Lite Strategy Inc
LITS
32 hedge funds and large institutions have $11.5M invested in Lite Strategy Inc in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
38% more call options, than puts
Call options by funds: $241K | Put options by funds: $175K
3% more funds holding
Funds holding: 31 → 32 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.36% less ownership
Funds ownership: 47.61% → 43.25% (-4.4%)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
37% less capital invested
Capital invested by funds: $18.4M → $11.5M (-$6.89M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$264K |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$77.1K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$27.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$16.8K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$13K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tang Capital Management
San Diego,
California
|
-$1.89M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$61.9K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$53.6K |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
-$45.3K |
| 5 |
Renaissance Technologies
New York
|
-$35.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
26
Evermay Wealth Management
Arlington,
Virginia
| $504 | +$571 | +126 | New |
|
27
RhumbLine Advisers
Boston,
Massachusetts
| $488 | – | – | – |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $400 | – | – | – |
|
29
JP Morgan Chase
New York
| $228 | +$18 | +4 | +8% |
|
30
Qube Research & Technologies (QRT)
London,
United Kingdom
| $8 | – | – | – |
|
|
TCM
31
Tang Capital Management
San Diego,
California
| – | -$1.89M | -326,084 | Closed |
|
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$53.6K | -11,834 | -99% |
|
33
Lazard Asset Management
New York
| – | -$2K | -436 | Closed |
|
LITS Hedge Fund Activity: Q1 2024 in Review
32 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Lite Strategy Inc (LITS) for Q1 2024, worth a combined $11.5M — down 37% from $18.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new LITS positions and 2 closed out — a net gain of 1 holder — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $264K. The largest seller was Tang Capital Management, exiting entirely with an estimated $1.89M sold.
- 32 institutional investors held Lite Strategy Inc (LITS) as of Q1 2024, up from 31 in Q4 2023.
- Funds reported $11.5M of Lite Strategy Inc stock for Q1 2024, down 37% quarter-over-quarter.
- 3 funds opened new Lite Strategy Inc positions in Q1 2024 and 2 closed out, a net change of +1 holder.
- The largest Lite Strategy Inc buyer in Q1 2024 was Susquehanna International Group, an estimated $264K added.
- The largest Lite Strategy Inc seller in Q1 2024 was Tang Capital Management, an estimated $1.89M sold.
Based on aggregated 13F filings for Q1 2024.