Nokia
281 hedge funds and large institutions have $3.14B invested in Nokia in 2013 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 63 increasing their positions, 97 reducing their positions, and 45 closing their positions.
60% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 45
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
14% more capital invested
Capital invested by funds: $2.75B → $3.14B (+$383M)
8% more funds holding
Funds holding: 259 → 281 (+22)
0.86% less ownership
Funds ownership: 11.18% → 10.31% (-0.86%)
5% less call options, than puts
Call options by funds: $298M | Put options by funds: $314M
35% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 97
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$236M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$68.8M |
| 3 |
ESG
Emerging Sovereign Group
New York
|
+$56M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$48.1M |
| 5 |
TA
Teachers Advisors
New York
|
+$45.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$149M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$142M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$137M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$127M |
| 5 |
Dodge & Cox
San Francisco,
California
|
-$120M |
NOK Hedge Fund Activity: Q4 2013 in Review
281 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Nokia (NOK) for Q4 2013, worth a combined $3.14B — up 14% from $2.75B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new NOK positions and 45 closed out — a net gain of 27 holders — while 63 added to existing stakes and 97 trimmed.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $236M. The largest seller was Goldman Sachs, cutting an estimated $149M.
- 281 institutional investors held Nokia (NOK) as of Q4 2013, up from 259 in Q3 2013.
- Funds reported $3.14B of Nokia stock for Q4 2013, up 14% quarter-over-quarter.
- 72 funds opened new Nokia positions in Q4 2013 and 45 closed out, a net change of +27 holders.
- The largest Nokia buyer in Q4 2013 was Fir Tree Capital Management, an estimated $236M added.
- The largest Nokia seller in Q4 2013 was Goldman Sachs, an estimated $149M sold.
Based on aggregated 13F filings for Q4 2013.