Level 3 Communications Inc
LVLT
LVLT was delisted on the 31st of October, 2017.
493 hedge funds and large institutions have $17.6B invested in Level 3 Communications Inc in 2016 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 207 increasing their positions, 158 reducing their positions, and 39 closing their positions.
38% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 39
31% more repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 158
2% more funds holding
Funds holding: 481 → 493 (+12)
9% less capital invested
Capital invested by funds: $19.3B → $17.6B (-$1.77B)
23% less funds holding in top 10
Funds holding in top 10: 35 → 27 (-8)
25% less call options, than puts
Call options by funds: $46.4M | Put options by funds: $62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$288M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$235M |
| 3 |
Goldman Sachs
New York
|
+$200M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$126M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$75.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
-$144M |
| 2 |
IIM
Ivory Investment Management
New York
|
-$134M |
| 3 |
HCM
Hitchwood Capital Management
New York
|
-$124M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$108M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$104M |
LVLT Hedge Fund Activity: Q3 2016 in Review
493 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Level 3 Communications Inc (LVLT) for Q3 2016, worth a combined $17.6B — down 9.1% from $19.3B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new LVLT positions and 39 closed out — a net gain of 15 holders — while 207 added to existing stakes and 158 trimmed.
The largest buyer was Fiduciary Management Inc, opening a new position worth an estimated $288M. The largest seller was Steadfast Capital Management, cutting an estimated $144M.
- 493 institutional investors held Level 3 Communications Inc (LVLT) as of Q3 2016, up from 481 in Q2 2016.
- Funds reported $17.6B of Level 3 Communications Inc stock for Q3 2016, down 9.1% quarter-over-quarter.
- 54 funds opened new Level 3 Communications Inc positions in Q3 2016 and 39 closed out, a net change of +15 holders.
- The largest Level 3 Communications Inc buyer in Q3 2016 was Fiduciary Management Inc, an estimated $288M added.
- The largest Level 3 Communications Inc seller in Q3 2016 was Steadfast Capital Management, an estimated $144M sold.
Based on aggregated 13F filings for Q3 2016.