Lite Strategy Inc
LITS
46 hedge funds and large institutions have $14.4M invested in Lite Strategy Inc in 2015 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 21 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
12% less funds holding
Funds holding: 52 → 46 (-6)
28% less call options, than puts
Call options by funds: $702K | Put options by funds: $970K
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
85% less capital invested
Capital invested by funds: $98.7M → $14.4M (-$84.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
+$4.7M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$2.91M |
| 3 |
BI
BVF Inc
San Francisco,
California
|
+$2.69M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.86M |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.5M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$11.1M |
| 3 |
O
OrbiMed
New York
|
-$10.4M |
| 4 |
DM
Deerfield Management
New York
|
-$9.57M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.05M |
LITS Hedge Fund Activity: Q1 2015 in Review
46 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Lite Strategy Inc (LITS) for Q1 2015, worth a combined $14.4M — down 85% from $98.7M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of LITS and 15 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was First Manhattan, opening a new position worth an estimated $4.7M. The largest seller was Fidelity Investments, cutting an estimated $12.5M.
- 46 institutional investors held Lite Strategy Inc (LITS) as of Q1 2015, down from 52 in Q4 2014.
- Funds reported $14.4M of Lite Strategy Inc stock for Q1 2015, down 85% quarter-over-quarter.
- 15 funds opened new Lite Strategy Inc positions in Q1 2015 and 21 closed out, a net change of -6 holders.
- The largest Lite Strategy Inc buyer in Q1 2015 was First Manhattan, an estimated $4.7M added.
- The largest Lite Strategy Inc seller in Q1 2015 was Fidelity Investments, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2015.