China Telecom Corporation, LTD
CHA
CHA was delisted on the 8th of January, 2021.
68 hedge funds and large institutions have $68.2M invested in China Telecom Corporation, LTD in 2020 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 11 increasing their positions, 24 reducing their positions, and 22 closing their positions.
5% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 22
3% less funds holding
Funds holding: 70 → 68 (-2)
28% less capital invested
Capital invested by funds: $95.4M → $68.2M (-$27.1M)
54% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGH
Crossmark Global Holdings
Houston,
Texas
|
+$5.61M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$4.32M |
| 3 |
Jane Street
New York
|
+$1.36M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.35M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$974K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$13.3M |
| 2 |
Renaissance Technologies
New York
|
-$6.08M |
| 3 |
AG
Aperio Group
Sausalito,
California
|
-$2.9M |
| 4 |
Two Sigma Advisers
New York
|
-$2.71M |
| 5 |
Morgan Stanley
New York
|
-$2.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Envestnet Asset Management
Chicago,
Illinois
| – | -$348K | -11,598 | Closed |
|
|
TI
77
Trexquant Investment
Stamford,
Connecticut
| – | -$225K | -7,508 | Closed |
|
|
BOPW
78
Brandywine Oak Private Wealth
Kennett Square,
Pennsylvania
| – | -$216K | -7,198 | Closed |
|
79
Comerica Bank
Dallas,
Texas
| – | -$234K | -7,127 | Closed |
|
80
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$192K | -6,400 | Closed |
|
|
FFA
81
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$19K | -620 | Closed |
|
|
TRCT
82
Tower Research Capital (TRC)
New York
| – | -$5K | -172 | Closed |
|
|
LWM
83
Liberty Wealth Management
Oakland,
California
| – | -$4K | -146 | Closed |
|
|
GT
84
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$2K | -94 | Closed |
|
85
BlackRock
New York
| – | -$3K | -93 | Closed |
|
|
GRP
86
Global Retirement Partners
San Rafael,
California
| – | -$1K | -40 | Closed |
|
|
FGAM
87
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$153 | +5 | New |
|
CHA Hedge Fund Activity: Q4 2020 in Review
68 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in China Telecom Corporation, LTD (CHA) for Q4 2020, worth a combined $68.2M — down 28% from $95.4M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of CHA and 21 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 11 added.
The largest buyer was Crossmark Global Holdings, opening a new position worth an estimated $5.61M. The largest seller was Bank of America, cutting an estimated $13.3M.
- 68 institutional investors held China Telecom Corporation, LTD (CHA) as of Q4 2020, down from 70 in Q3 2020.
- Funds reported $68.2M of China Telecom Corporation, LTD stock for Q4 2020, down 28% quarter-over-quarter.
- 21 funds opened new China Telecom Corporation, LTD positions in Q4 2020 and 22 closed out, a net change of -1 holder.
- The largest China Telecom Corporation, LTD buyer in Q4 2020 was Crossmark Global Holdings, an estimated $5.61M added.
- The largest China Telecom Corporation, LTD seller in Q4 2020 was Bank of America, an estimated $13.3M sold.
Based on aggregated 13F filings for Q4 2020.