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MITL

Mitel Networks Corporation
MITL

Delisted

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

102 hedge funds and large institutions have $656M invested in Mitel Networks Corporation in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 35 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 35

7% less capital invested

Capital invested by funds: $706M → $656M (-$50.2M)

11% less funds holding

Funds holding: 114102 (-12)

40% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 25

55% less call options, than puts

Call options by funds: $288K | Put options by funds: $639K

Holders
102
Holders Change
-12
Holders Change %
-10.53%
% of All Funds
2.55%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
15
Increased
35
Reduced
35
Closed
25
Calls
$288K
Puts
$639K
Net Calls
-$351K
Net Calls Change
-$288K
Name Holding Trade Value Shares
Change
Change in
Stake
NIMC
1
NWQ Investment Management Company
California
$106M +$11.1M +1,604,031 +11%
EM
2
Elliott Management
New York
$83.3M
TCAM
3
Turtle Creek Asset Management
Ontario, Canada
$57M +$9.45M +1,361,820 +19%
GCC
4
Guardian Capital (Canada)
Ontario, Canada
$46.6M -$610K -87,867 -1%
FPM
5
Francisco Partners Management
California
$43.7M
1832 Asset Management
6
1832 Asset Management
Ontario, Canada
$43.3M +$21.7M +3,126,600 +102%
Invesco
7
Invesco
Georgia
$34.4M -$30.5K -4,400 -0.1%
KAM
8
Keeley Asset Management
Illinois
$31.9M -$4.35M -626,440 -12%
CS
9
Credit Suisse
Switzerland
$26.5M +$115K +16,632 +0.4%
AllianceBernstein
10
AllianceBernstein
Tennessee
$21.6M -$1.39M -200,470 -6%
PCMI
11
Paradigm Capital Management Inc
New York
$19.1M +$1.9M +274,400 +11%
Fiera Capital (Canada)
12
Fiera Capital (Canada)
Quebec, Canada
$17.6M -$2.26M -325,289 -11%
IIM
13
Intact Investment Management
Quebec, Canada
$13.4M -$4.72M -680,100 -32%
CP
14
Cumberland Partners
Ontario, Canada
$13.3M +$295K +42,500 +2%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$12.4M +$1.66M +238,764 +15%
Massachusetts Financial Services
16
Massachusetts Financial Services
Massachusetts
$11M -$626K -90,257 -5%
NEI
17
Northwest & Ethical Investments
Ontario, Canada
$6.4M
Renaissance Technologies
18
Renaissance Technologies
New York
$5.89M -$2.44M -351,823 -29%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$5.41M +$947K +136,509 +21%
Manulife (Manufacturers Life Insurance)
20
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.2M -$3.32M -477,728 -38%
Public Sector Pension Investment Board (PSP Investments)
21
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$3.96M -$121K -17,500 -3%
Bank of America
22
Bank of America
North Carolina
$3.9M +$264K +38,112 +7%
RCMNY
23
Rubric Capital Management (New York)
New York
$3.65M +$3.72M +536,356 New
HCM
24
Highbridge Capital Management
New York
$3.57M +$2.08M +299,600 +133%
SEI Investments
25
SEI Investments
Pennsylvania
$3.09M +$496K +71,535 +19%

MITL Hedge Fund Activity: Q4 2016 in Review

102 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Mitel Networks Corporation (MITL) for Q4 2016, worth a combined $656M — down 7.1% from $706M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of MITL and 15 opened new positions — a net loss of 10 holders — while 35 trimmed existing stakes and 35 added.

The largest buyer was 1832 Asset Management, adding an estimated $21.7M. The largest seller was CIBC Asset Management, cutting an estimated $5.87M.

  • 102 institutional investors held Mitel Networks Corporation (MITL) as of Q4 2016, down from 114 in Q3 2016.
  • Funds reported $656M of Mitel Networks Corporation stock for Q4 2016, down 7.1% quarter-over-quarter.
  • 15 funds opened new Mitel Networks Corporation positions in Q4 2016 and 25 closed out, a net change of -10 holders.
  • The largest Mitel Networks Corporation buyer in Q4 2016 was 1832 Asset Management, an estimated $21.7M added.
  • The largest Mitel Networks Corporation seller in Q4 2016 was CIBC Asset Management, an estimated $5.87M sold.

Based on aggregated 13F filings for Q4 2016.