OI S.A. SPON ADR REPSTG 3 PFD SHS (BRA)
BTM
BTM was delisted on the 5th of April, 2012.
100 hedge funds and large institutions have $362M invested in OI S.A. SPON ADR REPSTG 3 PFD SHS (BRA) in 2014 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 36 reducing their positions, and 19 closing their positions.
2% less funds holding
Funds holding: 102 → 100 (-2)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
14% less capital invested
Capital invested by funds: $418M → $362M (-$56.9M)
39% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 36
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWG
Alpha Wave Global
New York
|
+$27M |
| 2 |
State Street
Boston,
Massachusetts
|
+$22.8M |
| 3 |
GAM
Goldentree Asset Management
New York
|
+$20M |
| 4 |
Bank of New York Mellon
New York
|
+$13.1M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$9.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIP
Hengistbury Investment Partners
London,
United Kingdom
|
-$27.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$15.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$11.8M |
| 4 |
CCMU
Cheyne Capital Management (UK)
London,
United Kingdom
|
-$7.11M |
| 5 |
Goldman Sachs
New York
|
-$4.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Balyasny Asset Management
Chicago,
Illinois
| – | -$2.36M | -2,750,426 | Closed |
|
|
GACM
102
Green Arrow Capital Management
New York
| – | -$2.21M | -2,580,825 | Closed |
|
|
GP
103
GLG Partners
London,
United Kingdom
| – | -$1.76M | -2,047,233 | Closed |
|
104
Jane Street
New York
| – | -$1.24M | -1,448,658 | Closed |
|
|
RCMB
105
Revelation Capital Management (Bermuda)
Hamilton,
Bermuda
| – | -$1.04M | -1,212,600 | Closed |
|
|
EGA
106
Eagle Global Advisors
Houston,
Texas
| – | -$175K | -204,000 | Closed |
|
|
NCM
107
Newgate Capital Management
Greenwich,
Connecticut
| – | -$64K | -74,700 | Closed |
|
|
NCCM
108
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$59K | -68,400 | Closed |
|
109
California Public Employees Retirement System
Sacramento,
California
| – | -$16K | -18,312 | Closed |
|
|
MHS
110
M Holdings Securities
Portland,
Oregon
| – | -$14K | -16,500 | Closed |
|
|
NB
111
Norinchukin Bank
Tokyo,
Japan
| – | -$10K | -11,983 | Closed |
|
112
Daiwa Securities Group
Tokyo,
Japan
| – | -$7K | -7,700 | Closed |
|
113
Citigroup
New York
| – | -$1K | -1,512 | Closed |
|
BTM Hedge Fund Activity: Q3 2014 in Review
100 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in OI S.A. SPON ADR REPSTG 3 PFD SHS (BRA) (BTM) for Q3 2014, worth a combined $362M — down 14% from $418M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BTM and 17 opened new positions — a net loss of 2 holders — while 36 trimmed existing stakes and 22 added.
The largest buyer was Alpha Wave Global, adding an estimated $27M. The largest seller was Hengistbury Investment Partners, exiting entirely with an estimated $27.4M sold.
- 100 institutional investors held OI S.A. SPON ADR REPSTG 3 PFD SHS (BRA) (BTM) as of Q3 2014, down from 102 in Q2 2014.
- Funds reported $362M of OI S.A. SPON ADR REPSTG 3 PFD SHS (BRA) stock for Q3 2014, down 14% quarter-over-quarter.
- 17 funds opened new OI S.A. SPON ADR REPSTG 3 PFD SHS (BRA) positions in Q3 2014 and 19 closed out, a net change of -2 holders.
- The largest OI S.A. SPON ADR REPSTG 3 PFD SHS (BRA) buyer in Q3 2014 was Alpha Wave Global, an estimated $27M added.
- The largest OI S.A. SPON ADR REPSTG 3 PFD SHS (BRA) seller in Q3 2014 was Hengistbury Investment Partners, an estimated $27.4M sold.
Based on aggregated 13F filings for Q3 2014.