Judging by the fact that Lumentum Holdings Inc (NASDAQ:LITE) has experienced falling interest from the entirety of the hedge funds we track, it's easy to see that there exists a select few hedge funds that elected to cut their entire stakes by the end of the third quarter. At the top of the heap, Peter Muller's PDT Partners cut the largest position of the 700 funds watched by Insider Monkey, worth about $7.6 million in stock, and Charles Clough's Clough Capital Partners was right behind this move, as the fund dropped about $7.5 million worth. These bearish behaviors are important to note, as total hedge fund interest stayed the same (this is a bearish signal in our experience).