Level 3 Communications Inc
LVLT
LVLT was delisted on the 31st of October, 2017.
462 hedge funds and large institutions have $20.6B invested in Level 3 Communications Inc in 2017 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 179 increasing their positions, 156 reducing their positions, and 50 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 156
6% less funds holding
Funds holding: 489 → 462 (-27)
10% less capital invested
Capital invested by funds: $23B → $20.6B (-$2.32B)
13% less call options, than puts
Call options by funds: $58.5M | Put options by funds: $67.6M
17% less funds holding in top 10
Funds holding in top 10: 46 → 38 (-8)
40% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$205M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
+$200M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$112M |
| 4 |
Barclays
London,
United Kingdom
|
+$104M |
| 5 |
Morgan Stanley
New York
|
+$94.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$303M |
| 2 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$151M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$136M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$77.8M |
| 5 |
N
Natixis
Paris,
France
|
-$73.4M |
LVLT Hedge Fund Activity: Q3 2017 in Review
462 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Level 3 Communications Inc (LVLT) for Q3 2017, worth a combined $20.6B — down 10% from $23B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of LVLT and 30 opened new positions — a net loss of 20 holders — while 156 trimmed existing stakes and 179 added.
The largest buyer was Bank of America, adding an estimated $205M. The largest seller was Pine River Capital Management, exiting entirely with an estimated $303M sold.
- 462 institutional investors held Level 3 Communications Inc (LVLT) as of Q3 2017, down from 489 in Q2 2017.
- Funds reported $20.6B of Level 3 Communications Inc stock for Q3 2017, down 10% quarter-over-quarter.
- 30 funds opened new Level 3 Communications Inc positions in Q3 2017 and 50 closed out, a net change of -20 holders.
- The largest Level 3 Communications Inc buyer in Q3 2017 was Bank of America, an estimated $205M added.
- The largest Level 3 Communications Inc seller in Q3 2017 was Pine River Capital Management, an estimated $303M sold.
Based on aggregated 13F filings for Q3 2017.