Telecom Italia
TI
TI was delisted on the 5th of July, 2019.
78 hedge funds and large institutions have $225M invested in Telecom Italia in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 16 reducing their positions, and 14 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 16
3% less capital invested
Capital invested by funds: $232M → $225M (-$6.35M)
5% less funds holding
Funds holding: 82 → 78 (-4)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
58% less call options, than puts
Call options by funds: $273K | Put options by funds: $655K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.6M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$4.04M |
| 3 |
JP Morgan Chase
New York
|
+$1.29M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.27M |
| 5 |
Jane Street
New York
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Proxima Capital Management
New York
|
-$1.69M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$943K |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$897K |
| 4 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$779K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$773K |
TI Hedge Fund Activity: Q3 2015 in Review
78 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Telecom Italia (TI) for Q3 2015, worth a combined $225M — down 2.7% from $232M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TI and 11 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 30 added.
The largest buyer was Bank of America, adding an estimated $4.6M. The largest seller was Proxima Capital Management, exiting entirely with an estimated $1.69M sold.
- 78 institutional investors held Telecom Italia (TI) as of Q3 2015, down from 82 in Q2 2015.
- Funds reported $225M of Telecom Italia stock for Q3 2015, down 2.7% quarter-over-quarter.
- 11 funds opened new Telecom Italia positions in Q3 2015 and 14 closed out, a net change of -3 holders.
- The largest Telecom Italia buyer in Q3 2015 was Bank of America, an estimated $4.6M added.
- The largest Telecom Italia seller in Q3 2015 was Proxima Capital Management, an estimated $1.69M sold.
Based on aggregated 13F filings for Q3 2015.