Mitel Networks Corporation
MITL
MITL was delisted on the 30th of November, 2018.
102 hedge funds and large institutions have $656M invested in Mitel Networks Corporation in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 35 reducing their positions, and 25 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 35
7% less capital invested
Capital invested by funds: $706M → $656M (-$50.2M)
11% less funds holding
Funds holding: 114 → 102 (-12)
40% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 25
55% less call options, than puts
Call options by funds: $288K | Put options by funds: $639K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$21.7M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$11.1M |
| 3 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$9.45M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$2.08M |
| 5 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$5.87M |
| 2 |
Millennium Management
New York
|
-$5.82M |
| 3 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$4.75M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$4.72M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$4.53M |
MITL Hedge Fund Activity: Q4 2016 in Review
102 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Mitel Networks Corporation (MITL) for Q4 2016, worth a combined $656M — down 7.1% from $706M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of MITL and 15 opened new positions — a net loss of 10 holders — while 35 trimmed existing stakes and 35 added.
The largest buyer was 1832 Asset Management, adding an estimated $21.7M. The largest seller was CIBC Asset Management, cutting an estimated $5.87M.
- 102 institutional investors held Mitel Networks Corporation (MITL) as of Q4 2016, down from 114 in Q3 2016.
- Funds reported $656M of Mitel Networks Corporation stock for Q4 2016, down 7.1% quarter-over-quarter.
- 15 funds opened new Mitel Networks Corporation positions in Q4 2016 and 25 closed out, a net change of -10 holders.
- The largest Mitel Networks Corporation buyer in Q4 2016 was 1832 Asset Management, an estimated $21.7M added.
- The largest Mitel Networks Corporation seller in Q4 2016 was CIBC Asset Management, an estimated $5.87M sold.
Based on aggregated 13F filings for Q4 2016.