Lite Strategy Inc
LITS
104 hedge funds and large institutions have $206M invested in Lite Strategy Inc in 2020 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 37 reducing their positions, and 17 closing their positions.
700% more call options, than puts
Call options by funds: $2.67M | Put options by funds: $333K
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
2% more funds holding
Funds holding: 102 → 104 (+2)
0.58% less ownership
Funds ownership: 59.32% → 58.74% (-0.58%)
19% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 37
21% less capital invested
Capital invested by funds: $260M → $206M (-$53.5M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLAM
First Light Asset Management
Edina,
Minnesota
|
+$11.3M |
| 2 |
ACM
Asymmetry Capital Management
San Francisco,
California
|
+$2.37M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$2M |
| 4 |
DCM
DAFNA Capital Management
Los Angeles,
California
|
+$1.84M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$2.83M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$2.33M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$2.24M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$1.84M |
| 5 |
SFM
Sphera Funds Management
Tel Aviv,
Israel
|
-$1.69M |
LITS Hedge Fund Activity: Q3 2020 in Review
104 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Lite Strategy Inc (LITS) for Q3 2020, worth a combined $206M — down 21% from $260M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new LITS positions and 17 closed out — a net gain of 2 holders — while 30 added to existing stakes and 37 trimmed.
The largest buyer was First Light Asset Management, opening a new position worth an estimated $11.3M. The largest seller was Nuveen, cutting an estimated $2.83M.
- 104 institutional investors held Lite Strategy Inc (LITS) as of Q3 2020, up from 102 in Q2 2020.
- Funds reported $206M of Lite Strategy Inc stock for Q3 2020, down 21% quarter-over-quarter.
- 19 funds opened new Lite Strategy Inc positions in Q3 2020 and 17 closed out, a net change of +2 holders.
- The largest Lite Strategy Inc buyer in Q3 2020 was First Light Asset Management, an estimated $11.3M added.
- The largest Lite Strategy Inc seller in Q3 2020 was Nuveen, an estimated $2.83M sold.
Based on aggregated 13F filings for Q3 2020.