Luckin Coffee Inc. American Depositary Shares
LK
LK was delisted on the 26th of June, 2020.
8 hedge funds and large institutions have $56.5M invested in Luckin Coffee Inc. American Depositary Shares in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
26% less capital invested
Capital invested by funds: $76.1M → $56.5M (-$19.6M)
38% less funds holding
Funds holding: 13 → 8 (-5)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YRHAM
Yong Rong (HK) Asset Management
Sheung Wan,
Hong Kong
|
+$11.3M |
| 2 |
DMKJ
David M. Knott Jr
|
+$2.44M |
| 3 |
ECM
EMC Capital Management
Houston,
Texas
|
+$85.2K |
| 4 |
OP
ORG Partners
Roanoke,
Indiana
|
+$1.11K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$24 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Trivest Advisors
Hong Kong
|
-$24.3M |
| 2 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$2.14M |
| 3 |
FC
Franchise Capital
Grand Cayman,
Cayman Islands
|
-$1.19M |
| 4 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
-$532K |
| 5 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
-$63.7K |
LK Hedge Fund Activity: Q1 2024 in Review
8 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Luckin Coffee Inc. American Depositary Shares (LK) for Q1 2024, worth a combined $56.5M — down 26% from $76.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of LK and 2 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Yong Rong (HK) Asset Management, adding an estimated $11.3M. The largest seller was Trivest Advisors, exiting entirely with an estimated $24.3M sold.
- 8 institutional investors held Luckin Coffee Inc. American Depositary Shares (LK) as of Q1 2024, down from 13 in Q4 2023.
- Funds reported $56.5M of Luckin Coffee Inc. American Depositary Shares stock for Q1 2024, down 26% quarter-over-quarter.
- 2 funds opened new Luckin Coffee Inc. American Depositary Shares positions in Q1 2024 and 6 closed out, a net change of -4 holders.
- The largest Luckin Coffee Inc. American Depositary Shares buyer in Q1 2024 was Yong Rong (HK) Asset Management, an estimated $11.3M added.
- The largest Luckin Coffee Inc. American Depositary Shares seller in Q1 2024 was Trivest Advisors, an estimated $24.3M sold.
Based on aggregated 13F filings for Q1 2024.