Lyft
LYFT
405 hedge funds and large institutions have $6.21B invested in Lyft in 2024 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 124 increasing their positions, 131 reducing their positions, and 54 closing their positions.
48% more call options, than puts
Call options by funds: $583M | Put options by funds: $394M
34% more capital invested
Capital invested by funds: $4.63B → $6.21B (+$1.59B)
26% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 54
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3% more funds holding
Funds holding: 395 → 405 (+10)
1.76% more ownership
Funds ownership: 80.39% → 82.15% (+1.8%)
5% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$81.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$68M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$50.6M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$39.8M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$30.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$152M |
| 2 |
Millennium Management
New York
|
-$57.8M |
| 3 |
N
Natixis
Paris,
France
|
-$44M |
| 4 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$29.1M |
| 5 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
-$24.5M |
LYFT Hedge Fund Activity: Q1 2024 in Review
405 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Lyft (LYFT) for Q1 2024, worth a combined $6.21B — up 34% from $4.63B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new LYFT positions and 54 closed out — a net gain of 14 holders — while 124 added to existing stakes and 131 trimmed.
The largest buyer was Bank of America, adding an estimated $81.9M. The largest seller was Morgan Stanley, cutting an estimated $152M.
- 405 institutional investors held Lyft (LYFT) as of Q1 2024, up from 395 in Q4 2023.
- Funds reported $6.21B of Lyft stock for Q1 2024, up 34% quarter-over-quarter.
- 68 funds opened new Lyft positions in Q1 2024 and 54 closed out, a net change of +14 holders.
- The largest Lyft buyer in Q1 2024 was Bank of America, an estimated $81.9M added.
- The largest Lyft seller in Q1 2024 was Morgan Stanley, an estimated $152M sold.
Based on aggregated 13F filings for Q1 2024.