Mitel Networks Corporation
MITL
MITL was delisted on the 30th of November, 2018.
121 hedge funds and large institutions have $715M invested in Mitel Networks Corporation in 2017 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 35 increasing their positions, 44 reducing their positions, and 13 closing their positions.
100% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 13
11% more funds holding
Funds holding: 109 → 121 (+12)
11% more capital invested
Capital invested by funds: $645M → $715M (+$70.4M)
20% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 44
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $77K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$41.6M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$24.7M |
| 3 |
QI
QV Investors
Calgary,
Alberta, Canada
|
+$15.8M |
| 4 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
+$9.4M |
| 5 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$5.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
-$42.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$25.5M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$10.8M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.12M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$4.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PGCM
126
Prescott Group Capital Management
Tulsa,
Oklahoma
| – | -$208K | -30,000 | Closed |
|
|
ARTA
127
A.R.T. Advisors
New York
| – | -$144K | -20,800 | Closed |
|
|
B
128
BP
London,
United Kingdom
| – | -$143K | -20,686 | Closed |
|
|
SCM
129
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$117K | -16,888 | Closed |
|
130
Wolverine Trading
Chicago,
Illinois
| – | -$92.2K | -13,230 | Closed |
|
131
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$89.4K | -12,830 | -100% |
|
|
MWNA
132
Marshall Wace North America
New York
| – | -$70K | -10,017 | Closed |
|
|
AII
133
AGF Investments Inc
Toronto,
Ontario, Canada
| – | -$19K | -2,766 | Closed |
|
MITL Hedge Fund Activity: Q2 2017 in Review
121 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Mitel Networks Corporation (MITL) for Q2 2017, worth a combined $715M — up 11% from $645M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new MITL positions and 13 closed out — a net gain of 13 holders — while 35 added to existing stakes and 44 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), opening a new position worth an estimated $41.6M. The largest seller was Turtle Creek Asset Management, cutting an estimated $42.1M.
- 121 institutional investors held Mitel Networks Corporation (MITL) as of Q2 2017, up from 109 in Q1 2017.
- Funds reported $715M of Mitel Networks Corporation stock for Q2 2017, up 11% quarter-over-quarter.
- 26 funds opened new Mitel Networks Corporation positions in Q2 2017 and 13 closed out, a net change of +13 holders.
- The largest Mitel Networks Corporation buyer in Q2 2017 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $41.6M added.
- The largest Mitel Networks Corporation seller in Q2 2017 was Turtle Creek Asset Management, an estimated $42.1M sold.
Based on aggregated 13F filings for Q2 2017.