Level 3 Communications Inc
LVLT
LVLT was delisted on the 31st of October, 2017.
437 hedge funds and large institutions have $20B invested in Level 3 Communications Inc in 2015 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 179 increasing their positions, 138 reducing their positions, and 38 closing their positions.
68% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 38
66% more call options, than puts
Call options by funds: $57.9M | Put options by funds: $34.8M
30% more repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 138
13% more capital invested
Capital invested by funds: $17.7B → $20B (+$2.26B)
5% more funds holding
Funds holding: 416 → 437 (+21)
11% less funds holding in top 10
Funds holding in top 10: 28 → 25 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
STT
Singapore Technologies Telemedia
Singapore
|
+$440M |
| 2 |
Temasek Holdings
Singapore
|
+$440M |
| 3 |
CG
Carmignac Gestion
Paris,
France
|
+$255M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$146M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$495M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$350M |
| 3 |
CM
Corvex Management
New York
|
-$178M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$105M |
| 5 |
WFI
West Family Investments
Carlsbad,
California
|
-$46.8M |
LVLT Hedge Fund Activity: Q1 2015 in Review
437 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Level 3 Communications Inc (LVLT) for Q1 2015, worth a combined $20B — up 13% from $17.7B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new LVLT positions and 38 closed out — a net gain of 26 holders — while 179 added to existing stakes and 138 trimmed.
The largest buyer was Singapore Technologies Telemedia, adding an estimated $440M. The largest seller was Southeastern Asset Management, cutting an estimated $495M.
- 437 institutional investors held Level 3 Communications Inc (LVLT) as of Q1 2015, up from 416 in Q4 2014.
- Funds reported $20B of Level 3 Communications Inc stock for Q1 2015, up 13% quarter-over-quarter.
- 64 funds opened new Level 3 Communications Inc positions in Q1 2015 and 38 closed out, a net change of +26 holders.
- The largest Level 3 Communications Inc buyer in Q1 2015 was Singapore Technologies Telemedia, an estimated $440M added.
- The largest Level 3 Communications Inc seller in Q1 2015 was Southeastern Asset Management, an estimated $495M sold.
Based on aggregated 13F filings for Q1 2015.