Mitel Networks Corporation
MITL
MITL was delisted on the 30th of November, 2018.
74 hedge funds and large institutions have $564M invested in Mitel Networks Corporation in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 28 reducing their positions, and 28 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
0% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 28
16% less capital invested
Capital invested by funds: $668M → $564M (-$104M)
21% less funds holding
Funds holding: 94 → 74 (-20)
44% less call options, than puts
Call options by funds: $124K | Put options by funds: $223K
64% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
+$65.3M |
| 2 |
CP
Cumberland Partners
Toronto,
Ontario, Canada
|
+$17.3M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$5.4M |
| 4 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$4.9M |
| 5 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$3.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPM
Francisco Partners Management
San Francisco,
California
|
-$13.6M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$5.13M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.73M |
| 4 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$2.91M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.63M |
MITL Hedge Fund Activity: Q3 2015 in Review
74 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Mitel Networks Corporation (MITL) for Q3 2015, worth a combined $564M — down 16% from $668M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of MITL and 10 opened new positions — a net loss of 18 holders — while 28 trimmed existing stakes and 28 added.
The largest buyer was Elliott Management, adding an estimated $65.3M. The largest seller was Francisco Partners Management, cutting an estimated $13.6M.
- 74 institutional investors held Mitel Networks Corporation (MITL) as of Q3 2015, down from 94 in Q2 2015.
- Funds reported $564M of Mitel Networks Corporation stock for Q3 2015, down 16% quarter-over-quarter.
- 10 funds opened new Mitel Networks Corporation positions in Q3 2015 and 28 closed out, a net change of -18 holders.
- The largest Mitel Networks Corporation buyer in Q3 2015 was Elliott Management, an estimated $65.3M added.
- The largest Mitel Networks Corporation seller in Q3 2015 was Francisco Partners Management, an estimated $13.6M sold.
Based on aggregated 13F filings for Q3 2015.