Level 3 Communications Inc
LVLT
LVLT was delisted on the 31st of October, 2017.
304 hedge funds and large institutions have $10.3B invested in Level 3 Communications Inc in 2014 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 105 increasing their positions, 81 reducing their positions, and 28 closing their positions.
125% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 28
30% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 81
20% more capital invested
Capital invested by funds: $8.59B → $10.3B (+$1.69B)
12% more call options, than puts
Call options by funds: $73.1M | Put options by funds: $65.1M
12% more funds holding
Funds holding: 271 → 304 (+33)
6% more funds holding in top 10
Funds holding in top 10: 17 → 18 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
+$229M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$96.1M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$33.1M |
| 4 |
Bank of New York Mellon
New York
|
+$21.8M |
| 5 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Slate Path Capital
New York
|
-$99.7M |
| 2 |
CM
Corvex Management
New York
|
-$89.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$76.8M |
| 4 |
RCM
Roystone Capital Management
New York
|
-$43.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$36M |
LVLT Hedge Fund Activity: Q1 2014 in Review
304 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Level 3 Communications Inc (LVLT) for Q1 2014, worth a combined $10.3B — up 20% from $8.59B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new LVLT positions and 28 closed out — a net gain of 35 holders — while 105 added to existing stakes and 81 trimmed.
The largest buyer was Steadfast Capital Management, adding an estimated $229M. The largest seller was Slate Path Capital, exiting entirely with an estimated $99.7M sold.
- 304 institutional investors held Level 3 Communications Inc (LVLT) as of Q1 2014, up from 271 in Q4 2013.
- Funds reported $10.3B of Level 3 Communications Inc stock for Q1 2014, up 20% quarter-over-quarter.
- 63 funds opened new Level 3 Communications Inc positions in Q1 2014 and 28 closed out, a net change of +35 holders.
- The largest Level 3 Communications Inc buyer in Q1 2014 was Steadfast Capital Management, an estimated $229M added.
- The largest Level 3 Communications Inc seller in Q1 2014 was Slate Path Capital, an estimated $99.7M sold.
Based on aggregated 13F filings for Q1 2014.