Telecom Italia
TI
TI was delisted on the 5th of July, 2019.
68 hedge funds and large institutions have $148M invested in Telecom Italia in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 23 increasing their positions, 13 reducing their positions, and 16 closing their positions.
77% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 13
26% more capital invested
Capital invested by funds: $118M → $148M (+$30.2M)
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
0% more funds holding
Funds holding: 68 → 68 (0)
95% less call options, than puts
Call options by funds: $12K | Put options by funds: $228K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$16.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$8.52M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$4.4M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.4M |
| 5 |
Goldman Sachs
New York
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$5.43M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$3.08M |
| 3 |
JP Morgan Chase
New York
|
-$650K |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$633K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$422K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$7K | -840 | Closed |
|
|
PCM
77
Prelude Capital Management
New York
| – | -$5K | -600 | Closed |
|
|
JFA
78
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$4K | -535 | Closed |
|
|
S
79
SignatureFD
Atlanta,
Georgia
| – | -$4K | -535 | Closed |
|
|
WA
80
WFG Advisors
Dallas,
Texas
| – | -$1K | -95 | Closed |
|
|
MFS
81
MSI Financial Services
Springfield,
Massachusetts
| – | -$1K | -72 | Closed |
|
|
SPIA
82
Steward Partners Investment Advisory
New York
| – | +$820 | +101 | New |
|
TI Hedge Fund Activity: Q4 2016 in Review
68 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Telecom Italia (TI) for Q4 2016, worth a combined $148M — up 26% from $118M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TI positions and 16 closed out — a net gain of 1 holder — while 23 added to existing stakes and 13 trimmed.
The largest buyer was BlackRock Investment Management, opening a new position worth an estimated $16.4M. The largest seller was Brandes Investment Partners, cutting an estimated $5.43M.
- 68 institutional investors held Telecom Italia (TI) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $148M of Telecom Italia stock for Q4 2016, up 26% quarter-over-quarter.
- 17 funds opened new Telecom Italia positions in Q4 2016 and 16 closed out, a net change of +1 holder.
- The largest Telecom Italia buyer in Q4 2016 was BlackRock Investment Management, an estimated $16.4M added.
- The largest Telecom Italia seller in Q4 2016 was Brandes Investment Partners, an estimated $5.43M sold.
Based on aggregated 13F filings for Q4 2016.