Level 3 Communications Inc
LVLT
LVLT was delisted on the 31st of October, 2017.
271 hedge funds and large institutions have $8.59B invested in Level 3 Communications Inc in 2013 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 71 increasing their positions, 92 reducing their positions, and 26 closing their positions.
138% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 26
31% more call options, than puts
Call options by funds: $79.9M | Put options by funds: $60.8M
30% more capital invested
Capital invested by funds: $6.62B → $8.59B (+$1.97B)
21% more funds holding in top 10
Funds holding in top 10: 14 → 17 (+3)
15% more funds holding
Funds holding: 236 → 271 (+35)
23% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Slate Path Capital
New York
|
+$88.6M |
| 2 |
D.E. Shaw & Co
New York
|
+$33.2M |
| 3 |
TAA
Turiya Advisors Asia
Hong Kong
|
+$33.2M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$29.8M |
| 5 |
Lazard Asset Management
New York
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$73.3M |
| 2 |
CC
Coastland Capital
Palo Alto,
California
|
-$24.9M |
| 3 |
CCM
Criterion Capital Management
San Francisco,
California
|
-$12.5M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$11M |
| 5 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$10.8M |
LVLT Hedge Fund Activity: Q4 2013 in Review
271 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Level 3 Communications Inc (LVLT) for Q4 2013, worth a combined $8.59B — up 30% from $6.62B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new LVLT positions and 26 closed out — a net gain of 36 holders — while 71 added to existing stakes and 92 trimmed.
The largest buyer was Slate Path Capital, opening a new position worth an estimated $88.6M. The largest seller was Fidelity Investments, cutting an estimated $73.3M.
- 271 institutional investors held Level 3 Communications Inc (LVLT) as of Q4 2013, up from 236 in Q3 2013.
- Funds reported $8.59B of Level 3 Communications Inc stock for Q4 2013, up 30% quarter-over-quarter.
- 62 funds opened new Level 3 Communications Inc positions in Q4 2013 and 26 closed out, a net change of +36 holders.
- The largest Level 3 Communications Inc buyer in Q4 2013 was Slate Path Capital, an estimated $88.6M added.
- The largest Level 3 Communications Inc seller in Q4 2013 was Fidelity Investments, an estimated $73.3M sold.
Based on aggregated 13F filings for Q4 2013.