Lumen
LUMN
625 hedge funds and large institutions have $8.51B invested in Lumen in 2017 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 234 increasing their positions, 236 reducing their positions, and 84 closing their positions.
1% less repeat investments, than reductions
Existing positions increased: 234 | Existing positions reduced: 236
1.73% less ownership
Funds ownership: 83.61% → 81.88% (-1.7%)
5% less funds holding
Funds holding: 658 → 625 (-33)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
22% less capital invested
Capital invested by funds: $11B → $8.51B (-$2.46B)
27% less call options, than puts
Call options by funds: $205M | Put options by funds: $281M
31% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
+$60M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$56.9M |
| 3 |
Morgan Stanley
New York
|
+$56.4M |
| 4 |
CI
Cowen Inc
New York
|
+$39.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$31.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$142M |
| 2 |
Bank of New York Mellon
New York
|
-$93.8M |
| 3 |
SC
Samlyn Capital
New York
|
-$80.3M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$68.2M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$60.6M |
LUMN Hedge Fund Activity: Q3 2017 in Review
625 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Lumen (LUMN) for Q3 2017, worth a combined $8.51B — down 22% from $11B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of LUMN and 58 opened new positions — a net loss of 26 holders — while 236 trimmed existing stakes and 234 added.
The largest buyer was Corvex Management, adding an estimated $60M. The largest seller was Capital World Investors, exiting entirely with an estimated $142M sold.
- 625 institutional investors held Lumen (LUMN) as of Q3 2017, down from 658 in Q2 2017.
- Funds reported $8.51B of Lumen stock for Q3 2017, down 22% quarter-over-quarter.
- 58 funds opened new Lumen positions in Q3 2017 and 84 closed out, a net change of -26 holders.
- The largest Lumen buyer in Q3 2017 was Corvex Management, an estimated $60M added.
- The largest Lumen seller in Q3 2017 was Capital World Investors, an estimated $142M sold.
Based on aggregated 13F filings for Q3 2017.