Level 3 Communications Inc
LVLT
LVLT was delisted on the 31st of October, 2017.
452 hedge funds and large institutions have $19.6B invested in Level 3 Communications Inc in 2015 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 201 increasing their positions, 124 reducing their positions, and 43 closing their positions.
64% more call options, than puts
Call options by funds: $63.7M | Put options by funds: $38.7M
62% more repeat investments, than reductions
Existing positions increased: 201 | Existing positions reduced: 124
40% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 43
4% more funds holding in top 10
Funds holding in top 10: 25 → 26 (+1)
3% more funds holding
Funds holding: 437 → 452 (+15)
2% less capital invested
Capital invested by funds: $20B → $19.6B (-$370M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$79.9M |
| 2 |
Millennium Management
New York
|
+$79.2M |
| 3 |
EA
Euclid Advisors
Hartford,
Connecticut
|
+$73M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$71.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$184M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$75.4M |
| 3 |
SFM
Soros Fund Management
New York
|
-$75M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$59.8M |
| 5 |
CM
Corvex Management
New York
|
-$58.3M |
LVLT Hedge Fund Activity: Q2 2015 in Review
452 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Level 3 Communications Inc (LVLT) for Q2 2015, worth a combined $19.6B — down 1.9% from $20B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new LVLT positions and 43 closed out — a net gain of 17 holders — while 201 added to existing stakes and 124 trimmed.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $79.9M. The largest seller was Southeastern Asset Management, cutting an estimated $184M.
- 452 institutional investors held Level 3 Communications Inc (LVLT) as of Q2 2015, up from 437 in Q1 2015.
- Funds reported $19.6B of Level 3 Communications Inc stock for Q2 2015, down 1.9% quarter-over-quarter.
- 60 funds opened new Level 3 Communications Inc positions in Q2 2015 and 43 closed out, a net change of +17 holders.
- The largest Level 3 Communications Inc buyer in Q2 2015 was Jericho Capital Asset Management, an estimated $79.9M added.
- The largest Level 3 Communications Inc seller in Q2 2015 was Southeastern Asset Management, an estimated $184M sold.
Based on aggregated 13F filings for Q2 2015.