Telecom Italia
TI
TI was delisted on the 5th of July, 2019.
95 hedge funds and large institutions have $102M invested in Telecom Italia in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 31 reducing their positions, and 17 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 31
3% less funds holding
Funds holding: 98 → 95 (-3)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
15% less capital invested
Capital invested by funds: $120M → $102M (-$18.2M)
33% less call options, than puts
Call options by funds: $514K | Put options by funds: $769K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$6.33M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$961K |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$718K |
| 4 |
Goldman Sachs
New York
|
+$597K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$553K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.13M |
| 2 |
Jane Street
New York
|
-$1.22M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$824K |
| 4 |
Morgan Stanley
New York
|
-$482K |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$399K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Parallax Volatility Advisers
San Francisco,
California
| – | -$3K | -442 | Closed |
|
102
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$3K | -400 | Closed |
|
|
EFSCE
103
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$2K | -288 | Closed |
|
|
CG
104
Cutler Group
San Francisco,
California
| – | -$1K | -144 | Closed |
|
|
FGAM
105
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$48 | -7 | -8% |
|
|
HNB
106
Huntington National Bank
Columbus,
Ohio
| – | +$7 | +1 | New |
|
|
TAIM
107
TD Ameritrade Investment Management
Omaha,
Nebraska
| – | +$561 | +81 | New |
|
|
NFG
108
Next Financial Group
Houston,
Texas
| – | +$575 | +83 | New |
|
TI Hedge Fund Activity: Q3 2018 in Review
95 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Telecom Italia (TI) for Q3 2018, worth a combined $102M — down 15% from $120M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TI and 15 opened new positions — a net loss of 2 holders — while 31 trimmed existing stakes and 31 added.
The largest buyer was Brandes Investment Partners, adding an estimated $6.33M. The largest seller was Bank of America, cutting an estimated $3.13M.
- 95 institutional investors held Telecom Italia (TI) as of Q3 2018, down from 98 in Q2 2018.
- Funds reported $102M of Telecom Italia stock for Q3 2018, down 15% quarter-over-quarter.
- 15 funds opened new Telecom Italia positions in Q3 2018 and 17 closed out, a net change of -2 holders.
- The largest Telecom Italia buyer in Q3 2018 was Brandes Investment Partners, an estimated $6.33M added.
- The largest Telecom Italia seller in Q3 2018 was Bank of America, an estimated $3.13M sold.
Based on aggregated 13F filings for Q3 2018.