Mitel Networks Corporation
MITL
MITL was delisted on the 30th of November, 2018.
140 hedge funds and large institutions have $805M invested in Mitel Networks Corporation in 2017 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 47 increasing their positions, 38 reducing their positions, and 23 closing their positions.
70% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 23
24% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 38
12% more funds holding
Funds holding: 125 → 140 (+15)
1% less capital invested
Capital invested by funds: $809M → $805M (-$4.25M)
1% less call options, than puts
Call options by funds: $99K | Put options by funds: $100K
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$15.7M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$15M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$13.7M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$6.9M |
| 5 |
FIM
Foresters Investment Management
New York
|
+$5.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPM
Francisco Partners Management
San Francisco,
California
|
-$35.5M |
| 2 |
EM
Elliott Management
New York
|
-$22.8M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$19.2M |
| 4 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
-$6.23M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$5.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FRM
151
Fox Run Management
Greenwich,
Connecticut
| – | -$323K | -38,500 | Closed |
|
|
PCM
152
Prelude Capital Management
New York
| – | -$293K | -34,961 | Closed |
|
|
AP
153
AHL Partners
London,
United Kingdom
| – | -$275K | -32,771 | Closed |
|
|
BCM
154
Bayesian Capital Management
Brooklyn,
New York
| – | -$237K | -28,282 | Closed |
|
|
SCCM
155
Schafer Cullen Capital Management
New York
| – | -$233K | -27,730 | Closed |
|
156
Franklin Resources
San Mateo,
California
| – | -$204K | -24,373 | Closed |
|
|
MF
157
Magnetar Financial
Evanston,
Illinois
| – | -$142K | -16,984 | Closed |
|
|
TSS
158
Two Sigma Securities
New York
| – | -$86K | -10,250 | Closed |
|
|
ASP
159
Adams Street Partners
Chicago,
Illinois
| – | -$73K | -8,696 | Closed |
|
|
OAM
160
Oppenheimer Asset Management
New York
| – | -$2K | -224 | Closed |
|
|
BONST
161
Bank of Nova Scotia Trust
Toronto,
Ontario, Canada
| – | -$1K | -136 | Closed |
|
162
CIBC Private Wealth Group
Atlanta,
Georgia
| – | +$130 | +16 | New |
|
MITL Hedge Fund Activity: Q4 2017 in Review
140 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Mitel Networks Corporation (MITL) for Q4 2017, worth a combined $805M — down 0.53% from $809M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new MITL positions and 23 closed out — a net gain of 16 holders — while 47 added to existing stakes and 38 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $15.7M. The largest seller was Francisco Partners Management, exiting entirely with an estimated $35.5M sold.
- 140 institutional investors held Mitel Networks Corporation (MITL) as of Q4 2017, up from 125 in Q3 2017.
- Funds reported $805M of Mitel Networks Corporation stock for Q4 2017, down 0.53% quarter-over-quarter.
- 39 funds opened new Mitel Networks Corporation positions in Q4 2017 and 23 closed out, a net change of +16 holders.
- The largest Mitel Networks Corporation buyer in Q4 2017 was Capital Research Global Investors, an estimated $15.7M added.
- The largest Mitel Networks Corporation seller in Q4 2017 was Francisco Partners Management, an estimated $35.5M sold.
Based on aggregated 13F filings for Q4 2017.