Level 3 Communications Inc
LVLT
LVLT was delisted on the 31st of October, 2017.
481 hedge funds and large institutions have $19.3B invested in Level 3 Communications Inc in 2016 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 194 increasing their positions, 163 reducing their positions, and 45 closing their positions.
21% more funds holding in top 10
Funds holding in top 10: 29 → 35 (+6)
19% more repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 163
9% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 45
1% less funds holding
Funds holding: 484 → 481 (-3)
3% less capital invested
Capital invested by funds: $19.9B → $19.3B (-$511M)
22% less call options, than puts
Call options by funds: $39M | Put options by funds: $50.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brahman Capital
New York
|
+$245M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$56.4M |
| 3 |
Goldman Sachs
New York
|
+$55.4M |
| 4 |
CG
Carmignac Gestion
Paris,
France
|
+$50.7M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$191M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$111M |
| 3 |
JCAM
Jericho Capital Asset Management
New York
|
-$108M |
| 4 |
Millennium Management
New York
|
-$107M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$89.5M |
LVLT Hedge Fund Activity: Q2 2016 in Review
481 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Level 3 Communications Inc (LVLT) for Q2 2016, worth a combined $19.3B — down 2.6% from $19.9B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new LVLT positions and 45 closed out — a net gain of 4 holders — while 194 added to existing stakes and 163 trimmed.
The largest buyer was Brahman Capital, opening a new position worth an estimated $245M. The largest seller was Royal London Asset Management, cutting an estimated $191M.
- 481 institutional investors held Level 3 Communications Inc (LVLT) as of Q2 2016, down from 484 in Q1 2016.
- Funds reported $19.3B of Level 3 Communications Inc stock for Q2 2016, down 2.6% quarter-over-quarter.
- 49 funds opened new Level 3 Communications Inc positions in Q2 2016 and 45 closed out, a net change of +4 holders.
- The largest Level 3 Communications Inc buyer in Q2 2016 was Brahman Capital, an estimated $245M added.
- The largest Level 3 Communications Inc seller in Q2 2016 was Royal London Asset Management, an estimated $191M sold.
Based on aggregated 13F filings for Q2 2016.