Luckin Coffee Inc. American Depositary Shares
LK
LK was delisted on the 26th of June, 2020.
14 hedge funds and large institutions have $108M invested in Luckin Coffee Inc. American Depositary Shares in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 2 closing their positions.
336% more capital invested
Capital invested by funds: $24.8M → $108M (+$83.4M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
8% more funds holding
Funds holding: 13 → 14 (+1)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Trivest Advisors
Hong Kong
|
+$68.4M |
| 2 |
FC
Franchise Capital
Grand Cayman,
Cayman Islands
|
+$1.59M |
| 3 |
ONGA
O'Neil Global Advisors
Los Angeles,
California
|
+$472K |
| 4 |
ECM
EMC Capital Management
Houston,
Texas
|
+$46.3K |
| 5 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$12.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$197K |
| 2 |
YRHAM
Yong Rong (HK) Asset Management
Sheung Wan,
Hong Kong
|
-$68K |
| 3 |
HDIM
Hanson & Doremus Investment Management
Burlington,
Vermont
|
-$7K |
| 4 |
OP
ORG Partners
Roanoke,
Indiana
|
-$2.59K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$210 |
LK Hedge Fund Activity: Q3 2023 in Review
14 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Luckin Coffee Inc. American Depositary Shares (LK) for Q3 2023, worth a combined $108M — up 336% from $24.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new LK positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Trivest Advisors, opening a new position worth an estimated $68.4M. The largest seller was Dorsey Wright & Associates, cutting an estimated $197K.
- 14 institutional investors held Luckin Coffee Inc. American Depositary Shares (LK) as of Q3 2023, up from 13 in Q2 2023.
- Funds reported $108M of Luckin Coffee Inc. American Depositary Shares stock for Q3 2023, up 336% quarter-over-quarter.
- 3 funds opened new Luckin Coffee Inc. American Depositary Shares positions in Q3 2023 and 2 closed out, a net change of +1 holder.
- The largest Luckin Coffee Inc. American Depositary Shares buyer in Q3 2023 was Trivest Advisors, an estimated $68.4M added.
- The largest Luckin Coffee Inc. American Depositary Shares seller in Q3 2023 was Dorsey Wright & Associates, an estimated $197K sold.
Based on aggregated 13F filings for Q3 2023.