LINE Corporation
LN
LN was delisted on the 24th of December, 2020.
77 hedge funds and large institutions have $212M invested in LINE Corporation in 2019 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 4 closing their positions.
450% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 4
28% more funds holding
Funds holding: 60 → 77 (+17)
26% more call options, than puts
Call options by funds: $4.33M | Put options by funds: $3.43M
5% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 21
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
30% less capital invested
Capital invested by funds: $302M → $212M (-$89.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Manikay Partners
New York
|
+$11.3M |
| 2 |
Millennium Management
New York
|
+$4.82M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.93M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$766K |
| 5 |
Goldman Sachs
New York
|
+$720K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MICM
Matthews International Capital Management
San Francisco,
California
|
-$87.5M |
| 2 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$57.3M |
| 3 |
CG
Carmignac Gestion
Paris,
France
|
-$23.6M |
| 4 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$5.17M |
| 5 |
HA
HHLR Advisors
Grand Cayman,
Cayman Islands
|
-$3.7M |
LN Hedge Fund Activity: Q4 2019 in Review
77 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in LINE Corporation (LN) for Q4 2019, worth a combined $212M — down 30% from $302M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new LN positions and 4 closed out — a net gain of 18 holders — while 22 added to existing stakes and 21 trimmed.
The largest buyer was Manikay Partners, opening a new position worth an estimated $11.3M. The largest seller was Matthews International Capital Management, exiting entirely with an estimated $87.5M sold.
- 77 institutional investors held LINE Corporation (LN) as of Q4 2019, up from 60 in Q3 2019.
- Funds reported $212M of LINE Corporation stock for Q4 2019, down 30% quarter-over-quarter.
- 22 funds opened new LINE Corporation positions in Q4 2019 and 4 closed out, a net change of +18 holders.
- The largest LINE Corporation buyer in Q4 2019 was Manikay Partners, an estimated $11.3M added.
- The largest LINE Corporation seller in Q4 2019 was Matthews International Capital Management, an estimated $87.5M sold.
Based on aggregated 13F filings for Q4 2019.