Mitel Networks Corporation
MITL
MITL was delisted on the 30th of November, 2018.
78 hedge funds and large institutions have $332M invested in Mitel Networks Corporation in 2014 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 9 closing their positions.
289% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 9
201% more call options, than puts
Call options by funds: $2.64M | Put options by funds: $878K
78% more capital invested
Capital invested by funds: $186M → $332M (+$145M)
50% more funds holding
Funds holding: 52 → 78 (+26)
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$29.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.9M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$21.3M |
| 4 |
BPIM
Brant Point Investment Management
New York
|
+$9.99M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$9.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$14.5M |
| 2 |
Renaissance Technologies
New York
|
-$3.32M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.68M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.53M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $10.9K | +$9.73M | +1,028,150 | New |
|
77
Citigroup
New York
| $1K | +$672 | +71 | New |
|
|
EM
78
Elliott Management
New York
| – | -$14.5M | -1,442,626 | Closed |
|
|
N
79
Nuveen
Charlotte,
North Carolina
| – | -$2.68M | -265,953 | Closed |
|
80
AssetMark Inc
Concord,
California
| – | -$1.93M | -203,914 | -100% |
|
|
AC
81
Allstate Corporation
Northbrook,
Illinois
| – | -$1.6M | -160,300 | Closed |
|
|
HHC
82
Hutchin Hill Capital
New York
| – | -$916K | -90,800 | Closed |
|
|
ARTA
83
A.R.T. Advisors
New York
| – | -$501K | -49,723 | Closed |
|
|
BCM
84
Bridgeway Capital Management
Houston,
Texas
| – | -$351K | -34,800 | Closed |
|
|
DCM
85
Driehaus Capital Management
Chicago,
Illinois
| – | -$212K | -21,000 | Closed |
|
|
EMG
86
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$171K | -16,900 | Closed |
|
|
AP
87
Advisors Preferred
Rockville,
Maryland
| – | -$30K | -3,068 | Closed |
|
MITL Hedge Fund Activity: Q1 2014 in Review
78 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Mitel Networks Corporation (MITL) for Q1 2014, worth a combined $332M — up 78% from $186M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new MITL positions and 9 closed out — a net gain of 26 holders — while 23 added to existing stakes and 19 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $29.7M. The largest seller was Elliott Management, exiting entirely with an estimated $14.5M sold.
- 78 institutional investors held Mitel Networks Corporation (MITL) as of Q1 2014, up from 52 in Q4 2013.
- Funds reported $332M of Mitel Networks Corporation stock for Q1 2014, up 78% quarter-over-quarter.
- 35 funds opened new Mitel Networks Corporation positions in Q1 2014 and 9 closed out, a net change of +26 holders.
- The largest Mitel Networks Corporation buyer in Q1 2014 was Invesco, an estimated $29.7M added.
- The largest Mitel Networks Corporation seller in Q1 2014 was Elliott Management, an estimated $14.5M sold.
Based on aggregated 13F filings for Q1 2014.