Lite Strategy Inc
LITS
49 hedge funds and large institutions have $99.4M invested in Lite Strategy Inc in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 6 reducing their positions, and 10 closing their positions.
333% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 6
36% more capital invested
Capital invested by funds: $73.3M → $99.4M (+$26.1M)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
2% more funds holding
Funds holding: 48 → 49 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OrbiMed
New York
|
+$17M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.08M |
| 3 |
VAM
Visium Asset Management
New York
|
+$8.91M |
| 4 |
JP Morgan Chase
New York
|
+$5.92M |
| 5 |
DM
Deerfield Management
New York
|
+$3.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBA
Baker Bros. Advisors
New York
|
-$3.88M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.76M |
| 3 |
WC
Wexford Capital
West Palm Beach,
Florida
|
-$522K |
| 4 |
Jane Street
New York
|
-$195K |
| 5 |
SG Americas Securities
New York
|
-$161K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Invesco
Atlanta,
Georgia
| – | -$1.76M | -7,817 | Closed |
|
|
52
Jane Street
New York
| – | -$195K | -865 | Closed |
|
|
53
SG Americas Securities
New York
| – | -$161K | -709 | Closed |
|
|
SGAM
54
Smith Group Asset Management
Dallas,
Texas
| – | -$19K | -83 | Closed |
|
55
Ameriprise
Minneapolis,
Minnesota
| – | -$7K | -30 | Closed |
|
56
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -12 | Closed |
|
57
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -8 | Closed |
|
|
PP
58
Palladium Partners
Norfolk,
Virginia
| – | -$2K | -7 | Closed |
|
LITS Hedge Fund Activity: Q4 2013 in Review
49 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Lite Strategy Inc (LITS) for Q4 2013, worth a combined $99.4M — up 36% from $73.3M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new LITS positions and 10 closed out — a net gain of 1 holder — while 26 added to existing stakes and 6 trimmed.
The largest buyer was OrbiMed, opening a new position worth an estimated $17M. The largest seller was Baker Bros. Advisors, exiting entirely with an estimated $3.88M sold.
- 49 institutional investors held Lite Strategy Inc (LITS) as of Q4 2013, up from 48 in Q3 2013.
- Funds reported $99.4M of Lite Strategy Inc stock for Q4 2013, up 36% quarter-over-quarter.
- 11 funds opened new Lite Strategy Inc positions in Q4 2013 and 10 closed out, a net change of +1 holder.
- The largest Lite Strategy Inc buyer in Q4 2013 was OrbiMed, an estimated $17M added.
- The largest Lite Strategy Inc seller in Q4 2013 was Baker Bros. Advisors, an estimated $3.88M sold.
Based on aggregated 13F filings for Q4 2013.