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TI

Telecom Italia
TI

Delisted

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

86 hedge funds and large institutions have $134M invested in Telecom Italia in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 28 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 9

4% more funds holding

Funds holding: 8386 (+3)

9% less capital invested

Capital invested by funds: $148M → $134M (-$13.2M)

25% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 28

Holders
86
Holders Change
+3
Holders Change %
+3.61%
% of All Funds
1.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
21
Reduced
28
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BIP
1
Brandes Investment Partners
California
$46.7M +$1.28M +147,302 +3%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$21.7M
Morgan Stanley
3
Morgan Stanley
New York
$14.9M +$924K +106,771 +7%
Northern Trust
4
Northern Trust
Illinois
$9.55M -$553K -63,844 -5%
PPA
5
Parametric Portfolio Associates
Washington
$6.89M -$833K -96,260 -11%
Bank of America
6
Bank of America
North Carolina
$5.31M -$1.96M -226,549 -27%
ClearBridge Investments
7
ClearBridge Investments
New York
$3.97M -$236K -27,259 -6%
GF
8
Gabelli Funds
New York
$3.31M
Goldman Sachs
9
Goldman Sachs
New York
$2.28M -$250K -28,836 -10%
Carson Wealth (CWM LLC)
10
Carson Wealth (CWM LLC)
Nebraska
$2.14M +$1.22M +140,868 +132%
RJA
11
Raymond James & Associates
Florida
$2.09M +$266K +30,751 +15%
AG
12
Aperio Group
California
$1.54M +$34.3K +3,962 +2%
Renaissance Technologies
13
Renaissance Technologies
New York
$1.16M +$220K +25,394 +23%
OAM
14
Oppenheimer Asset Management
New York
$1.16M
Stifel Financial
15
Stifel Financial
Missouri
$1.04M -$108K -12,495 -9%
JP Morgan Chase
16
JP Morgan Chase
New York
$960K -$207K -23,957 -18%
CGH
17
Crossmark Global Holdings
Texas
$952K +$4.67K +540 +0.5%
Jane Street
18
Jane Street
New York
$932K +$935K +107,994 New
Comerica Bank
19
Comerica Bank
Texas
$778K +$1.8K +208 +0.2%
WAM
20
World Asset Management
Michigan
$742K -$29.1K -3,363 -4%
Natixis Advisors
21
Natixis Advisors
Massachusetts
$695K -$1.89K -218 -0.3%
DC
22
Davenport & Co
Virginia
$666K -$433 -50 -0.1%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$550K -$21.4K -2,467 -4%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$525K +$14.3K +1,652 +3%
SG Americas Securities
25
SG Americas Securities
New York
$439K

TI Hedge Fund Activity: Q4 2017 in Review

86 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Telecom Italia (TI) for Q4 2017, worth a combined $134M — down 9% from $148M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new TI positions and 9 closed out — a net gain of 3 holders — while 21 added to existing stakes and 28 trimmed.

The largest buyer was Brandes Investment Partners, adding an estimated $1.28M. The largest seller was Bank of America, cutting an estimated $1.96M.

  • 86 institutional investors held Telecom Italia (TI) as of Q4 2017, up from 83 in Q3 2017.
  • Funds reported $134M of Telecom Italia stock for Q4 2017, down 9% quarter-over-quarter.
  • 12 funds opened new Telecom Italia positions in Q4 2017 and 9 closed out, a net change of +3 holders.
  • The largest Telecom Italia buyer in Q4 2017 was Brandes Investment Partners, an estimated $1.28M added.
  • The largest Telecom Italia seller in Q4 2017 was Bank of America, an estimated $1.96M sold.

Based on aggregated 13F filings for Q4 2017.