Level 3 Communications Inc
LVLT
LVLT was delisted on the 31st of October, 2017.
319 hedge funds and large institutions have $12.8B invested in Level 3 Communications Inc in 2014 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 125 increasing their positions, 99 reducing their positions, and 38 closing their positions.
36% more call options, than puts
Call options by funds: $93.2M | Put options by funds: $68.5M
26% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 99
7% more capital invested
Capital invested by funds: $12B → $12.8B (+$797M)
5% more funds holding in top 10
Funds holding in top 10: 22 → 23 (+1)
3% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 38
2% less funds holding
Funds holding: 324 → 319 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Soros Fund Management
New York
|
+$162M |
| 2 |
Coatue Management
New York
|
+$139M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$121M |
| 4 |
FAM
Fred Alger Management
New York
|
+$62.7M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$41.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
-$91.1M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$90.8M |
| 3 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$74.1M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$53.2M |
| 5 |
D.E. Shaw & Co
New York
|
-$52.7M |
LVLT Hedge Fund Activity: Q3 2014 in Review
319 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Level 3 Communications Inc (LVLT) for Q3 2014, worth a combined $12.8B — up 6.6% from $12B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of LVLT and 37 opened new positions — a net loss of 1 holder — while 99 trimmed existing stakes and 125 added.
The largest buyer was Soros Fund Management, adding an estimated $162M. The largest seller was Corvex Management, exiting entirely with an estimated $91.1M sold.
- 319 institutional investors held Level 3 Communications Inc (LVLT) as of Q3 2014, down from 324 in Q2 2014.
- Funds reported $12.8B of Level 3 Communications Inc stock for Q3 2014, up 6.6% quarter-over-quarter.
- 37 funds opened new Level 3 Communications Inc positions in Q3 2014 and 38 closed out, a net change of -1 holder.
- The largest Level 3 Communications Inc buyer in Q3 2014 was Soros Fund Management, an estimated $162M added.
- The largest Level 3 Communications Inc seller in Q3 2014 was Corvex Management, an estimated $91.1M sold.
Based on aggregated 13F filings for Q3 2014.