INTELSAT S. A.
I
I was delisted on the 18th of May, 2020.
77 hedge funds and large institutions have $117M invested in INTELSAT S. A. in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 24 increasing their positions, 23 reducing their positions, and 28 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
4% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 23
13% less funds holding
Funds holding: 89 → 77 (-12)
41% less capital invested
Capital invested by funds: $197M → $117M (-$80.1M)
43% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 28
48% less call options, than puts
Call options by funds: $86K | Put options by funds: $165K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
+$7.06M |
| 2 |
WIM
Wingspan Investment Management
New York
|
+$6.02M |
| 3 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
+$5.65M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$3.46M |
| 5 |
PC
PointState Capital
New York
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.6M |
| 3 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
-$2.11M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.58M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$983K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Walleye Trading
New York
| – | -$33K | -7,907 | Closed |
|
102
BNP Paribas Financial Markets
Paris,
France
| – | -$30.9K | -7,420 | Closed |
|
|
TRCT
103
Tower Research Capital (TRC)
New York
| – | -$1.25K | -444 | -85% |
|
104
Group One Trading
Chicago,
Illinois
| – | +$375 | +133 | New |
|
I Hedge Fund Activity: Q1 2016 in Review
77 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in INTELSAT S. A. (I) for Q1 2016, worth a combined $117M — down 41% from $197M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of I and 16 opened new positions — a net loss of 12 holders — while 23 trimmed existing stakes and 24 added.
The largest buyer was Scopia Capital Management, opening a new position worth an estimated $7.06M. The largest seller was Fidelity Investments, cutting an estimated $20.6M.
- 77 institutional investors held INTELSAT S. A. (I) as of Q1 2016, down from 89 in Q4 2015.
- Funds reported $117M of INTELSAT S. A. stock for Q1 2016, down 41% quarter-over-quarter.
- 16 funds opened new INTELSAT S. A. positions in Q1 2016 and 28 closed out, a net change of -12 holders.
- The largest INTELSAT S. A. buyer in Q1 2016 was Scopia Capital Management, an estimated $7.06M added.
- The largest INTELSAT S. A. seller in Q1 2016 was Fidelity Investments, an estimated $20.6M sold.
Based on aggregated 13F filings for Q1 2016.