Mitel Networks Corporation
MITL
MITL was delisted on the 30th of November, 2018.
72 hedge funds and large institutions have $774M invested in Mitel Networks Corporation in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 23 reducing their positions, and 17 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 23
10% more capital invested
Capital invested by funds: $706M → $774M (+$68M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less funds holding
Funds holding: 80 → 72 (-8)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
70% less call options, than puts
Call options by funds: $150K | Put options by funds: $508K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$49.4M |
| 2 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$32.2M |
| 3 |
EM
Elliott Management
New York
|
+$26.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$18M |
| 5 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.2M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$7.44M |
| 4 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
-$7.23M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$6.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citadel Advisors
Miami,
Florida
| – | -$354K | -33,077 | Closed |
|
|
ARTA
77
A.R.T. Advisors
New York
| – | -$249K | -23,384 | Closed |
|
78
Millennium Management
New York
| – | -$221K | -20,675 | Closed |
|
|
SCM
79
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$214K | -19,973 | Closed |
|
|
NCCM
80
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$158K | -14,800 | Closed |
|
|
TC
81
TFS Capital
West Chester,
Pennsylvania
| – | -$148K | -13,853 | Closed |
|
|
ZCM
82
Zebra Capital Management
Stamford,
Connecticut
| – | -$137K | -12,855 | Closed |
|
|
TRCT
83
Tower Research Capital (TRC)
New York
| – | -$50.9K | -5,080 | -99% |
|
|
OSAM
84
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$30K | -2,843 | Closed |
|
|
BIT
85
BlackRock Institutional Trust
San Francisco,
California
| – | -$26K | -2,478 | Closed |
|
86
Citigroup
New York
| – | -$3K | -320 | Closed |
|
|
MCM
87
MV Capital Management
Bethesda,
Maryland
| – | -$3K | -310 | Closed |
|
88
Group One Trading
Chicago,
Illinois
| – | -$1.69K | -169 | Closed |
|
MITL Hedge Fund Activity: Q1 2015 in Review
72 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Mitel Networks Corporation (MITL) for Q1 2015, worth a combined $774M — up 9.6% from $706M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of MITL and 10 opened new positions — a net loss of 7 holders — while 23 trimmed existing stakes and 31 added.
The largest buyer was Invesco, adding an estimated $49.4M. The largest seller was Fidelity Investments, cutting an estimated $20.5M.
- 72 institutional investors held Mitel Networks Corporation (MITL) as of Q1 2015, down from 80 in Q4 2014.
- Funds reported $774M of Mitel Networks Corporation stock for Q1 2015, up 9.6% quarter-over-quarter.
- 10 funds opened new Mitel Networks Corporation positions in Q1 2015 and 17 closed out, a net change of -7 holders.
- The largest Mitel Networks Corporation buyer in Q1 2015 was Invesco, an estimated $49.4M added.
- The largest Mitel Networks Corporation seller in Q1 2015 was Fidelity Investments, an estimated $20.5M sold.
Based on aggregated 13F filings for Q1 2015.