Nokia
450 hedge funds and large institutions have $2B invested in Nokia in 2019 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 169 increasing their positions, 117 reducing their positions, and 55 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 117
15% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 55
1% more funds holding
Funds holding: 445 → 450 (+5)
0.53% less ownership
Funds ownership: 7.53% → 7% (-0.53%)
6% less capital invested
Capital invested by funds: $2.13B → $2B (-$129M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
26% less call options, than puts
Call options by funds: $29.2M | Put options by funds: $39.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$70.4M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$43.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$22.6M |
| 4 |
SC
Shellback Capital
Boston,
Massachusetts
|
+$20.9M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$61.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$51M |
| 3 |
BAMCO Inc
New York
|
-$46.4M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$38.7M |
| 5 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$35.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
476
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$1K | -200 | Closed |
|
|
W
477
WealthStone
Columbus,
Ohio
| – | -$571 | -114 | Closed |
|
|
JFA
478
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$1K | -100 | Closed |
|
|
VRM
479
Vectors Research Management
New York
| – | -$1K | -100 | Closed |
|
|
OSNBOA
480
Old Second National Bank of Aurora
Aurora,
Illinois
| – | -$31 | -6 | -30% |
|
|
LFG
481
Larson Financial Group
St Louis,
Missouri
| – | +$5 | +1 | +2% |
|
|
SB
482
Strategic Blueprint
Atlanta,
Georgia
| – | +$10 | +2 | New |
|
|
GAM
483
Gemmer Asset Management
Walnut Creek,
California
| – | +$21 | +4 | New |
|
|
1NWS
484
1 North Wealth Services
Annapolis,
Maryland
| – | +$31 | +6 | New |
|
|
SIAS
485
Shine Investment Advisory Services
Lone Tree,
Colorado
| – | +$77 | +15 | New |
|
|
FGAM
486
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$201 | +39 | +75% |
|
NOK Hedge Fund Activity: Q3 2019 in Review
450 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Nokia (NOK) for Q3 2019, worth a combined $2B — down 6% from $2.13B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new NOK positions and 55 closed out — a net gain of 8 holders — while 169 added to existing stakes and 117 trimmed.
The largest buyer was Primecap Management, adding an estimated $70.4M. The largest seller was Arrowstreet Capital, cutting an estimated $61.3M.
- 450 institutional investors held Nokia (NOK) as of Q3 2019, up from 445 in Q2 2019.
- Funds reported $2B of Nokia stock for Q3 2019, down 6% quarter-over-quarter.
- 63 funds opened new Nokia positions in Q3 2019 and 55 closed out, a net change of +8 holders.
- The largest Nokia buyer in Q3 2019 was Primecap Management, an estimated $70.4M added.
- The largest Nokia seller in Q3 2019 was Arrowstreet Capital, an estimated $61.3M sold.
Based on aggregated 13F filings for Q3 2019.