Mitel Networks Corporation
MITL
MITL was delisted on the 30th of November, 2018.
30 hedge funds and large institutions have $85.1M invested in Mitel Networks Corporation in 2013 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 1 closing their positions.
1,000% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 1
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
63% more capital invested
Capital invested by funds: $52.1M → $85.1M (+$33M)
50% more funds holding
Funds holding: 20 → 30 (+10)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$8.78M |
| 2 |
Renaissance Technologies
New York
|
+$977K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$355K |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$349K |
| 5 |
PP
PDT Partners
New York
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.34M |
| 2 |
LCM
Lafitte Capital Management
Austin,
Texas
|
-$2.02M |
| 3 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$253K |
| 4 |
PM
Platinum Management
New York
|
-$127K |
| 5 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$64.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| $36K | +$28.7K | +6,048 | New |
|
27
Group One Trading
Chicago,
Illinois
| $17K | +$13.3K | +2,800 | New |
|
28
Ameriprise
Minneapolis,
Minnesota
| $3K | – | – | – |
|
|
U
29
UBS
Zurich,
Switzerland
| $2K | +$1.47K | +310 | New |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $1K | -$28.8K | -6,068 | -97% |
|
|
PM
31
Platinum Management
New York
| – | -$127K | -33,000 | Closed |
|
MITL Hedge Fund Activity: Q3 2013 in Review
30 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Mitel Networks Corporation (MITL) for Q3 2013, worth a combined $85.1M — up 63% from $52.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MITL positions and 1 closed out — a net gain of 10 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Archon Capital Management, opening a new position worth an estimated $8.78M. The largest seller was Wellington Management Group, cutting an estimated $5.34M.
- 30 institutional investors held Mitel Networks Corporation (MITL) as of Q3 2013, up from 20 in Q2 2013.
- Funds reported $85.1M of Mitel Networks Corporation stock for Q3 2013, up 63% quarter-over-quarter.
- 11 funds opened new Mitel Networks Corporation positions in Q3 2013 and 1 closed out, a net change of +10 holders.
- The largest Mitel Networks Corporation buyer in Q3 2013 was Archon Capital Management, an estimated $8.78M added.
- The largest Mitel Networks Corporation seller in Q3 2013 was Wellington Management Group, an estimated $5.34M sold.
Based on aggregated 13F filings for Q3 2013.