China Telecom Corporation, LTD
CHA
CHA was delisted on the 8th of January, 2021.
77 hedge funds and large institutions have $95.2M invested in China Telecom Corporation, LTD in 2020 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 19 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
7% less funds holding
Funds holding: 83 → 77 (-6)
23% less capital invested
Capital invested by funds: $124M → $95.2M (-$28.4M)
26% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$5.13M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.8M |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
+$2.41M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$1.63M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$26.4M |
| 2 |
AG
Aperio Group
Sausalito,
California
|
-$3.01M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.57M |
| 4 |
Jane Street
New York
|
-$1.97M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.47M |
CHA Hedge Fund Activity: Q2 2020 in Review
77 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in China Telecom Corporation, LTD (CHA) for Q2 2020, worth a combined $95.2M — down 23% from $124M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of CHA and 14 opened new positions — a net loss of 5 holders — while 21 trimmed existing stakes and 26 added.
The largest buyer was Renaissance Technologies, adding an estimated $5.13M. The largest seller was Franklin Resources, exiting entirely with an estimated $26.4M sold.
- 77 institutional investors held China Telecom Corporation, LTD (CHA) as of Q2 2020, down from 83 in Q1 2020.
- Funds reported $95.2M of China Telecom Corporation, LTD stock for Q2 2020, down 23% quarter-over-quarter.
- 14 funds opened new China Telecom Corporation, LTD positions in Q2 2020 and 19 closed out, a net change of -5 holders.
- The largest China Telecom Corporation, LTD buyer in Q2 2020 was Renaissance Technologies, an estimated $5.13M added.
- The largest China Telecom Corporation, LTD seller in Q2 2020 was Franklin Resources, an estimated $26.4M sold.
Based on aggregated 13F filings for Q2 2020.