China Telecom Corporation, LTD
CHA
CHA was delisted on the 8th of January, 2021.
83 hedge funds and large institutions have $124M invested in China Telecom Corporation, LTD in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 15 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
2% less funds holding
Funds holding: 85 → 83 (-2)
20% less capital invested
Capital invested by funds: $154M → $124M (-$30.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$10.1M |
| 2 |
Morgan Stanley
New York
|
+$7.15M |
| 3 |
Two Sigma Advisers
New York
|
+$3.82M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.65M |
| 5 |
Jane Street
New York
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$11.2M |
| 2 |
Millennium Management
New York
|
-$3.31M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.72M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.18M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$1.35M |
CHA Hedge Fund Activity: Q1 2020 in Review
83 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in China Telecom Corporation, LTD (CHA) for Q1 2020, worth a combined $124M — down 20% from $154M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CHA positions and 15 closed out — a net gain of 1 holder — while 28 added to existing stakes and 23 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $10.1M. The largest seller was Franklin Resources, cutting an estimated $11.2M.
- 83 institutional investors held China Telecom Corporation, LTD (CHA) as of Q1 2020, down from 85 in Q4 2019.
- Funds reported $124M of China Telecom Corporation, LTD stock for Q1 2020, down 20% quarter-over-quarter.
- 16 funds opened new China Telecom Corporation, LTD positions in Q1 2020 and 15 closed out, a net change of +1 holder.
- The largest China Telecom Corporation, LTD buyer in Q1 2020 was Renaissance Technologies, an estimated $10.1M added.
- The largest China Telecom Corporation, LTD seller in Q1 2020 was Franklin Resources, an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2020.