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TI

Telecom Italia
TI

Delisted

TI was delisted on the 5th of July, 2019.

78 hedge funds and large institutions have $174M invested in Telecom Italia in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 41 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% less funds holding

Funds holding: 8078 (-2)

18% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 11

24% less capital invested

Capital invested by funds: $227M → $174M (-$53.5M)

68% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 41

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $151K

Holders
78
Holders Change
-2
Holders Change %
-2.5%
% of All Funds
2.08%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
9
Increased
13
Reduced
41
Closed
11
Calls
Puts
$151K
Net Calls
-$151K
Net Calls Change
+$194K
Name Holding Trade Value Shares
Change
Change in
Stake
BIP
1
Brandes Investment Partners
California
$49.4M +$3.29M +304,953 +7%
TIM
2
Thornburg Investment Management
New Mexico
$28.8M -$14.1M -1,311,056 -33%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$27.2M -$429K -39,736 -2%
JP Morgan Chase
4
JP Morgan Chase
New York
$15M -$1.21M -112,549 -7%
Morgan Stanley
5
Morgan Stanley
New York
$14.8M -$339K -31,411 -2%
Northern Trust
6
Northern Trust
Illinois
$4.26M -$396K -36,677 -9%
CIBC World Market
7
CIBC World Market
Ontario, Canada
$4.12M -$77.5K -7,184 -2%
GF
8
Gabelli Funds
New York
$3.87M
PPA
9
Parametric Portfolio Associates
Washington
$2.8M -$1M -93,162 -26%
Bank of America
10
Bank of America
North Carolina
$2.58M -$1.17M -108,404 -31%
Goldman Sachs
11
Goldman Sachs
New York
$2.47M -$551K -51,082 -18%
Arrowstreet Capital
12
Arrowstreet Capital
Massachusetts
$1.69M -$600K -55,666 -26%
CAM
13
Capstone Asset Management
Texas
$1.66M +$76.9K +7,130 +5%
AG
14
Aperio Group
California
$1.54M -$447K -41,411 -22%
Jane Street
15
Jane Street
New York
$1.41M -$768K -71,166 -35%
FA
16
FDx Advisors
Illinois
$1.22M -$540K -50,098 -31%
WAM
17
World Asset Management
Michigan
$832K +$60.9K +5,648 +8%
Natixis Advisors
18
Natixis Advisors
Massachusetts
$814K -$72.7K -6,740 -8%
Comerica Bank
19
Comerica Bank
Texas
$734K +$2.63K +244 +0.3%
SG Americas Securities
20
SG Americas Securities
New York
$657K +$104K +9,660 +19%
JG
21
Jefferies Group
New York
$540K
GT
22
Glenmede Trust
Pennsylvania
$486K -$210K -19,485 -30%
OMC
23
Old Mission Capital
Illinois
$464K -$345K -31,976 -43%
DADC
24
D.A. Davidson & Co
Montana
$422K -$193K -17,879 -31%
Citigroup
25
Citigroup
New York
$415K -$138K -12,759 -25%

TI Hedge Fund Activity: Q1 2016 in Review

78 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Telecom Italia (TI) for Q1 2016, worth a combined $174M — down 24% from $227M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of TI and 9 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 13 added.

The largest buyer was Brandes Investment Partners, adding an estimated $3.29M. The largest seller was Thornburg Investment Management, cutting an estimated $14.1M.

  • 78 institutional investors held Telecom Italia (TI) as of Q1 2016, down from 80 in Q4 2015.
  • Funds reported $174M of Telecom Italia stock for Q1 2016, down 24% quarter-over-quarter.
  • 9 funds opened new Telecom Italia positions in Q1 2016 and 11 closed out, a net change of -2 holders.
  • The largest Telecom Italia buyer in Q1 2016 was Brandes Investment Partners, an estimated $3.29M added.
  • The largest Telecom Italia seller in Q1 2016 was Thornburg Investment Management, an estimated $14.1M sold.

Based on aggregated 13F filings for Q1 2016.