Mitel Networks Corporation
MITL
MITL was delisted on the 30th of November, 2018.
102 hedge funds and large institutions have $646M invested in Mitel Networks Corporation in 2016 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 38 increasing their positions, 23 reducing their positions, and 13 closing their positions.
115% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 13
96% more call options, than puts
Call options by funds: $102K | Put options by funds: $52K
65% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 23
16% more funds holding
Funds holding: 88 → 102 (+14)
11% less capital invested
Capital invested by funds: $725M → $646M (-$79.4M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$16.2M |
| 2 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$16.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$15.1M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$13M |
| 5 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Cumberland Partners
Toronto,
Ontario, Canada
|
-$11.7M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$3.14M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.13M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.28M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.73M |
MITL Hedge Fund Activity: Q2 2016 in Review
102 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Mitel Networks Corporation (MITL) for Q2 2016, worth a combined $646M — down 11% from $725M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new MITL positions and 13 closed out — a net gain of 15 holders — while 38 added to existing stakes and 23 trimmed.
The largest buyer was Intact Investment Management, opening a new position worth an estimated $16.2M. The largest seller was Cumberland Partners, cutting an estimated $11.7M.
- 102 institutional investors held Mitel Networks Corporation (MITL) as of Q2 2016, up from 88 in Q1 2016.
- Funds reported $646M of Mitel Networks Corporation stock for Q2 2016, down 11% quarter-over-quarter.
- 28 funds opened new Mitel Networks Corporation positions in Q2 2016 and 13 closed out, a net change of +15 holders.
- The largest Mitel Networks Corporation buyer in Q2 2016 was Intact Investment Management, an estimated $16.2M added.
- The largest Mitel Networks Corporation seller in Q2 2016 was Cumberland Partners, an estimated $11.7M sold.
Based on aggregated 13F filings for Q2 2016.