OI S.A. American Depositary Shares, each representing five shares of common stock

OIBR.C

OIBR.C Hedge Fund Activity: Q4 2016 in Review

29 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in OI S.A. American Depositary Shares, each representing five shares of common stock (OIBR.C) for Q4 2016, worth a combined $37.7M — down 35% from $58M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of OIBR.C and 6 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 4 added.

The largest buyer was Goldman Sachs, adding an estimated $1.65M. The largest seller was PointState Capital, cutting an estimated $2.28M.

• 29 institutional investors held OI S.A. American Depositary Shares, each representing five shares of common stock (OIBR.C) as of Q4 2016, down from 30 in Q3 2016.
• Funds reported $37.7M of OI S.A. American Depositary Shares, each representing five shares of common stock stock for Q4 2016, down 35% quarter-over-quarter.
• 6 funds opened new OI S.A. American Depositary Shares, each representing five shares of common stock positions in Q4 2016 and 7 closed out, a net change of -1 holder.
• The largest OI S.A. American Depositary Shares, each representing five shares of common stock buyer in Q4 2016 was Goldman Sachs, an estimated $1.65M added.
• The largest OI S.A. American Depositary Shares, each representing five shares of common stock seller in Q4 2016 was PointState Capital, an estimated $2.28M sold.

Based on aggregated 13F filings for Q4 2016.