Mitel Networks Corporation
MITL
MITL was delisted on the 30th of November, 2018.
109 hedge funds and large institutions have $645M invested in Mitel Networks Corporation in 2017 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 47 increasing their positions, 22 reducing their positions, and 11 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 22
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
7% more funds holding
Funds holding: 102 → 109 (+7)
2% less capital invested
Capital invested by funds: $656M → $645M (-$10.7M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $71K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$18.7M |
| 2 |
ICM
Ionic Capital Management
New York
|
+$7.19M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$6.56M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$5.79M |
| 5 |
KIM
Kestrel Investment Management
San Mateo,
California
|
+$5.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$43.3M |
| 2 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$13.4M |
| 3 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
-$9.96M |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$5.18M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$4.79M |
MITL Hedge Fund Activity: Q1 2017 in Review
109 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Mitel Networks Corporation (MITL) for Q1 2017, worth a combined $645M — down 1.6% from $656M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new MITL positions and 11 closed out — a net gain of 11 holders — while 47 added to existing stakes and 22 trimmed.
The largest buyer was Investment Counselors of Maryland, opening a new position worth an estimated $18.7M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $43.3M sold.
- 109 institutional investors held Mitel Networks Corporation (MITL) as of Q1 2017, up from 102 in Q4 2016.
- Funds reported $645M of Mitel Networks Corporation stock for Q1 2017, down 1.6% quarter-over-quarter.
- 22 funds opened new Mitel Networks Corporation positions in Q1 2017 and 11 closed out, a net change of +11 holders.
- The largest Mitel Networks Corporation buyer in Q1 2017 was Investment Counselors of Maryland, an estimated $18.7M added.
- The largest Mitel Networks Corporation seller in Q1 2017 was 1832 Asset Management, an estimated $43.3M sold.
Based on aggregated 13F filings for Q1 2017.