Lite Strategy Inc
LITS
43 hedge funds and large institutions have $84.4M invested in Lite Strategy Inc in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 17 closing their positions.
14% less funds holding
Funds holding: 50 → 43 (-7)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
49% less capital invested
Capital invested by funds: $164M → $84.4M (-$79.6M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$3.41M |
| 2 |
SM
Sabby Management
Miami Beach,
Florida
|
+$1.98M |
| 3 |
JP Morgan Chase
New York
|
+$1.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$674K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$625K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$11.7M |
| 2 |
RCM
RA Capital Management
Boston,
Massachusetts
|
-$4.54M |
| 3 |
Millennium Management
New York
|
-$3M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.19M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
| – | -$243K | -1,092 | Closed |
|
|
TA
52
Teachers Advisors
New York
| – | -$188K | -845 | Closed |
|
53
Charles Schwab
San Francisco,
California
| – | -$153K | -685 | Closed |
|
54
ProShare Advisors
Bethesda,
Maryland
| – | -$136K | -611 | Closed |
|
|
NFA
55
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$102K | -456 | Closed |
|
|
AIG
56
American International Group
New York
| – | -$91.3K | -410 | Closed |
|
57
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$76 | -340 | Closed |
|
|
BA
58
BlackRock Advisors
Wilmington,
Delaware
| – | -$72K | -323 | Closed |
|
59
Barclays
London,
United Kingdom
| – | -$5K | -24 | Closed |
|
|
PP
60
Palladium Partners
Norfolk,
Virginia
| – | -$2K | -7 | Closed |
|
LITS Hedge Fund Activity: Q2 2014 in Review
43 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Lite Strategy Inc (LITS) for Q2 2014, worth a combined $84.4M — down 49% from $164M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of LITS and 10 opened new positions — a net loss of 7 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was Franklin Resources, adding an estimated $3.41M. The largest seller was Invesco, exiting entirely with an estimated $11.7M sold.
- 43 institutional investors held Lite Strategy Inc (LITS) as of Q2 2014, down from 50 in Q1 2014.
- Funds reported $84.4M of Lite Strategy Inc stock for Q2 2014, down 49% quarter-over-quarter.
- 10 funds opened new Lite Strategy Inc positions in Q2 2014 and 17 closed out, a net change of -7 holders.
- The largest Lite Strategy Inc buyer in Q2 2014 was Franklin Resources, an estimated $3.41M added.
- The largest Lite Strategy Inc seller in Q2 2014 was Invesco, an estimated $11.7M sold.
Based on aggregated 13F filings for Q2 2014.