Lite Strategy Inc
LITS
58 hedge funds and large institutions have $105M invested in Lite Strategy Inc in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 14 closing their positions.
771% more call options, than puts
Call options by funds: $2.24M | Put options by funds: $257K
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
5.52% more ownership
Funds ownership: 50.77% → 56.29% (+5.5%)
5% less funds holding
Funds holding: 61 → 58 (-3)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
32% less capital invested
Capital invested by funds: $156M → $105M (-$50.4M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Perceptive Advisors
New York
|
+$13.6M |
| 2 |
ICP
Indus Capital Partners
New York
|
+$1.95M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.28M |
| 4 |
FI
Fosun International
Hong Kong,
China
|
+$1.22M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$663K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.23M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$1.61M |
| 3 |
OPPM
Opus Point Partners Management
New York
|
-$1.55M |
| 4 |
Walleye Trading
New York
|
-$1.32M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.08M |
LITS Hedge Fund Activity: Q4 2018 in Review
58 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Lite Strategy Inc (LITS) for Q4 2018, worth a combined $105M — down 32% from $156M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of LITS and 12 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 21 added.
The largest buyer was Perceptive Advisors, opening a new position worth an estimated $13.6M. The largest seller was Millennium Management, cutting an estimated $4.23M.
- 58 institutional investors held Lite Strategy Inc (LITS) as of Q4 2018, down from 61 in Q3 2018.
- Funds reported $105M of Lite Strategy Inc stock for Q4 2018, down 32% quarter-over-quarter.
- 12 funds opened new Lite Strategy Inc positions in Q4 2018 and 14 closed out, a net change of -2 holders.
- The largest Lite Strategy Inc buyer in Q4 2018 was Perceptive Advisors, an estimated $13.6M added.
- The largest Lite Strategy Inc seller in Q4 2018 was Millennium Management, an estimated $4.23M sold.
Based on aggregated 13F filings for Q4 2018.