Sierra Wireless
SWIR
SWIR was delisted on the 12th of January, 2023.
100 hedge funds and large institutions have $256M invested in Sierra Wireless in 2015 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 24 increasing their positions, 36 reducing their positions, and 37 closing their positions.
14% less call options, than puts
Call options by funds: $9.31M | Put options by funds: $10.9M
15% less funds holding
Funds holding: 117 → 100 (-17)
24% less capital invested
Capital invested by funds: $337M → $256M (-$80.9M)
33% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 36
43% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 37
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$47.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.9M |
| 3 |
LHC
Lodge Hill Capital
New York
|
+$8.31M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$5.79M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$5.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$23.7M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$17.5M |
| 3 |
Renaissance Technologies
New York
|
-$9.84M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$7.57M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$3.18M |
SWIR Hedge Fund Activity: Q1 2015 in Review
100 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Sierra Wireless (SWIR) for Q1 2015, worth a combined $256M — down 24% from $337M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of SWIR and 21 opened new positions — a net loss of 16 holders — while 36 trimmed existing stakes and 24 added.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $47.8M. The largest seller was Tiger Global Management, exiting entirely with an estimated $23.7M sold.
- 100 institutional investors held Sierra Wireless (SWIR) as of Q1 2015, down from 117 in Q4 2014.
- Funds reported $256M of Sierra Wireless stock for Q1 2015, down 24% quarter-over-quarter.
- 21 funds opened new Sierra Wireless positions in Q1 2015 and 37 closed out, a net change of -16 holders.
- The largest Sierra Wireless buyer in Q1 2015 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $47.8M added.
- The largest Sierra Wireless seller in Q1 2015 was Tiger Global Management, an estimated $23.7M sold.
Based on aggregated 13F filings for Q1 2015.