Mitel Networks Corporation
MITL
MITL was delisted on the 30th of November, 2018.
147 hedge funds and large institutions have $953M invested in Mitel Networks Corporation in 2018 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 50 increasing their positions, 48 reducing their positions, and 23 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 2 → 10 (+8)
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
18% more capital invested
Capital invested by funds: $805M → $953M (+$148M)
5% more funds holding
Funds holding: 140 → 147 (+7)
4% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 48
58% less call options, than puts
Call options by funds: $187K | Put options by funds: $444K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
P2 Capital Partners
New York
|
+$52.6M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
+$26.3M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$21.5M |
| 4 |
GA
Glenhill Advisors
New York
|
+$20.1M |
| 5 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$69M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$29.4M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$24.8M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$19.2M |
| 5 |
Millennium Management
New York
|
-$10.6M |
MITL Hedge Fund Activity: Q1 2018 in Review
147 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Mitel Networks Corporation (MITL) for Q1 2018, worth a combined $953M — up 18% from $805M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new MITL positions and 23 closed out — a net gain of 8 holders — while 50 added to existing stakes and 48 trimmed.
The largest buyer was P2 Capital Partners, opening a new position worth an estimated $52.6M. The largest seller was Elliott Management, exiting entirely with an estimated $69M sold.
- 147 institutional investors held Mitel Networks Corporation (MITL) as of Q1 2018, up from 140 in Q4 2017.
- Funds reported $953M of Mitel Networks Corporation stock for Q1 2018, up 18% quarter-over-quarter.
- 31 funds opened new Mitel Networks Corporation positions in Q1 2018 and 23 closed out, a net change of +8 holders.
- The largest Mitel Networks Corporation buyer in Q1 2018 was P2 Capital Partners, an estimated $52.6M added.
- The largest Mitel Networks Corporation seller in Q1 2018 was Elliott Management, an estimated $69M sold.
Based on aggregated 13F filings for Q1 2018.