Level 3 Communications Inc
LVLT
LVLT was delisted on the 31st of October, 2017.
512 hedge funds and large institutions have $21.3B invested in Level 3 Communications Inc in 2016 Q4 according to their latest regulatory filings, with 109 funds opening new positions, 156 increasing their positions, 187 reducing their positions, and 81 closing their positions.
143% more call options, than puts
Call options by funds: $139M | Put options by funds: $57M
44% more funds holding in top 10
Funds holding in top 10: 27 → 39 (+12)
35% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 81
21% more capital invested
Capital invested by funds: $17.6B → $21.3B (+$3.75B)
4% more funds holding
Funds holding: 493 → 512 (+19)
17% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 187
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$454M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$207M |
| 3 |
YCMGA
York Capital Management Global Advisors
New York
|
+$195M |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$177M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
+$154M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
-$354M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
-$259M |
| 3 |
Goldman Sachs
New York
|
-$156M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$147M |
| 5 |
AAM
Amerigo Asset Management
George Town,
Cayman Islands
|
-$133M |
LVLT Hedge Fund Activity: Q4 2016 in Review
512 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Level 3 Communications Inc (LVLT) for Q4 2016, worth a combined $21.3B — up 21% from $17.6B a quarter earlier.
Buyers outnumbered sellers: 109 funds opened new LVLT positions and 81 closed out — a net gain of 28 holders — while 156 added to existing stakes and 187 trimmed.
The largest buyer was Pentwater Capital Management, opening a new position worth an estimated $454M. The largest seller was Carmignac Gestion, exiting entirely with an estimated $354M sold.
- 512 institutional investors held Level 3 Communications Inc (LVLT) as of Q4 2016, up from 493 in Q3 2016.
- Funds reported $21.3B of Level 3 Communications Inc stock for Q4 2016, up 21% quarter-over-quarter.
- 109 funds opened new Level 3 Communications Inc positions in Q4 2016 and 81 closed out, a net change of +28 holders.
- The largest Level 3 Communications Inc buyer in Q4 2016 was Pentwater Capital Management, an estimated $454M added.
- The largest Level 3 Communications Inc seller in Q4 2016 was Carmignac Gestion, an estimated $354M sold.
Based on aggregated 13F filings for Q4 2016.