Telecom Italia
TI
TI was delisted on the 5th of July, 2019.
98 hedge funds and large institutions have $120M invested in Telecom Italia in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 24 increasing their positions, 32 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
10% more funds holding
Funds holding: 89 → 98 (+9)
21% less capital invested
Capital invested by funds: $151M → $120M (-$31.6M)
25% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 32
31% less call options, than puts
Call options by funds: $540K | Put options by funds: $783K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$5.11M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.95M |
| 3 |
Jane Street
New York
|
+$1.86M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.08M |
| 5 |
AG
Aperio Group
Sausalito,
California
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.1M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$1.64M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.33M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.24M |
| 5 |
JP Morgan Chase
New York
|
-$1.01M |
TI Hedge Fund Activity: Q2 2018 in Review
98 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Telecom Italia (TI) for Q2 2018, worth a combined $120M — down 21% from $151M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TI positions and 7 closed out — a net gain of 10 holders — while 24 added to existing stakes and 32 trimmed.
The largest buyer was Brandes Investment Partners, adding an estimated $5.11M. The largest seller was Morgan Stanley, cutting an estimated $2.1M.
- 98 institutional investors held Telecom Italia (TI) as of Q2 2018, up from 89 in Q1 2018.
- Funds reported $120M of Telecom Italia stock for Q2 2018, down 21% quarter-over-quarter.
- 17 funds opened new Telecom Italia positions in Q2 2018 and 7 closed out, a net change of +10 holders.
- The largest Telecom Italia buyer in Q2 2018 was Brandes Investment Partners, an estimated $5.11M added.
- The largest Telecom Italia seller in Q2 2018 was Morgan Stanley, an estimated $2.1M sold.
Based on aggregated 13F filings for Q2 2018.