Luckin Coffee Inc. American Depositary Shares
LK
LK was delisted on the 26th of June, 2020.
13 hedge funds and large institutions have $24.3M invested in Luckin Coffee Inc. American Depositary Shares in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
8% more funds holding
Funds holding: 12 → 13 (+1)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
65% less capital invested
Capital invested by funds: $68.6M → $24.3M (-$44.3M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 6
Top Buyers
| 1 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$39.2K |
| 2 |
HDIM
Hanson & Doremus Investment Management
Burlington,
Vermont
|
+$7K |
| 3 |
OP
ORG Partners
Roanoke,
Indiana
|
+$3K |
Top Sellers
LK Hedge Fund Activity: Q2 2023 in Review
13 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Luckin Coffee Inc. American Depositary Shares (LK) for Q2 2023, worth a combined $24.3M — down 65% from $68.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new LK positions and 2 closed out — a net gain of 1 holder — while 0 added to existing stakes and 6 trimmed.
The largest buyer was RhumbLine Advisers, opening a new position worth an estimated $39.2K. The largest seller was Yong Rong (HK) Asset Management, cutting an estimated $23.6M.
- 13 institutional investors held Luckin Coffee Inc. American Depositary Shares (LK) as of Q2 2023, up from 12 in Q1 2023.
- Funds reported $24.3M of Luckin Coffee Inc. American Depositary Shares stock for Q2 2023, down 65% quarter-over-quarter.
- 3 funds opened new Luckin Coffee Inc. American Depositary Shares positions in Q2 2023 and 2 closed out, a net change of +1 holder.
- The largest Luckin Coffee Inc. American Depositary Shares buyer in Q2 2023 was RhumbLine Advisers, an estimated $39.2K added.
- The largest Luckin Coffee Inc. American Depositary Shares seller in Q2 2023 was Yong Rong (HK) Asset Management, an estimated $23.6M sold.
Based on aggregated 13F filings for Q2 2023.