PORTUGAL TELECOM SGPS, S.A.
PT
PT was delisted on the 27th of March, 2015.
75 hedge funds and large institutions have $69.2M invested in PORTUGAL TELECOM SGPS, S.A. in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 12 closing their positions.
62% more capital invested
Capital invested by funds: $42.8M → $69.2M (+$26.4M)
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
10% more funds holding
Funds holding: 68 → 75 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
+$35.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.45M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$2.92M |
| 4 |
PSUF
People's United Financial
Bridgeport,
Connecticut
|
+$1.43M |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$19.1M |
| 2 |
Bank of New York Mellon
New York
|
-$511K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$469K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$440K |
| 5 |
JG
Jefferies Group
New York
|
-$436K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
76
Jefferies Group
New York
| – | -$436K | -102,085 | Closed |
|
77
Natixis Advisors
Boston,
Massachusetts
| – | -$255K | -59,764 | Closed |
|
|
V
78
Veritable
Wilmington,
Delaware
| – | -$92K | -21,609 | Closed |
|
79
Two Sigma Investments
New York
| – | -$73K | -17,034 | Closed |
|
|
SC
80
Saturna Capital
Bellingham,
Washington
| – | -$73K | -17,000 | Closed |
|
81
Geode Capital Management
Boston,
Massachusetts
| – | -$62K | -14,741 | Closed |
|
|
WT
82
Wilmington Trust
Wilmington,
Delaware
| – | -$54K | -12,540 | Closed |
|
83
JP Morgan Chase
New York
| – | -$45K | -10,545 | Closed |
|
84
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$40.2K | -9,971 | -100% |
|
85
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -510 | Closed |
|
|
CAW
86
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$2K | -461 | Closed |
|
PT Hedge Fund Activity: Q2 2014 in Review
75 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in PORTUGAL TELECOM SGPS, S.A. (PT) for Q2 2014, worth a combined $69.2M — up 62% from $42.8M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PT positions and 12 closed out — a net gain of 7 holders — while 17 added to existing stakes and 18 trimmed.
The largest buyer was Cambiar Investors, opening a new position worth an estimated $35.5M. The largest seller was Brandes Investment Partners, exiting entirely with an estimated $19.1M sold.
- 75 institutional investors held PORTUGAL TELECOM SGPS, S.A. (PT) as of Q2 2014, up from 68 in Q1 2014.
- Funds reported $69.2M of PORTUGAL TELECOM SGPS, S.A. stock for Q2 2014, up 62% quarter-over-quarter.
- 19 funds opened new PORTUGAL TELECOM SGPS, S.A. positions in Q2 2014 and 12 closed out, a net change of +7 holders.
- The largest PORTUGAL TELECOM SGPS, S.A. buyer in Q2 2014 was Cambiar Investors, an estimated $35.5M added.
- The largest PORTUGAL TELECOM SGPS, S.A. seller in Q2 2014 was Brandes Investment Partners, an estimated $19.1M sold.
Based on aggregated 13F filings for Q2 2014.