Level 3 Communications Inc
LVLT
LVLT was delisted on the 31st of October, 2017.
324 hedge funds and large institutions have $12B invested in Level 3 Communications Inc in 2014 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 137 increasing their positions, 79 reducing their positions, and 27 closing their positions.
74% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 27
73% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 79
33% more call options, than puts
Call options by funds: $95.2M | Put options by funds: $71.4M
22% more funds holding in top 10
Funds holding in top 10: 18 → 22 (+4)
17% more capital invested
Capital invested by funds: $10.3B → $12B (+$1.76B)
7% more funds holding
Funds holding: 304 → 324 (+20)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$131M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$78.4M |
| 3 |
SFM
Soros Fund Management
New York
|
+$75M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$73.6M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$56.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
-$141M |
| 2 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$72.7M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$43.2M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$35.1M |
| 5 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$33.1M |
LVLT Hedge Fund Activity: Q2 2014 in Review
324 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Level 3 Communications Inc (LVLT) for Q2 2014, worth a combined $12B — up 17% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new LVLT positions and 27 closed out — a net gain of 20 holders — while 137 added to existing stakes and 79 trimmed.
The largest buyer was Systematic Financial Management, adding an estimated $131M. The largest seller was Corvex Management, cutting an estimated $141M.
- 324 institutional investors held Level 3 Communications Inc (LVLT) as of Q2 2014, up from 304 in Q1 2014.
- Funds reported $12B of Level 3 Communications Inc stock for Q2 2014, up 17% quarter-over-quarter.
- 47 funds opened new Level 3 Communications Inc positions in Q2 2014 and 27 closed out, a net change of +20 holders.
- The largest Level 3 Communications Inc buyer in Q2 2014 was Systematic Financial Management, an estimated $131M added.
- The largest Level 3 Communications Inc seller in Q2 2014 was Corvex Management, an estimated $141M sold.
Based on aggregated 13F filings for Q2 2014.