Luckin Coffee Inc. American Depositary Shares
LK
LK was delisted on the 26th of June, 2020.
9 hedge funds and large institutions have $11.5M invested in Luckin Coffee Inc. American Depositary Shares in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
13% more funds holding
Funds holding: 8 → 9 (+1)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
80% less capital invested
Capital invested by funds: $56.5M → $11.5M (-$45M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| 1 |
TSMHT
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
|
+$123K |
| 2 |
MWA
MFA Wealth Advisors
Pittsburgh,
Pennsylvania
|
+$31.6K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FC
1
Franchise Capital
Grand Cayman,
Cayman Islands
| $8.75M | -$17.3M | -817,962 | -66% |
|
|
DMKJ
2
David M. Knott Jr
| $2.11M | – | – | – |
|
|
FNT
3
First National Trust
Hermitage,
Pennsylvania
| $337K | – | – | – |
|
|
ECM
4
EMC Capital Management
Houston,
Texas
| $129K | – | – | – |
|
|
TSMHT
5
Thurston Springer Miller Herd & Titak
Indianapolis,
Indiana
| $123K | +$123K | +5,821 | New |
|
6
RhumbLine Advisers
Boston,
Massachusetts
| $42.6K | -$1.16K | -55 | -3% |
|
|
MWA
7
MFA Wealth Advisors
Pittsburgh,
Pennsylvania
| $31.6K | +$31.6K | +1,500 | New |
|
8
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $380 | -$148 | -7 | -28% |
|
|
YRHAM
9
Yong Rong (HK) Asset Management
Sheung Wan,
Hong Kong
| – | -$23.4M | -955,700 | Closed |
|
|
OP
10
ORG Partners
Roanoke,
Indiana
| – | -$1.11K | -46 | Closed |
|
LK Hedge Fund Activity: Q2 2024 in Review
9 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Luckin Coffee Inc. American Depositary Shares (LK) for Q2 2024, worth a combined $11.5M — down 80% from $56.5M 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 3 trimmed.
The largest buyer was Thurston Springer Miller Herd & Titak, opening a new position worth an estimated $123K. The largest seller was Yong Rong (HK) Asset Management, exiting entirely with an estimated $23.4M sold.
- 9 institutional investors held Luckin Coffee Inc. American Depositary Shares (LK) as of Q2 2024, up from 8 in Q1 2024.
- Funds reported $11.5M of Luckin Coffee Inc. American Depositary Shares stock for Q2 2024, down 80% quarter-over-quarter.
- 3 funds opened new Luckin Coffee Inc. American Depositary Shares positions in Q2 2024 and 2 closed out, a net change of +1 holder.
- The largest Luckin Coffee Inc. American Depositary Shares buyer in Q2 2024 was Thurston Springer Miller Herd & Titak, an estimated $123K added.
- The largest Luckin Coffee Inc. American Depositary Shares seller in Q2 2024 was Yong Rong (HK) Asset Management, an estimated $23.4M sold.
Based on aggregated 13F filings for Q2 2024.