Level 3 Communications Inc
LVLT
LVLT was delisted on the 31st of October, 2017.
488 hedge funds and large institutions have $18.4B invested in Level 3 Communications Inc in 2017 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 186 increasing their positions, 174 reducing their positions, and 57 closing their positions.
375% more call options, than puts
Call options by funds: $142M | Put options by funds: $29.9M
3% more funds holding in top 10
Funds holding in top 10: 39 → 40 (+1)
7% more repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 174
5% less funds holding
Funds holding: 512 → 488 (-24)
14% less capital invested
Capital invested by funds: $21.3B → $18.4B (-$2.92B)
25% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1B |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$179M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$141M |
| 4 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$128M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$113M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
STT
Singapore Technologies Telemedia
Singapore
|
-$3.67B |
| 2 |
BC
Brahman Capital
New York
|
-$223M |
| 3 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$186M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$116M |
| 5 |
Neuberger Berman Group
New York
|
-$113M |
LVLT Hedge Fund Activity: Q1 2017 in Review
488 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Level 3 Communications Inc (LVLT) for Q1 2017, worth a combined $18.4B — down 14% from $21.3B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of LVLT and 43 opened new positions — a net loss of 14 holders — while 174 trimmed existing stakes and 186 added.
The largest buyer was BlackRock, adding an estimated $1B. The largest seller was Singapore Technologies Telemedia, exiting entirely with an estimated $3.67B sold.
- 488 institutional investors held Level 3 Communications Inc (LVLT) as of Q1 2017, down from 512 in Q4 2016.
- Funds reported $18.4B of Level 3 Communications Inc stock for Q1 2017, down 14% quarter-over-quarter.
- 43 funds opened new Level 3 Communications Inc positions in Q1 2017 and 57 closed out, a net change of -14 holders.
- The largest Level 3 Communications Inc buyer in Q1 2017 was BlackRock, an estimated $1B added.
- The largest Level 3 Communications Inc seller in Q1 2017 was Singapore Technologies Telemedia, an estimated $3.67B sold.
Based on aggregated 13F filings for Q1 2017.