Luxottica Group
LUX
LUX was delisted on the 16th of June, 2017.
27 hedge funds and large institutions have $117M invested in Luxottica Group in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 21 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
44% less funds holding
Funds holding: 48 → 27 (-21)
52% less capital invested
Capital invested by funds: $241M → $117M (-$124M)
90% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$1.13M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$763K |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$441K |
| 4 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$260K |
| 5 |
BFM
Boston Financial Management
Boston,
Massachusetts
|
+$158K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
-$83.6M |
| 2 |
AG
Aperio Group
Sausalito,
California
|
-$9.52M |
| 3 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$5.7M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.11M |
| 5 |
ECM
Ensemble Capital Management
San Francisco,
California
|
-$4.05M |
LUX Hedge Fund Activity: Q3 2017 in Review
27 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Luxottica Group (LUX) for Q3 2017, worth a combined $117M — down 52% from $241M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of LUX and 2 opened new positions — a net loss of 19 holders — while 7 trimmed existing stakes and 9 added.
The largest buyer was BB&T Securities, opening a new position worth an estimated $1.13M. The largest seller was WCM Investment Management, exiting entirely with an estimated $83.6M sold.
- 27 institutional investors held Luxottica Group (LUX) as of Q3 2017, down from 48 in Q2 2017.
- Funds reported $117M of Luxottica Group stock for Q3 2017, down 52% quarter-over-quarter.
- 2 funds opened new Luxottica Group positions in Q3 2017 and 21 closed out, a net change of -19 holders.
- The largest Luxottica Group buyer in Q3 2017 was BB&T Securities, an estimated $1.13M added.
- The largest Luxottica Group seller in Q3 2017 was WCM Investment Management, an estimated $83.6M sold.
Based on aggregated 13F filings for Q3 2017.