Telecom Italia
TI
TI was delisted on the 5th of July, 2019.
72 hedge funds and large institutions have $192M invested in Telecom Italia in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 3 closing their positions.
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
22% more capital invested
Capital invested by funds: $157M → $192M (+$34.7M)
16% more funds holding
Funds holding: 62 → 72 (+10)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
74% less call options, than puts
Call options by funds: $48K | Put options by funds: $182K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Venor Capital Management
New York
|
+$38.3M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$3.69M |
| 3 |
Natixis Advisors
Boston,
Massachusetts
|
+$430K |
| 4 |
Goldman Sachs
New York
|
+$360K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$337K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$1.43M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$992K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$642K |
| 4 |
VF
Virtu Financial
New York
|
-$518K |
| 5 |
Morgan Stanley
New York
|
-$440K |
TI Hedge Fund Activity: Q3 2013 in Review
72 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Telecom Italia (TI) for Q3 2013, worth a combined $192M — up 22% from $157M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TI positions and 3 closed out — a net gain of 11 holders — while 23 added to existing stakes and 22 trimmed.
The largest buyer was Venor Capital Management, opening a new position worth an estimated $38.3M. The largest seller was Barclays, cutting an estimated $1.43M.
- 72 institutional investors held Telecom Italia (TI) as of Q3 2013, up from 62 in Q2 2013.
- Funds reported $192M of Telecom Italia stock for Q3 2013, up 22% quarter-over-quarter.
- 14 funds opened new Telecom Italia positions in Q3 2013 and 3 closed out, a net change of +11 holders.
- The largest Telecom Italia buyer in Q3 2013 was Venor Capital Management, an estimated $38.3M added.
- The largest Telecom Italia seller in Q3 2013 was Barclays, an estimated $1.43M sold.
Based on aggregated 13F filings for Q3 2013.