SITO MOBILE, LTD
SITO
SITO was delisted on the 9th of March, 2020.
23 hedge funds and large institutions have $6.61M invested in SITO MOBILE, LTD in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 6 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
15% less funds holding
Funds holding: 27 → 23 (-4)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
35% less capital invested
Capital invested by funds: $10.1M → $6.61M (-$3.51M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell & Co
New York
|
+$424K |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$306K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$304K |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$113K |
| 5 |
BlackRock
New York
|
+$113K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Akanthos Capital Management
Woodland Hills,
California
|
-$1.16M |
| 2 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$295K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$39K |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$10.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFM
26
Boothbay Fund Management
New York
| – | -$48 | -13,092 | Closed |
|
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$39K | -10,640 | Closed |
|
|
28
Bank of America
Charlotte,
North Carolina
| – | -$2K | -500 | Closed |
|
|
MTIP
29
Magee Thomson Investment Partners
San Diego,
California
| – | -$1K | -228 | Closed |
|
SITO Hedge Fund Activity: Q1 2017 in Review
23 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in SITO MOBILE, LTD (SITO) for Q1 2017, worth a combined $6.61M — down 35% from $10.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SITO and 4 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 8 added.
The largest buyer was Cannell & Co, adding an estimated $424K. The largest seller was Akanthos Capital Management, exiting entirely with an estimated $1.16M sold.
- 23 institutional investors held SITO MOBILE, LTD (SITO) as of Q1 2017, down from 27 in Q4 2016.
- Funds reported $6.61M of SITO MOBILE, LTD stock for Q1 2017, down 35% quarter-over-quarter.
- 4 funds opened new SITO MOBILE, LTD positions in Q1 2017 and 6 closed out, a net change of -2 holders.
- The largest SITO MOBILE, LTD buyer in Q1 2017 was Cannell & Co, an estimated $424K added.
- The largest SITO MOBILE, LTD seller in Q1 2017 was Akanthos Capital Management, an estimated $1.16M sold.
Based on aggregated 13F filings for Q1 2017.