SecurityFIT / Fitbit Inc.
InstitutionDeutsche Bank Ag\
Shares1,267,874
Value $ 8,278,000

Deutsche Bank Ag\ reports 36.85% decrease in ownership of FIT / Fitbit Inc.

August 14, 2018 - Deutsche Bank Ag\ has filed a 13F-HR form disclosing ownership of 1,267,874 shares of Fitbit Inc. (NYSE:FIT) with total holdings valued at $8,278,000 USD as of June 30, 2018. Deutsche Bank Ag\ had filed a previous 13F-HR on May 15, 2018 disclosing 2,007,717 shares of Fitbit Inc. at a value of $10,237,000 USD. This represents a change in shares of -36.85 percent and a change in value of -19.14 percent during the quarter.

Deutsche Bank Ag\ has a history of taking positions in derivatives of the underlying security (FIT) in the form of stock options. The firm currently holds 0 call options valued at $0 USD and 0 put options valued at $0 USD .

Other investors with positions similar to Deutsche Bank Ag\ include BlackRock Fund Advisors, BlackRock Group LTD, D. E. Shaw & Co., Inc., Senvest Management, LLC, Quinn Opportunity Partners LLC, and Schwab Charles Investment Management Inc.

Fitbit Inc. has declared a standard industrial code (sic) of 3571 which is the "Electronic Computers" industry. Deutsche Bank Ag\'s top industries are "Fishing hunting and trapping" (sic 09), "Forestry" (sic 08), and "Legal Services" (sic 81).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-06-30 13F-HR FITBIT CL A 33812L102 5.81 1,267,874 -36.85 8,278 -19.14 -4,301 2,342 22.88
2018-03-31 13F-HR FITBIT CL A 33812L102 5.40 2,007,717 50.79 10,237 34.70 3,654 -1,017 -13.38
2017-12-31 13F-HR FITBIT CL A 33812L102 6.33 1,331,476 93.34 7,600 58.60 4,071 -1,263 -26.36
2017-09-30 13F-HR FITBIT CL A 33812L102 6.13 688,671 -68.70 4,792 -58.98 -9,271 2,382 20.40
2017-06-30 13F-HR FITBIT CL A 33812L102 5.61 2,200,218 176.42 11,681 148.06 7,881 -909 -19.31
2017-03-31 13F-HR FITBIT CL A 33812L102 6.62 795,969 87.32 4,709 51.46 2,455 -855 -27.50
2016-12-31 13F-HR FITBIT CL A 33812L102 11.07 424,919 302.42 3,109 98.66 3,535 -1,991 -127.20
2016-09-30 13F-HR FITBIT CL A 33812L102 13.51 105,590 36.53 1,565 65.78 382 239 25.34
2016-06-30 13F-HR FITBIT CL A 33812L102 13.52 77,340 810.95 944 649.21 931 -113 -89.75
2016-03-31 13F-HR FITBIT CL A 33812L102 22.21 8,490 -96.76 126 -98.37 -5,624 -1,991 -25.72
2015-12-31 13F-HR FITBIT CL A 33812L102 33.62 261,682 154.09 7,741 99.61 5,335 -1,472 -37.96
2015-09-30 13F-HR FITBIT CL A 33812L102 37.93 102,987 47.24 3,878 45.13 1,253 -47 -1.77
2015-06-30 13F-HR FITBIT CL A 33812L102 69,944 2,672

Call Options

Effective
Date
Form Security Class CUSIP Opt Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2016-12-31 13F-HR FITBIT CL A 33812L102 Call 0 -100.00 0 -100.00 0 0
2016-09-30 13F-HR FITBIT CL A 33812L102 Call 700 10 10 0
2016-03-31 13F-HR FITBIT CL A 33812L102 Call 0 -100.00 0 -100.00 0 0
2015-12-31 13F-HR FITBIT CL A 33812L102 Call 32.89 768 -56.11 22 -66.15 -32 -11 -16.46
2015-09-30 13F-HR FITBIT CL A 33812L102 Call 1,750 65

Put Options

Effective
Date
Form Security Class CUSIP Opt Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR FITBIT CL A 33812L102 Put 0 -100.00 0 0 0
2017-12-31 13F-HR FITBIT CL A 33812L102 Put 0.00 15 0.00 0 0 0
2017-09-30 13F-HR FITBIT CL A 33812L102 Put 0.00 15 0.00 0 0 0
2017-06-30 13F-HR FITBIT CL A 33812L102 Put 0.00 15 0.00 0 0 0
2017-03-31 13F-HR FITBIT CL A 33812L102 Put 0.00 15 0.00 0 0 0
2016-12-31 13F-HR FITBIT CL A 33812L102 Put 15 0
FIT : Fitbit Stock Research Analysis and Report

2017-10-11 - Asif

Fitbit's mission is to help people lead healthier, more active lives by empowering them with data, inspiration, and guidance to reach their goals. Fitbit is transforming the way millions of people around the world achieve their health and fitness goals. The Fitbit platform combines wearable devices with connected health solutions via software and services, including an online dashboard and mobile apps, data analytics, motivational and social tools, personalized insights, and virtual coaching through customized fitness plans and interactive workouts. Its platform helps people become more active, exercise more, sleep better, eat smarter, and manage their weight. Fitbit appeals to a large, mainstream health and fitness market by addressing these key needs with advanced technology embedded in simple-to-use products and services. The company pioneered the wearable device market starting in 2007, and since then, The company have grown into a leading global health and fitness brand. Fi...



CUSIP: 33812L102