Lumen
LUMN
706 hedge funds and large institutions have $9.51B invested in Lumen in 2019 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 274 increasing their positions, 241 reducing their positions, and 106 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 274 | Existing positions reduced: 241
3% less capital invested
Capital invested by funds: $9.82B → $9.51B (-$309M)
1.59% less ownership
Funds ownership: 75.81% → 74.22% (-1.6%)
6% less funds holding
Funds holding: 749 → 706 (-43)
19% less funds holding in top 10
Funds holding in top 10: 16 → 13 (-3)
26% less call options, than puts
Call options by funds: $176M | Put options by funds: $237M
33% less first-time investments, than exits
New positions opened: 71 | Existing positions closed: 106
Top Buyers
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$153M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$86M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$60M |
| 4 |
BlackRock
New York
|
+$51.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$51.1M |
Top Sellers
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$186M |
| 2 |
Millennium Management
New York
|
-$68.2M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$55.4M |
| 4 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$42.2M |
| 5 |
Goldman Sachs
New York
|
-$42.1M |
LUMN Hedge Fund Activity: Q2 2019 in Review
706 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Lumen (LUMN) for Q2 2019, worth a combined $9.51B — down 3.2% from $9.82B a quarter earlier.
Sellers outnumbered buyers: 106 funds closed out of LUMN and 71 opened new positions — a net loss of 35 holders — while 241 trimmed existing stakes and 274 added.
The largest buyer was First Trust Advisors, adding an estimated $153M. The largest seller was Fiduciary Management Inc, exiting entirely with an estimated $186M sold.
- 706 institutional investors held Lumen (LUMN) as of Q2 2019, down from 749 in Q1 2019.
- Funds reported $9.51B of Lumen stock for Q2 2019, down 3.2% quarter-over-quarter.
- 71 funds opened new Lumen positions in Q2 2019 and 106 closed out, a net change of -35 holders.
- The largest Lumen buyer in Q2 2019 was First Trust Advisors, an estimated $153M added.
- The largest Lumen seller in Q2 2019 was Fiduciary Management Inc, an estimated $186M sold.
Based on aggregated 13F filings for Q2 2019.