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TI

Telecom Italia
TI

Delisted

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

75 hedge funds and large institutions have $101M invested in Telecom Italia in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 34 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% less capital invested

Capital invested by funds: $111M → $101M (-$9.18M)

12% less funds holding

Funds holding: 8575 (-10)

35% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 34

56% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 16

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $93K

Holders
75
Holders Change
-10
Holders Change %
-11.76%
% of All Funds
1.63%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
22
Reduced
34
Closed
16
Calls
Puts
$93K
Net Calls
-$93K
Net Calls Change
+$556K
Name Holding Trade Value Shares
Change
Change in
Stake
BIP
1
Brandes Investment Partners
California
$28M -$593K -109,324 -2%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$13.5M -$163K -30,129 -1%
PPA
3
Parametric Portfolio Associates
Washington
$11.7M +$2.64M +487,682 +30%
Morgan Stanley
4
Morgan Stanley
New York
$8.13M -$1.46M -268,465 -15%
Bank of America
5
Bank of America
North Carolina
$7.52M +$2.13M +393,628 +41%
Northern Trust
6
Northern Trust
Illinois
$7.13M -$336K -61,866 -5%
ClearBridge Investments
7
ClearBridge Investments
New York
$3.23M -$158K -29,185 -5%
Goldman Sachs
8
Goldman Sachs
New York
$3.15M -$408K -75,233 -12%
Arrowstreet Capital
9
Arrowstreet Capital
Massachusetts
$2.84M -$974K -179,602 -26%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$2.5M +$2.15M +396,147 +697%
AG
11
Aperio Group
California
$1.97M -$121K -22,264 -6%
GF
12
Gabelli Funds
New York
$1.86M
Natixis Advisors
13
Natixis Advisors
Massachusetts
$1.28M +$829K +152,953 +195%
Stifel Financial
14
Stifel Financial
Missouri
$1.13M +$555K +102,415 +100%
OAM
15
Oppenheimer Asset Management
New York
$1.09M +$681K +125,583 +175%
RJA
16
Raymond James & Associates
Florida
$835K -$65.8K -12,140 -7%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$647K +$313K +57,725 +97%
RIM
18
Redwood Investment Management
Arizona
$521K +$73.3K +13,511 +17%
Comerica Bank
19
Comerica Bank
Texas
$478K -$6.39K -1,179 -1%
CGH
20
Crossmark Global Holdings
Texas
$454K -$53.2K -9,802 -11%
SG Americas Securities
21
SG Americas Securities
New York
$282K
Bank of New York Mellon
22
Bank of New York Mellon
New York
$239K -$121K -22,358 -34%
William Blair & Company
23
William Blair & Company
Illinois
$235K
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$217K -$130 -24 -0.1%
QCG
25
Quadrant Capital Group
Ohio
$183K +$69K +12,718 +62%

TI Hedge Fund Activity: Q2 2019 in Review

75 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Telecom Italia (TI) for Q2 2019, worth a combined $101M — down 8.3% from $111M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of TI and 7 opened new positions — a net loss of 9 holders — while 34 trimmed existing stakes and 22 added.

The largest buyer was Parametric Portfolio Associates, adding an estimated $2.64M. The largest seller was Morgan Stanley, cutting an estimated $1.46M.

  • 75 institutional investors held Telecom Italia (TI) as of Q2 2019, down from 85 in Q1 2019.
  • Funds reported $101M of Telecom Italia stock for Q2 2019, down 8.3% quarter-over-quarter.
  • 7 funds opened new Telecom Italia positions in Q2 2019 and 16 closed out, a net change of -9 holders.
  • The largest Telecom Italia buyer in Q2 2019 was Parametric Portfolio Associates, an estimated $2.64M added.
  • The largest Telecom Italia seller in Q2 2019 was Morgan Stanley, an estimated $1.46M sold.

Based on aggregated 13F filings for Q2 2019.