Lumen
LUMN
762 hedge funds and large institutions have $17.5B invested in Lumen in 2018 Q3 according to their latest regulatory filings, with 98 funds opening new positions, 289 increasing their positions, 256 reducing their positions, and 62 closing their positions.
58% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 62
13% more repeat investments, than reductions
Existing positions increased: 289 | Existing positions reduced: 256
11% more capital invested
Capital invested by funds: $15.7B → $17.5B (+$1.71B)
4% more funds holding
Funds holding: 730 → 762 (+32)
2.05% less ownership
Funds ownership: 78.3% → 76.24% (-2.1%)
22% less funds holding in top 10
Funds holding in top 10: 27 → 21 (-6)
51% less call options, than puts
Call options by funds: $218M | Put options by funds: $447M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$77.4M |
| 2 |
JP Morgan Chase
New York
|
+$67.5M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$26.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$24.3M |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$288M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$84.7M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$68.9M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$60.8M |
| 5 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$57.7M |
LUMN Hedge Fund Activity: Q3 2018 in Review
762 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Lumen (LUMN) for Q3 2018, worth a combined $17.5B — up 11% from $15.7B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new LUMN positions and 62 closed out — a net gain of 36 holders — while 289 added to existing stakes and 256 trimmed.
The largest buyer was Millennium Management, adding an estimated $77.4M. The largest seller was Capital Research Global Investors, cutting an estimated $288M.
- 762 institutional investors held Lumen (LUMN) as of Q3 2018, up from 730 in Q2 2018.
- Funds reported $17.5B of Lumen stock for Q3 2018, up 11% quarter-over-quarter.
- 98 funds opened new Lumen positions in Q3 2018 and 62 closed out, a net change of +36 holders.
- The largest Lumen buyer in Q3 2018 was Millennium Management, an estimated $77.4M added.
- The largest Lumen seller in Q3 2018 was Capital Research Global Investors, an estimated $288M sold.
Based on aggregated 13F filings for Q3 2018.