Telecom Italia
TI
TI was delisted on the 5th of July, 2019.
76 hedge funds and large institutions have $190M invested in Telecom Italia in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 28 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
6% more funds holding
Funds holding: 72 → 76 (+4)
6% less capital invested
Capital invested by funds: $202M → $190M (-$11.6M)
21% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 28
60% less call options, than puts
Call options by funds: $57M | Put options by funds: $142M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$8.1M |
| 2 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$2.92M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$669K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$465K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$362K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$3.81M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$724K |
| 3 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$706K |
| 4 |
Morgan Stanley
New York
|
-$289K |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$269K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
TD Asset Management
Toronto,
Ontario, Canada
| – | -$269K | -21,323 | Closed |
|
77
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$183K | -14,500 | Closed |
|
|
BRWA
78
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$22.8K | -1,805 | Closed |
|
|
DADC
79
D.A. Davidson & Co
Great Falls,
Montana
| – | -$265 | -23 | -32% |
|
TI Hedge Fund Activity: Q3 2014 in Review
76 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Telecom Italia (TI) for Q3 2014, worth a combined $190M — down 5.8% from $202M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TI positions and 3 closed out — a net gain of 4 holders — while 22 added to existing stakes and 28 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $8.1M. The largest seller was Bank of New York Mellon, cutting an estimated $3.81M.
- 76 institutional investors held Telecom Italia (TI) as of Q3 2014, up from 72 in Q2 2014.
- Funds reported $190M of Telecom Italia stock for Q3 2014, down 5.8% quarter-over-quarter.
- 7 funds opened new Telecom Italia positions in Q3 2014 and 3 closed out, a net change of +4 holders.
- The largest Telecom Italia buyer in Q3 2014 was JP Morgan Chase, an estimated $8.1M added.
- The largest Telecom Italia seller in Q3 2014 was Bank of New York Mellon, an estimated $3.81M sold.
Based on aggregated 13F filings for Q3 2014.