Lumen
LUMN
603 hedge funds and large institutions have $13.7B invested in Lumen in 2013 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 207 increasing their positions, 251 reducing their positions, and 60 closing their positions.
30% more call options, than puts
Call options by funds: $229M | Put options by funds: $177M
7% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 60
0.35% less ownership
Funds ownership: 72.74% → 72.38% (-0.35%)
0% less funds holding
Funds holding: 606 → 603 (-3)
13% less capital invested
Capital invested by funds: $15.7B → $13.7B (-$2.01B)
18% less repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 251
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$113M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$93.7M |
| 3 |
O
OppenheimerFunds
New York
|
+$82.7M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$46.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$204M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$94.2M |
| 3 |
Morgan Stanley
New York
|
-$91M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$68.8M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$62.2M |
LUMN Hedge Fund Activity: Q3 2013 in Review
603 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Lumen (LUMN) for Q3 2013, worth a combined $13.7B — down 13% from $15.7B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new LUMN positions and 60 closed out — a net gain of 4 holders — while 207 added to existing stakes and 251 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $113M. The largest seller was Franklin Resources, cutting an estimated $204M.
- 603 institutional investors held Lumen (LUMN) as of Q3 2013, down from 606 in Q2 2013.
- Funds reported $13.7B of Lumen stock for Q3 2013, down 13% quarter-over-quarter.
- 64 funds opened new Lumen positions in Q3 2013 and 60 closed out, a net change of +4 holders.
- The largest Lumen buyer in Q3 2013 was Lazard Asset Management, an estimated $113M added.
- The largest Lumen seller in Q3 2013 was Franklin Resources, an estimated $204M sold.
Based on aggregated 13F filings for Q3 2013.