Nortel Invesora 1/20 Ser B Shr
NTL
NTL was delisted on the 15th of December, 2017.
22 hedge funds and large institutions have $74.8M invested in Nortel Invesora 1/20 Ser B Shr in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
22% more capital invested
Capital invested by funds: $61M → $74.8M (+$13.7M)
16% more funds holding
Funds holding: 19 → 22 (+3)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$1.81M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$660K |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$417K |
| 4 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$218K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$94.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVA
International Value Advisers
|
-$1.59M |
| 2 |
BCM
Bienville Capital Management
New York
|
-$620K |
| 3 |
Renaissance Technologies
New York
|
-$491K |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$371K |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$278K |
NTL Hedge Fund Activity: Q3 2017 in Review
22 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Nortel Invesora 1/20 Ser B Shr (NTL) for Q3 2017, worth a combined $74.8M — up 22% from $61M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new NTL positions and 2 closed out — a net gain of 3 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was Cowen Inc, opening a new position worth an estimated $1.81M. The largest seller was International Value Advisers, exiting entirely with an estimated $1.59M sold.
- 22 institutional investors held Nortel Invesora 1/20 Ser B Shr (NTL) as of Q3 2017, up from 19 in Q2 2017.
- Funds reported $74.8M of Nortel Invesora 1/20 Ser B Shr stock for Q3 2017, up 22% quarter-over-quarter.
- 5 funds opened new Nortel Invesora 1/20 Ser B Shr positions in Q3 2017 and 2 closed out, a net change of +3 holders.
- The largest Nortel Invesora 1/20 Ser B Shr buyer in Q3 2017 was Cowen Inc, an estimated $1.81M added.
- The largest Nortel Invesora 1/20 Ser B Shr seller in Q3 2017 was International Value Advisers, an estimated $1.59M sold.
Based on aggregated 13F filings for Q3 2017.