SITO MOBILE, LTD
SITO
SITO was delisted on the 9th of March, 2020.
27 hedge funds and large institutions have $10.1M invested in SITO MOBILE, LTD in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 8 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
7% less funds holding
Funds holding: 29 → 27 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
30% less capital invested
Capital invested by funds: $14.5M → $10.1M (-$4.34M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Akanthos Capital Management
Woodland Hills,
California
|
+$781K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$185K |
| 3 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$120K |
| 4 |
RC
RegentAtlantic Capital
Morristown,
New Jersey
|
+$113K |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$821K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$473K |
| 3 |
SPM
Symmetry Peak Management
Radnor,
Pennsylvania
|
-$451K |
| 4 |
FIG
Fortress Investment Group
New York
|
-$441K |
| 5 |
Renaissance Technologies
New York
|
-$300K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
26
Globeflex Capital
San Diego,
California
| $1K | +$736 | +173 | New |
|
|
BFM
27
Boothbay Fund Management
New York
| $48 | -$29.5K | -6,936 | -35% |
|
|
FG
28
Formula Growth
Montreal,
Quebec, Canada
| – | -$821K | -186,667 | Closed |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| – | -$473K | -107,521 | Closed |
|
|
SPM
30
Symmetry Peak Management
Radnor,
Pennsylvania
| – | -$451K | -102,500 | Closed |
|
|
31
Renaissance Technologies
New York
| – | -$300K | -68,288 | Closed |
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$250K | -56,978 | Closed |
|
|
PCM
33
Perkins Capital Management
Wayzata,
Minnesota
| – | -$198K | -45,000 | Closed |
|
|
DCM
34
Driehaus Capital Management
Chicago,
Illinois
| – | -$112K | -25,460 | Closed |
|
|
FMA
35
FNY Managed Accounts
New York
| – | -$18.5K | -4,200 | Closed |
|
SITO Hedge Fund Activity: Q4 2016 in Review
27 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in SITO MOBILE, LTD (SITO) for Q4 2016, worth a combined $10.1M — down 30% from $14.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SITO and 6 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was Akanthos Capital Management, adding an estimated $781K. The largest seller was Formula Growth, exiting entirely with an estimated $821K sold.
- 27 institutional investors held SITO MOBILE, LTD (SITO) as of Q4 2016, down from 29 in Q3 2016.
- Funds reported $10.1M of SITO MOBILE, LTD stock for Q4 2016, down 30% quarter-over-quarter.
- 6 funds opened new SITO MOBILE, LTD positions in Q4 2016 and 8 closed out, a net change of -2 holders.
- The largest SITO MOBILE, LTD buyer in Q4 2016 was Akanthos Capital Management, an estimated $781K added.
- The largest SITO MOBILE, LTD seller in Q4 2016 was Formula Growth, an estimated $821K sold.
Based on aggregated 13F filings for Q4 2016.