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MITL

Mitel Networks Corporation
MITL

Delisted

MITL was delisted on the 30th of November, 2018.

88 hedge funds and large institutions have $725M invested in Mitel Networks Corporation in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 34 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more capital invested

Capital invested by funds: $660M → $725M (+$64.8M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

3% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 34

12% less funds holding

Funds holding: 10088 (-12)

55% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 22

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $655K

Holders
88
Holders Change
-12
Holders Change %
-12%
% of All Funds
2.34%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
10
Increased
33
Reduced
34
Closed
22
Calls
Puts
$655K
Net Calls
-$655K
Net Calls Change
-$559K
Name Holding Trade Value Shares
Change
Change in
Stake
NIMC
1
NWQ Investment Management Company
California
$104M +$3.82M +540,055 +4%
EM
2
Elliott Management
New York
$96.3M +$1.56M +219,848 +2%
FPM
3
Francisco Partners Management
California
$65.7M -$5.17M -731,345 -8%
Invesco
4
Invesco
Georgia
$60.4M -$2.48M -351,015 -5%
GCC
5
Guardian Capital (Canada)
Ontario, Canada
$50.4M +$4.35M +615,194 +11%
KAM
6
Keeley Asset Management
Illinois
$39.9M -$4.01M -566,870 -10%
TCAM
7
Turtle Creek Asset Management
Ontario, Canada
$38.4M +$2.73M +385,700 +9%
1832 Asset Management
8
1832 Asset Management
Ontario, Canada
$36.2M +$6.19M +875,157 +50%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$31.9M +$275K +38,909 +1%
CP
10
Cumberland Partners
Ontario, Canada
$30.5M -$6.01M -849,325 -19%
Fiera Capital (Canada)
11
Fiera Capital (Canada)
Quebec, Canada
$29.5M -$4.14M -584,647 -14%
AllianceBernstein
12
AllianceBernstein
Tennessee
$22.1M -$521K -73,640 -3%
PCMI
13
Paradigm Capital Management Inc
New York
$19.8M +$2.76M +390,500 +19%
Manulife (Manufacturers Life Insurance)
14
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$14.6M +$2.57M +362,595 +25%
Connor, Clark & Lunn Investment Management (CC&L)
15
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$12.1M +$10.4M +1,466,228 New
Renaissance Technologies
16
Renaissance Technologies
New York
$11.2M +$885K +125,055 +10%
NEI
17
Northwest & Ethical Investments
Ontario, Canada
$7.73M
TD Asset Management
18
TD Asset Management
Ontario, Canada
$6.75M +$2.72M +384,000 +88%
Public Sector Pension Investment Board (PSP Investments)
19
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$5.9M -$239K -33,800 -4%
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$4.67M +$442K +62,473 +12%
Bank of America
21
Bank of America
North Carolina
$4.06M +$663K +93,645 +23%
CPS
22
Counsel Portfolio Services
Ontario, Canada
$3.03M
Deutsche Bank
23
Deutsche Bank
Germany
$2.98M +$746K +105,481 +41%
SEI Investments
24
SEI Investments
Pennsylvania
$2.73M +$42K +5,935 +2%
Arrowstreet Capital
25
Arrowstreet Capital
Massachusetts
$2.28M -$1.77M -250,636 -47%

MITL Hedge Fund Activity: Q1 2016 in Review

88 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Mitel Networks Corporation (MITL) for Q1 2016, worth a combined $725M — up 9.8% from $660M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of MITL and 10 opened new positions — a net loss of 12 holders — while 34 trimmed existing stakes and 33 added.

The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), opening a new position worth an estimated $10.4M. The largest seller was Carlson Capital, exiting entirely with an estimated $6.13M sold.

  • 88 institutional investors held Mitel Networks Corporation (MITL) as of Q1 2016, down from 100 in Q4 2015.
  • Funds reported $725M of Mitel Networks Corporation stock for Q1 2016, up 9.8% quarter-over-quarter.
  • 10 funds opened new Mitel Networks Corporation positions in Q1 2016 and 22 closed out, a net change of -12 holders.
  • The largest Mitel Networks Corporation buyer in Q1 2016 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $10.4M added.
  • The largest Mitel Networks Corporation seller in Q1 2016 was Carlson Capital, an estimated $6.13M sold.

Based on aggregated 13F filings for Q1 2016.