Luckin Coffee Inc. American Depositary Shares
LK
LK was delisted on the 26th of June, 2020.
95 hedge funds and large institutions have $712M invested in Luckin Coffee Inc. American Depositary Shares in 2019 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 37 increasing their positions, 18 reducing their positions, and 31 closing their positions.
106% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 18
15% more call options, than puts
Call options by funds: $126M | Put options by funds: $110M
0% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 31
4% less capital invested
Capital invested by funds: $744M → $712M (-$31.4M)
2% less funds holding
Funds holding: 97 → 95 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$29.3M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$18.3M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$17.8M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$17.2M |
| 5 |
Millennium Management
New York
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$33.5M |
| 2 |
SCM
Suvretta Capital Management
New York
|
-$21.2M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$12.7M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$12.3M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$12M |
LK Hedge Fund Activity: Q3 2019 in Review
95 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Luckin Coffee Inc. American Depositary Shares (LK) for Q3 2019, worth a combined $712M — down 4.2% from $744M a quarter earlier.
Fund positioning in LK was balanced in Q3 2019: 31 funds opened new positions, 31 closed out, 37 added to existing stakes and 18 trimmed.
The largest buyer was UBS Group, adding an estimated $29.3M. The largest seller was Fidelity Investments, cutting an estimated $33.5M.
- 95 institutional investors held Luckin Coffee Inc. American Depositary Shares (LK) as of Q3 2019, down from 97 in Q2 2019.
- Funds reported $712M of Luckin Coffee Inc. American Depositary Shares stock for Q3 2019, down 4.2% quarter-over-quarter.
- 31 funds opened new Luckin Coffee Inc. American Depositary Shares positions in Q3 2019 and 31 closed out, a net change of 0 holders.
- The largest Luckin Coffee Inc. American Depositary Shares buyer in Q3 2019 was UBS Group, an estimated $29.3M added.
- The largest Luckin Coffee Inc. American Depositary Shares seller in Q3 2019 was Fidelity Investments, an estimated $33.5M sold.
Based on aggregated 13F filings for Q3 2019.