Level 3 Communications Inc
LVLT
LVLT was delisted on the 31st of October, 2017.
427 hedge funds and large institutions have $17.8B invested in Level 3 Communications Inc in 2015 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 170 increasing their positions, 154 reducing their positions, and 60 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 154
6% less funds holding
Funds holding: 452 → 427 (-25)
10% less capital invested
Capital invested by funds: $19.6B → $17.8B (-$1.87B)
12% less funds holding in top 10
Funds holding in top 10: 26 → 23 (-3)
33% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 60
42% less call options, than puts
Call options by funds: $25.8M | Put options by funds: $44.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$111M |
| 2 |
IIM
Ivory Investment Management
New York
|
+$101M |
| 3 |
CCM
Criterion Capital Management
San Francisco,
California
|
+$81.3M |
| 4 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$68.6M |
| 5 |
CG
Carmignac Gestion
Paris,
France
|
+$61.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$112M |
| 2 |
FAM
Fred Alger Management
New York
|
-$99.4M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$85M |
| 4 |
JCAM
Jericho Capital Asset Management
New York
|
-$76.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$74.3M |
LVLT Hedge Fund Activity: Q3 2015 in Review
427 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Level 3 Communications Inc (LVLT) for Q3 2015, worth a combined $17.8B — down 9.5% from $19.6B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of LVLT and 40 opened new positions — a net loss of 20 holders — while 154 trimmed existing stakes and 170 added.
The largest buyer was Citadel Advisors, adding an estimated $111M. The largest seller was Renaissance Technologies, cutting an estimated $112M.
- 427 institutional investors held Level 3 Communications Inc (LVLT) as of Q3 2015, down from 452 in Q2 2015.
- Funds reported $17.8B of Level 3 Communications Inc stock for Q3 2015, down 9.5% quarter-over-quarter.
- 40 funds opened new Level 3 Communications Inc positions in Q3 2015 and 60 closed out, a net change of -20 holders.
- The largest Level 3 Communications Inc buyer in Q3 2015 was Citadel Advisors, an estimated $111M added.
- The largest Level 3 Communications Inc seller in Q3 2015 was Renaissance Technologies, an estimated $112M sold.
Based on aggregated 13F filings for Q3 2015.