Telecom Italia
TI
TI was delisted on the 5th of July, 2019.
85 hedge funds and large institutions have $111M invested in Telecom Italia in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 23 reducing their positions, and 24 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 23
11% more capital invested
Capital invested by funds: $99.3M → $111M (+$11.3M)
12% less funds holding
Funds holding: 97 → 85 (-12)
46% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 24
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $649K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$4.84M |
| 2 |
Goldman Sachs
New York
|
+$1.19M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.14M |
| 4 |
RIM
Redwood Investment Management
Scottsdale,
Arizona
|
+$465K |
| 5 |
Morgan Stanley
New York
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$2.96M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.75M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$992K |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$728K |
| 5 |
LWM
Lenox Wealth Management
Cincinnati,
Ohio
|
-$547K |
TI Hedge Fund Activity: Q1 2019 in Review
85 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Telecom Italia (TI) for Q1 2019, worth a combined $111M — up 11% from $99.3M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of TI and 13 opened new positions — a net loss of 11 holders — while 23 trimmed existing stakes and 35 added.
The largest buyer was Brandes Investment Partners, adding an estimated $4.84M. The largest seller was Carson Wealth (CWM LLC), exiting entirely with an estimated $2.96M sold.
- 85 institutional investors held Telecom Italia (TI) as of Q1 2019, down from 97 in Q4 2018.
- Funds reported $111M of Telecom Italia stock for Q1 2019, up 11% quarter-over-quarter.
- 13 funds opened new Telecom Italia positions in Q1 2019 and 24 closed out, a net change of -11 holders.
- The largest Telecom Italia buyer in Q1 2019 was Brandes Investment Partners, an estimated $4.84M added.
- The largest Telecom Italia seller in Q1 2019 was Carson Wealth (CWM LLC), an estimated $2.96M sold.
Based on aggregated 13F filings for Q1 2019.