GCI Liberty, Inc. Class A-1 Common Stock
GNCMA
GNCMA was delisted on the 8th of March, 2018.
134 hedge funds and large institutions have $971M invested in GCI Liberty, Inc. Class A-1 Common Stock in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 41 increasing their positions, 54 reducing their positions, and 14 closing their positions.
240% more call options, than puts
Call options by funds: $2.57M | Put options by funds: $755K
13% more capital invested
Capital invested by funds: $863M → $971M (+$108M)
4% less funds holding
Funds holding: 140 → 134 (-6)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
24% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 54
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$41M |
| 2 |
WIC
Water Island Capital
New York
|
+$9.53M |
| 3 |
SAM
Sandell Asset Management
New York
|
+$9.48M |
| 4 |
TAM
Tocqueville Asset Management
New York
|
+$8.81M |
| 5 |
MDSL
M.D. Sass LLC
New York
|
+$7.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$12.8M |
| 2 |
RCM
Ratan Capital Management
Miami Beach,
Florida
|
-$12.2M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$8.76M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$8.24M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.88M |
GNCMA Hedge Fund Activity: Q3 2017 in Review
134 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in GCI Liberty, Inc. Class A-1 Common Stock (GNCMA) for Q3 2017, worth a combined $971M — up 13% from $863M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of GNCMA and 11 opened new positions — a net loss of 3 holders — while 54 trimmed existing stakes and 41 added.
The largest buyer was Farallon Capital Management, adding an estimated $41M. The largest seller was Millennium Management, cutting an estimated $12.8M.
- 134 institutional investors held GCI Liberty, Inc. Class A-1 Common Stock (GNCMA) as of Q3 2017, down from 140 in Q2 2017.
- Funds reported $971M of GCI Liberty, Inc. Class A-1 Common Stock stock for Q3 2017, up 13% quarter-over-quarter.
- 11 funds opened new GCI Liberty, Inc. Class A-1 Common Stock positions in Q3 2017 and 14 closed out, a net change of -3 holders.
- The largest GCI Liberty, Inc. Class A-1 Common Stock buyer in Q3 2017 was Farallon Capital Management, an estimated $41M added.
- The largest GCI Liberty, Inc. Class A-1 Common Stock seller in Q3 2017 was Millennium Management, an estimated $12.8M sold.
Based on aggregated 13F filings for Q3 2017.