LexinFintech Holdings
102 hedge funds and large institutions have $558M invested in LexinFintech Holdings in 2020 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 32 increasing their positions, 27 reducing their positions, and 35 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 27
18% more capital invested
Capital invested by funds: $472M → $558M (+$85.8M)
7% less call options, than puts
Call options by funds: $1.89M | Put options by funds: $2.04M
1.09% less ownership
Funds ownership: 20.99% → 19.89% (-1.1%)
7% less funds holding
Funds holding: 110 → 102 (-8)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
23% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$25.7M |
| 2 |
CC
Cederberg Capital
London,
United Kingdom
|
+$15.6M |
| 3 |
KCM
Kingdon Capital Management
New York
|
+$10.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.48M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$8.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Aspex Management (HK)
Central,
Hong Kong
|
-$23M |
| 2 |
Morgan Stanley
New York
|
-$21.8M |
| 3 |
KM
Kora Management
Brooklyn,
New York
|
-$7.98M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$7.15M |
| 5 |
GH
GAM Holding
Zurich,
Switzerland
|
-$6.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Tudor Investment Corp
Stamford,
Connecticut
| – | -$174K | -19,659 | Closed |
|
|
BCM
127
Bayesian Capital Management
Brooklyn,
New York
| – | -$109K | -12,306 | Closed |
|
128
Acadian Asset Management
Boston,
Massachusetts
| – | -$107K | -12,090 | Closed |
|
129
MML Investors Services
Springfield,
Massachusetts
| – | -$106K | -11,994 | Closed |
|
|
MSL
130
Mackay Shields LLC
New York
| – | -$98K | -11,100 | Closed |
|
131
Russell Investments Group
London,
United Kingdom
| – | -$77K | -9,044 | Closed |
|
|
ADL
132
Asset Dedication LLC
San Francisco,
California
| – | -$20K | -2,242 | Closed |
|
|
HI
133
Hudock Inc
Williamsport,
Pennsylvania
| – | -$2K | -250 | Closed |
|
|
WQ
134
Wealth Quarterback
Toms River,
New Jersey
| – | -$2.22K | -250 | Closed |
|
135
Simplex Trading
Chicago,
Illinois
| – | +$45 | +5 | New |
|
LX Hedge Fund Activity: Q2 2020 in Review
102 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in LexinFintech Holdings (LX) for Q2 2020, worth a combined $558M — up 18% from $472M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of LX and 27 opened new positions — a net loss of 8 holders — while 27 trimmed existing stakes and 32 added.
The largest buyer was Light Street Capital Management, opening a new position worth an estimated $25.7M. The largest seller was Aspex Management (HK), exiting entirely with an estimated $23M sold.
- 102 institutional investors held LexinFintech Holdings (LX) as of Q2 2020, down from 110 in Q1 2020.
- Funds reported $558M of LexinFintech Holdings stock for Q2 2020, up 18% quarter-over-quarter.
- 27 funds opened new LexinFintech Holdings positions in Q2 2020 and 35 closed out, a net change of -8 holders.
- The largest LexinFintech Holdings buyer in Q2 2020 was Light Street Capital Management, an estimated $25.7M added.
- The largest LexinFintech Holdings seller in Q2 2020 was Aspex Management (HK), an estimated $23M sold.
Based on aggregated 13F filings for Q2 2020.