LexinFintech Holdings
90 hedge funds and large institutions have $301M invested in LexinFintech Holdings in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 21 reducing their positions, and 28 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 21
2.9% less ownership
Funds ownership: 19.89% → 16.99% (-2.9%)
12% less funds holding
Funds holding: 102 → 90 (-12)
31% less call options, than puts
Call options by funds: $1.72M | Put options by funds: $2.48M
39% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 28
46% less capital invested
Capital invested by funds: $558M → $301M (-$257M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$5.45M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$5.36M |
| 3 |
SPC
Slate Path Capital
New York
|
+$5.17M |
| 4 |
Morgan Stanley
New York
|
+$4.59M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$30.7M |
| 2 |
Goldman Sachs
New York
|
-$21M |
| 3 |
KCM
Kingdon Capital Management
New York
|
-$12.2M |
| 4 |
KFA
Krane Funds Advisors
New York
|
-$12.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$8.69M |
LX Hedge Fund Activity: Q3 2020 in Review
90 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in LexinFintech Holdings (LX) for Q3 2020, worth a combined $301M — down 46% from $558M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of LX and 17 opened new positions — a net loss of 11 holders — while 21 trimmed existing stakes and 37 added.
The largest buyer was JP Morgan Chase, adding an estimated $5.45M. The largest seller was Light Street Capital Management, exiting entirely with an estimated $30.7M sold.
- 90 institutional investors held LexinFintech Holdings (LX) as of Q3 2020, down from 102 in Q2 2020.
- Funds reported $301M of LexinFintech Holdings stock for Q3 2020, down 46% quarter-over-quarter.
- 17 funds opened new LexinFintech Holdings positions in Q3 2020 and 28 closed out, a net change of -11 holders.
- The largest LexinFintech Holdings buyer in Q3 2020 was JP Morgan Chase, an estimated $5.45M added.
- The largest LexinFintech Holdings seller in Q3 2020 was Light Street Capital Management, an estimated $30.7M sold.
Based on aggregated 13F filings for Q3 2020.