Lite Strategy Inc
LITS
48 hedge funds and large institutions have $11.2M invested in Lite Strategy Inc in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 9 closing their positions.
900% more call options, than puts
Call options by funds: $10K | Put options by funds: $1K
0.02% less ownership
Funds ownership: 1.86% → 1.83% (-0.02%)
6% less funds holding
Funds holding: 51 → 48 (-3)
7% less capital invested
Capital invested by funds: $12.1M → $11.2M (-$887K)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tang Capital Management
San Diego,
California
|
+$1.44M |
| 2 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$735K |
| 3 |
Morgan Stanley
New York
|
+$357K |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$257K |
| 5 |
Renaissance Technologies
New York
|
+$39.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
NEA Management Company
Timonium,
Maryland
|
-$2.08M |
| 2 |
TA
TLS Advisors
Miami,
Florida
|
-$264K |
| 3 |
AG
Artal Group
Luxembourg
|
-$244K |
| 4 |
Millennium Management
New York
|
-$58.3K |
| 5 |
BlackRock
New York
|
-$54.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Two Sigma Advisers
New York
| – | -$3.17K | -650 | Closed |
|
|
TSS
52
Two Sigma Securities
New York
| – | -$2.75K | -564 | Closed |
|
|
CPIG
53
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$3.47K | -500 | Closed |
|
54
JP Morgan Chase
New York
| – | -$1.44K | -258 | -86% |
|
55
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$6 | +1 | +7% |
|
LITS Hedge Fund Activity: Q1 2023 in Review
48 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Lite Strategy Inc (LITS) for Q1 2023, worth a combined $11.2M — down 7.4% from $12.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of LITS and 6 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 10 added.
The largest buyer was Tang Capital Management, opening a new position worth an estimated $1.44M. The largest seller was NEA Management Company, exiting entirely with an estimated $2.08M sold.
- 48 institutional investors held Lite Strategy Inc (LITS) as of Q1 2023, down from 51 in Q4 2022.
- Funds reported $11.2M of Lite Strategy Inc stock for Q1 2023, down 7.4% quarter-over-quarter.
- 6 funds opened new Lite Strategy Inc positions in Q1 2023 and 9 closed out, a net change of -3 holders.
- The largest Lite Strategy Inc buyer in Q1 2023 was Tang Capital Management, an estimated $1.44M added.
- The largest Lite Strategy Inc seller in Q1 2023 was NEA Management Company, an estimated $2.08M sold.
Based on aggregated 13F filings for Q1 2023.