Mitel Networks Corporation
MITL
MITL was delisted on the 30th of November, 2018.
134 hedge funds and large institutions have $1.04B invested in Mitel Networks Corporation in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 50 increasing their positions, 44 reducing their positions, and 28 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 44
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
5% less capital invested
Capital invested by funds: $1.09B → $1.04B (-$55.2M)
11% less funds holding
Funds holding: 151 → 134 (-17)
57% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 28
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.08M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$28.4M |
| 2 |
OP
Omni Partners
London,
United Kingdom
|
+$21M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$21M |
| 4 |
Morgan Stanley
New York
|
+$20.8M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGCM
Sand Grove Capital Management
London,
United Kingdom
|
-$98M |
| 2 |
TAL
TIG Advisors LLC
New York
|
-$46.9M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$42.4M |
| 4 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
-$13.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$11.7M |
MITL Hedge Fund Activity: Q3 2018 in Review
134 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Mitel Networks Corporation (MITL) for Q3 2018, worth a combined $1.04B — down 5.1% from $1.09B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of MITL and 12 opened new positions — a net loss of 16 holders — while 44 trimmed existing stakes and 50 added.
The largest buyer was Gardner Lewis Asset Management, adding an estimated $28.4M. The largest seller was Sand Grove Capital Management, exiting entirely with an estimated $98M sold.
- 134 institutional investors held Mitel Networks Corporation (MITL) as of Q3 2018, down from 151 in Q2 2018.
- Funds reported $1.04B of Mitel Networks Corporation stock for Q3 2018, down 5.1% quarter-over-quarter.
- 12 funds opened new Mitel Networks Corporation positions in Q3 2018 and 28 closed out, a net change of -16 holders.
- The largest Mitel Networks Corporation buyer in Q3 2018 was Gardner Lewis Asset Management, an estimated $28.4M added.
- The largest Mitel Networks Corporation seller in Q3 2018 was Sand Grove Capital Management, an estimated $98M sold.
Based on aggregated 13F filings for Q3 2018.