2 2024.
- Funds reported $4.65B of Lumentum stock for Q3 2024, up 20% quarter-over-quarter.
- 70 funds opened new Lumentum positions in Q3 2024 and 60 closed out, a net change of +10 holders.
- The largest Lumentum buyer in Q3 2024 was Capital World Investors, an estimated $93.6M added.
- The largest Lumentum seller in Q3 2024 was Alyeska Investment Group, an estimated $107M sold.
Based on aggregated 13F filings for Q3 2024.