Level 3 Communications Inc
LVLT
LVLT was delisted on the 31st of October, 2017.
236 hedge funds and large institutions have $6.62B invested in Level 3 Communications Inc in 2013 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 69 increasing their positions, 80 reducing their positions, and 14 closing their positions.
261% more call options, than puts
Call options by funds: $65.6M | Put options by funds: $18.2M
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
26% more capital invested
Capital invested by funds: $5.27B → $6.62B (+$1.35B)
6% more funds holding
Funds holding: 223 → 236 (+13)
14% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
+$62.1M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$28.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.9M |
| 4 |
CC
Coastland Capital
Palo Alto,
California
|
+$24.8M |
| 5 |
Morgan Stanley
New York
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFH
Fairfax Financial Holdings
Toronto,
Ontario, Canada
|
-$255M |
| 2 |
SP
Steelhead Partners
Seattle,
Washington
|
-$25.2M |
| 3 |
HT
HAP Trading
New York
|
-$16.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.9M |
| 5 |
JG
Jefferies Group
New York
|
-$5.13M |
LVLT Hedge Fund Activity: Q3 2013 in Review
236 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Level 3 Communications Inc (LVLT) for Q3 2013, worth a combined $6.62B — up 26% from $5.27B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new LVLT positions and 14 closed out — a net gain of 15 holders — while 69 added to existing stakes and 80 trimmed.
The largest buyer was Corvex Management, adding an estimated $62.1M. The largest seller was Fairfax Financial Holdings, exiting entirely with an estimated $255M sold.
- 236 institutional investors held Level 3 Communications Inc (LVLT) as of Q3 2013, up from 223 in Q2 2013.
- Funds reported $6.62B of Level 3 Communications Inc stock for Q3 2013, up 26% quarter-over-quarter.
- 29 funds opened new Level 3 Communications Inc positions in Q3 2013 and 14 closed out, a net change of +15 holders.
- The largest Level 3 Communications Inc buyer in Q3 2013 was Corvex Management, an estimated $62.1M added.
- The largest Level 3 Communications Inc seller in Q3 2013 was Fairfax Financial Holdings, an estimated $255M sold.
Based on aggregated 13F filings for Q3 2013.