LINE ranks #1891 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
LINE is a disclosed holding of Cliff Asness (AQR Capital Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.1% of that fund's own 13F portfolio.
LINE is a top-conviction position for Lunate Capital Ltd — at 13.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in LINE belongs to Norges Bank, but the position matters far more to Lunate Capital Ltd, who has 13.2% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Cliff Asness has added to its LINE position for two straight quarters, increasing it by $155.8M to reach $202.1M today.
D1 Capital Partners L.P. has trimmed its LINE position for two straight quarters, cutting it by $54.2M while still holding $204.8M.
LINE is down 0.6% today, but institutions show net buying of $776.2M this quarter — a divergence between today's price move and the underlying institutional flow.