Lumen
LUMN
637 hedge funds and large institutions have $11.2B invested in Lumen in 2016 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 257 increasing their positions, 208 reducing their positions, and 52 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 208
12% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 52
1.22% more ownership
Funds ownership: 74.04% → 75.26% (+1.2%)
4% less capital invested
Capital invested by funds: $11.7B → $11.2B (-$506M)
1% less funds holding
Funds holding: 644 → 637 (-7)
27% less call options, than puts
Call options by funds: $190M | Put options by funds: $258M
56% less funds holding in top 10
Funds holding in top 10: 9 → 4 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$111M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$104M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$57.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$28.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$68M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$63.4M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$41.8M |
| 4 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$37.3M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$36.8M |
LUMN Hedge Fund Activity: Q3 2016 in Review
637 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Lumen (LUMN) for Q3 2016, worth a combined $11.2B — down 4.3% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new LUMN positions and 52 closed out — a net gain of 6 holders — while 257 added to existing stakes and 208 trimmed.
The largest buyer was Ameriprise, adding an estimated $111M. The largest seller was Jupiter Investment Management, cutting an estimated $68M.
- 637 institutional investors held Lumen (LUMN) as of Q3 2016, down from 644 in Q2 2016.
- Funds reported $11.2B of Lumen stock for Q3 2016, down 4.3% quarter-over-quarter.
- 58 funds opened new Lumen positions in Q3 2016 and 52 closed out, a net change of +6 holders.
- The largest Lumen buyer in Q3 2016 was Ameriprise, an estimated $111M added.
- The largest Lumen seller in Q3 2016 was Jupiter Investment Management, an estimated $68M sold.
Based on aggregated 13F filings for Q3 2016.