LUMENTUM HLDGS INC LITE
COM · Common Stock · CUSIP 55024U109 · ISIN US55024U1097
Company in Milpitas, United States
- SectorTechnology
- IndustryCommunications Equipment, NEC
- HeadquartersSan Jose, CA
- Founded2015
- Websitelumentum.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($13.5m this quarter). Holder counts are more reliable. Shares outstanding: 68.0m as of 2024-08-14, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $50.94. Options: 21 managers hold calls ($161.0m notional), 19 hold puts ($126.1m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 442 |
| Q4 2022 | 429 |
| Q1 2023 | 387 |
| Q2 2023 | 377 |
| Q3 2023 | 366 |
| Q4 2023 | 357 |
| Q1 2024 | 366 |
| Q2 2024 | 377 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 172 | 242 |
| Q1 2023 | 169 | 203 |
| Q2 2023 | 163 | 191 |
| Q3 2023 | 150 | 199 |
| Q4 2023 | 123 | 204 |
| Q1 2024 | 175 | 149 |
| Q2 2024 | 167 | 164 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $62.8m | $105.7m | 1.68 |
| Q4 2023 | $86.8m | $142.1m | 1.64 |
| Q1 2024 | $124.4m | $128.1m | 1.03 |
| Q2 2024 | $161.0m | $126.1m | 0.78 |
Biggest buyers
| Alyeska Investment Group, L.P. | Added | +1.6m |
| Point72 Asset Management, L.P. | Added | +530.0k |
| Schonfeld Strategic Advisors LLC | Added | +473.4k |
| WELLINGTON MANAGEMENT GROUP LLP | New | +299.3k |
| Woodline Partners LP | Added | +284.0k |
| TWO SIGMA INVESTMENTS, LP | Added | +278.0k |
| Invesco Ltd. | Added | +236.3k |
| VANGUARD GROUP INC | Added | +235.4k |
| SORA INVESTORS LLC | Added | +200.0k |
| TUDOR INVESTMENT CORP ET AL | New | +183.7k |
Biggest sellers
| Swedbank AB | Sold out | -1.5m |
| MORGAN STANLEY | Reduced | -937.0k |
| FMR LLC | Reduced | -655.4k |
| FRANKLIN RESOURCES INC | Reduced | -536.7k |
| FengHe Fund Management Pte. Ltd. | Reduced | -457.4k |
| Point72 Hong Kong Ltd | Sold out | -403.8k |
| AMERIPRISE FINANCIAL INC | Reduced | -402.0k |
| Bank of New York Mellon Corp | Reduced | -256.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -184.7k |
| F&V Capital Management, LLC | Sold out | -141.4k |
Biggest calls
| NOMURA HOLDINGS INC | New | $38.2m750.0k shares |
| PointState Capital LP | New | $38.2m750.0k shares |
| CITADEL ADVISORS LLC | Reduced | $16.8m329.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $10.6m207.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $9.4m184.9k shares |
| PEAK6 Investments LLC | Reduced | $8.4m164.0k shares |
| Balyasny Asset Management L.P. | Reduced | $6.5m127.5k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $5.2m102.5k shares |
| GOLDMAN SACHS GROUP INC | Added | $5.1m100.0k shares |
| Walleye Capital LLC | Added | $4.9m95.4k shares |
Biggest puts
| TWO SIGMA INVESTMENTS, LP | Reduced | $39.6m777.9k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $19.5m382.8k shares |
| Walleye Trading LLC | Added | $10.0m197.3k shares |
| CITADEL ADVISORS LLC | Reduced | $9.1m178.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.1m159.2k shares |
| PEAK6 Investments LLC | Reduced | $7.8m153.6k shares |
| JANE STREET GROUP, LLC | Added | $7.1m139.0k shares |
| Walleye Capital LLC | Added | $6.7m132.0k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $4.3m848 shares |
| SIMPLEX TRADING, LLC | Reduced | $3.1m61.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.3% |
| BlackRock, Inc. 13G · institution filed 2026-04-24 | 7.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: FMR LLC (4.6%, 2026-07-08), Capital World Investors (1.8%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 4 | $2.4m | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 1 | $415.8k | $415.8k |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 1 | $51.4k | $51.4k |
| Q1 2024 | 0 | — | 1 | $487.5k | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.03% of their portfolio | 9.2m $468.9m | Reduced -655.4k |
| VANGUARD GROUP INC 0.01% of their portfolio | 7.5m $379.5m | Added +235.4k |
| Invesco Ltd. 0.07% of their portfolio | 6.3m $319.3m | Added +236.3k |
| BlackRock Inc. 0.01% of their portfolio | 6.1m $311.2m | Added +46.8k |
| Point72 Asset Management, L.P. 0.53% of their portfolio | 3.2m $164.4m | Added +530.0k |
| Alyeska Investment Group, L.P. 0.66% of their portfolio | 2.3m $114.7m | Added +1.6m |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 2.2m $113.3m | Reduced -402.0k |
| STATE STREET CORP 0.00% of their portfolio | 2.1m $105.2m | Added +44.7k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.7m $86.8m | Added +130.8k |
| EARNEST PARTNERS LLC 0.40% of their portfolio | 1.7m $85.9m | Reduced -2.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.09% of their portfolio | 1.7m $84.3m | Reduced -184.7k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 1.6m $82.4m | Reduced -13.0k |
| Atreides Management, LP 2.19% of their portfolio | 1.3m $67.0m | Added +100.3k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 1.2m $63.3m | Added +28.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.2m $60.5m | Reduced -256.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.2m $59.6m | Added +30.5k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.66% of their portfolio | 1.2m $58.8m | Added +174.8k |
| FengHe Fund Management Pte. Ltd. 7.21% of their portfolio | 1.0m $51.7m | Reduced -457.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 999.9k $50.9m | Added +8.0k |
| Divisar Capital Management LLC 9.28% of their portfolio | 961.6k $49.0m | Added +52.3k |
| PointState Capital LP 1.38% of their portfolio | 946.3k $48.2m | Unchanged |
| NORTHERN TRUST CORP 0.01% of their portfolio | 870.3k $44.3m | Added +59.6k |
| Robeco Schweiz AG 0.82% of their portfolio | 843.0k $42.9m | Unchanged |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 806.6k $41.1m | Reduced -536.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 701.0k $35.7m | Added +36.3k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 579.4k $29.5m | Reduced -120 |
| Schonfeld Strategic Advisors LLC 0.22% of their portfolio | 568.8k $29.0m | Added +473.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 559.1k $28.5m | Reduced -122.8k |
| DigitalBridge Group, Inc. 2.50% of their portfolio | 554.5k $28.2m | Added +54.7k |
| NORGES BANK 0.00% of their portfolio | 551.0k $28.1m | Reduced -116.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 448.0k $22.8m | Reduced -9.2k |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 437.9k $22.3m | Added +278.0k |
| MORGAN STANLEY 0.00% of their portfolio | 417.0k $21.2m | Reduced -937.0k |
| Leeward Investments, LLC - MA 0.88% of their portfolio | 377.2k $19.2m | Added +20.0k |
| Granite Investment Partners, LLC 0.77% of their portfolio | 364.4k $18.6m | Added +22.9k |
| Woodline Partners LP 0.17% of their portfolio | 357.5k $18.2m | Added +284.0k |
| Retirement Systems of Alabama 0.07% of their portfolio | 356.2k $18.1m | Reduced -1.2k |
| Verition Fund Management LLC 0.14% of their portfolio | 355.2k $18.1m | Added +181.4k |
| SORA INVESTORS LLC 3.28% of their portfolio | 350.0k $17.8m | Added +200.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 299.3k $15.2m | New |
| EMERALD ADVISERS, LLC 0.63% of their portfolio | 293.2k $14.9m | Reduced -4.6k |
| PINNACLE ASSOCIATES LTD 0.22% of their portfolio | 271.1k $13.8m | Reduced -5.5k |
| Panview Asian Equity Master Fund 3.34% of their portfolio | 260.0k $13.2m | Unchanged |
| Goodman Financial Corp 2.91% of their portfolio | 256.3k $13.0m | Added +15.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 238.5k $12.1m | Reduced -32.4k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.63% of their portfolio | 235.7k $12.0m | Unchanged |
| SEI INVESTMENTS CO 0.02% of their portfolio | 233.6k $11.9m | Reduced -5.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 225.2k $11.5m | Reduced -28.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 223.6k $11.4m | Added +4.8k |
| Holocene Advisors, LP 0.05% of their portfolio | 222.4k $11.3m | Reduced -92.4k |
| Shellback Capital, LP 0.83% of their portfolio | 221.1k $11.3m | Added +58.1k |
| North Growth Management Ltd. 2.20% of their portfolio | 219.0k $11.1m | Added +1.0k |
| Polar Capital Holdings Plc 0.06% of their portfolio | 214.0k $10.9m | Added +86.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 191.7k $9.8m | Reduced -3.0k |
| Arnhold LLC 1.01% of their portfolio | 187.2k $9.5m | Reduced -602 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 184.7k $9.4m | Reduced -4.2k |
| TUDOR INVESTMENT CORP ET AL 0.10% of their portfolio | 183.7k $9.4m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 179.4k $9.1m | Added +70.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 177.1k $9.0m | Reduced -97.9k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 175.7k $8.9m | Reduced -96.1k |
| CenterBook Partners LP 0.54% of their portfolio | 171.7k $8.7m | Added +5.9k |
| S SQUARED TECHNOLOGY, LLC 3.74% of their portfolio | 166.5k $8.5m | Unchanged |
| CAXTON ASSOCIATES LP 0.32% of their portfolio | 160.3k $8.2m | Added +90.2k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 149.6k $7.6m | Added +52.3k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.23% of their portfolio | 148.4k $7.6m | Added +1.0k |
| NOMURA HOLDINGS INC 0.05% of their portfolio | 143.5k $7.3m | New |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.21% of their portfolio | 139.3k $7.1m | Added +1.8k |
| Swiss National Bank 0.00% of their portfolio | 132.6k $6.8m | Added +600 |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 126.7k $6.5m | Added +86.7k |
| Front Street Capital Management, Inc. 1.14% of their portfolio | 116.8k $5.9m | Reduced -442 |
| THOMPSON INVESTMENT MANAGEMENT, INC. 0.92% of their portfolio | 116.4k $5.9m | Added +45.0k |
| Walleye Capital LLC 0.06% of their portfolio | 111.5k $5.7m | Reduced -6.5k |
| Hodges Capital Management Inc. 0.38% of their portfolio | 110.8k $5.6m | New |
| NorthCoast Asset Management LLC 0.05% of their portfolio | 104.7k $5.3m | Added +60.1k |
| Legal & General Group Plc 0.00% of their portfolio | 103.7k $5.3m | Reduced -46.3k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.42% of their portfolio | 100.0k $5.1m | Added +40.0k |
| Pinpoint Asset Management Ltd 0.82% of their portfolio | 92.2k $5.8m | Reduced -17.7k |
| CITIGROUP INC 0.00% of their portfolio | 90.2k $4.6m | Added +74.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 90.1k $4.6m | Reduced -26.6k |
| Phocas Financial Corp. 0.52% of their portfolio | 88.8k $4.5m | Reduced -1.7k |
| UBS Group AG 0.00% of their portfolio | 88.7k $4.5m | Added +40.6k |
| California Public Employees Retirement System 0.00% of their portfolio | 88.5k $4.5m | Reduced -6.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 87.5k $4.5m | Reduced -98.9k |
| JOHN G ULLMAN & ASSOCIATES INC 0.67% of their portfolio | 86.2k $4.4m | Added +12.3k |
| Corebridge Financial, Inc. 0.02% of their portfolio | 85.5k $4.4m | First filing |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 84.4k $4.3m | Reduced -400 |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 81.1k $4.1m | New |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.02% of their portfolio | 77.5k $3.9m | Added +2.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 75.9k $3.9m | Reduced -3.1k |
| CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio | 73.0k $3.7m | Added +48.3k |
| Dana Investment Advisors, Inc. 0.12% of their portfolio | 70.0k $3.6m | Reduced -1.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 68.7k $3.5m | New |
| Susquehanna Portfolio Strategies, LLC 0.14% of their portfolio | 67.0k $3.4m | Reduced -22.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 65.8k $3.4m | Reduced -1.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 65.7k $3.3m | Reduced -1.3k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.02% of their portfolio | 65.3k $3.3m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 61.8k $3.1m | Reduced -22.2k |
| Select Equity Group, L.P. 0.01% of their portfolio | 57.2k $2.9m | Reduced -26.7k |
| Bayesian Capital Management, LP 0.33% of their portfolio | 56.4k $2.9m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 55.8k $2.8m | Reduced -1.2k |