Lite Strategy Inc
LITS
50 hedge funds and large institutions have $164M invested in Lite Strategy Inc in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 3 closing their positions.
2,683% more call options, than puts
Call options by funds: $167K | Put options by funds: $6K
65% more capital invested
Capital invested by funds: $99.4M → $164M (+$64.7M)
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 49 → 50 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$9.49M |
| 2 |
AC
Aisling Capital
New York
|
+$6.95M |
| 3 |
JP Morgan Chase
New York
|
+$4.59M |
| 4 |
VAM
Visium Asset Management
New York
|
+$3.85M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Wexford Capital
West Palm Beach,
Florida
|
-$1.89M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.87M |
| 3 |
SM
Sabby Management
Miami Beach,
Florida
|
-$1.1M |
| 4 |
Millennium Management
New York
|
-$950K |
| 5 |
DM
Deerfield Management
New York
|
-$811K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WC
51
Wexford Capital
West Palm Beach,
Florida
| – | -$1.89M | -11,801 | Closed |
|
|
SM
52
Sabby Management
Miami Beach,
Florida
| – | -$1.1M | -6,900 | Closed |
|
53
AllianceBernstein
Nashville,
Tennessee
| – | -$1K | -5 | Closed |
|
LITS Hedge Fund Activity: Q1 2014 in Review
50 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Lite Strategy Inc (LITS) for Q1 2014, worth a combined $164M — up 65% from $99.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new LITS positions and 3 closed out — a net gain of 1 holder — while 19 added to existing stakes and 14 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $9.49M. The largest seller was Wexford Capital, exiting entirely with an estimated $1.89M sold.
- 50 institutional investors held Lite Strategy Inc (LITS) as of Q1 2014, up from 49 in Q4 2013.
- Funds reported $164M of Lite Strategy Inc stock for Q1 2014, up 65% quarter-over-quarter.
- 4 funds opened new Lite Strategy Inc positions in Q1 2014 and 3 closed out, a net change of +1 holder.
- The largest Lite Strategy Inc buyer in Q1 2014 was Invesco, an estimated $9.49M added.
- The largest Lite Strategy Inc seller in Q1 2014 was Wexford Capital, an estimated $1.89M sold.
Based on aggregated 13F filings for Q1 2014.