Lite Strategy Inc
LITS
106 hedge funds and large institutions have $243M invested in Lite Strategy Inc in 2021 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 16 closing their positions.
6,023% more call options, than puts
Call options by funds: $3.92M | Put options by funds: $64K
40% more capital invested
Capital invested by funds: $173M → $243M (+$69.8M)
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
0.24% more ownership
Funds ownership: 2.91% → 3.15% (+0.24%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 110 → 106 (-4)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$9.04M |
| 2 |
SAM
Sectoral Asset Management
Montreal,
Quebec, Canada
|
+$6.86M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$3.9M |
| 4 |
ACM
Altium Capital Management
New York
|
+$2.23M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Burrage Capital Management
Boston,
Massachusetts
|
-$3.06M |
| 2 |
Renaissance Technologies
New York
|
-$2.67M |
| 3 |
BI
BVF Inc
San Francisco,
California
|
-$1.61M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.13M |
| 5 |
Millennium Management
New York
|
-$905K |
LITS Hedge Fund Activity: Q1 2021 in Review
106 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Lite Strategy Inc (LITS) for Q1 2021, worth a combined $243M — up 40% from $173M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of LITS and 12 opened new positions — a net loss of 4 holders — while 33 trimmed existing stakes and 34 added.
The largest buyer was First Light Asset Management, adding an estimated $9.04M. The largest seller was Burrage Capital Management, cutting an estimated $3.06M.
- 106 institutional investors held Lite Strategy Inc (LITS) as of Q1 2021, down from 110 in Q4 2020.
- Funds reported $243M of Lite Strategy Inc stock for Q1 2021, up 40% quarter-over-quarter.
- 12 funds opened new Lite Strategy Inc positions in Q1 2021 and 16 closed out, a net change of -4 holders.
- The largest Lite Strategy Inc buyer in Q1 2021 was First Light Asset Management, an estimated $9.04M added.
- The largest Lite Strategy Inc seller in Q1 2021 was Burrage Capital Management, an estimated $3.06M sold.
Based on aggregated 13F filings for Q1 2021.