Lite Strategy Inc
LITS
71 hedge funds and large institutions have $62M invested in Lite Strategy Inc in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 26 reducing their positions, and 11 closing their positions.
3% more call options, than puts
Call options by funds: $1.06M | Put options by funds: $1.03M
0.72% less ownership
Funds ownership: 3.22% → 2.51% (-0.72%)
3% less funds holding
Funds holding: 73 → 71 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
35% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 26
46% less capital invested
Capital invested by funds: $115M → $62M (-$52.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$1.09M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
+$794K |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$691K |
| 4 |
Renaissance Technologies
New York
|
+$505K |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$422K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Vivo Capital
Palo Alto,
California
|
-$14.2M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.6M |
| 3 |
CC
Caxton Corporation
Princeton,
New Jersey
|
-$2.29M |
| 4 |
SCM
Sio Capital Management
New York
|
-$2.28M |
| 5 |
FI
Fosun International
Hong Kong,
China
|
-$995K |
LITS Hedge Fund Activity: Q3 2019 in Review
71 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Lite Strategy Inc (LITS) for Q3 2019, worth a combined $62M — down 46% from $115M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of LITS and 9 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 17 added.
The largest buyer was Northern Trust, adding an estimated $1.09M. The largest seller was Vivo Capital, exiting entirely with an estimated $14.2M sold.
- 71 institutional investors held Lite Strategy Inc (LITS) as of Q3 2019, down from 73 in Q2 2019.
- Funds reported $62M of Lite Strategy Inc stock for Q3 2019, down 46% quarter-over-quarter.
- 9 funds opened new Lite Strategy Inc positions in Q3 2019 and 11 closed out, a net change of -2 holders.
- The largest Lite Strategy Inc buyer in Q3 2019 was Northern Trust, an estimated $1.09M added.
- The largest Lite Strategy Inc seller in Q3 2019 was Vivo Capital, an estimated $14.2M sold.
Based on aggregated 13F filings for Q3 2019.