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139 hedge funds and large institutions have $1.94B invested in TIM SA in 2013 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 42 increasing their positions, 45 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

81,000% more call options, than puts

Call options by funds: $811K | Put options by funds: $1K

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

29% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 24

13% more capital invested

Capital invested by funds: $1.72B → $1.94B (+$217M)

5% more funds holding

Funds holding: 132139 (+7)

0.03% more ownership

Funds ownership: 3.02%3.05% (+0.03%)

7% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 45

Holders
139
Holders Change
+7
Holders Change %
+5.3%
% of All Funds
4.03%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.17%
New
31
Increased
42
Reduced
45
Closed
24
Calls
$811K
Puts
$1K
Net Calls
+$810K
Net Calls Change
+$1.01M
Name Holding Trade Value Shares
Change
Change in
Stake
BIP
1
Brandes Investment Partners
California
$356M -$104M -4,122,481 -23%
Macquarie Group
2
Macquarie Group
Australia
$300M +$13.8M +546,681 +5%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$148M +$108M +4,262,700 +307%
Acadian Asset Management
4
Acadian Asset Management
Massachusetts
$140M -$17.3M -684,678 -11%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$89.6M +$76.5M +3,029,606 +788%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$77.3M -$178M -7,059,134 -71%
Bessemer Group
7
Bessemer Group
New Jersey
$72.1M -$43M -1,704,085 -38%
Citadel Advisors
8
Citadel Advisors
Florida
$66.5M +$36.4M +1,442,496 +132%
Vanguard Group
9
Vanguard Group
Pennsylvania
$49.7M
TCA
10
Taconic Capital Advisors
New York
$49.2M +$22.1M +875,000 +88%
BGAM
11
Boussard & Gavaudan Asset Management
United Kingdom
$46.7M +$45M +1,781,232 New
ACM
12
Amber Capital Management
Cayman Islands
$46.2M +$39.2M +1,549,820 +731%
RFC
13
Russell Frank Company
Washington
$40.9M -$3.08M -122,003 -7%
DCM
14
Discovery Capital Management
Connecticut
$35.6M +$34.3M +1,356,437 New
JCI
15
Jet Capital Investors
New York
$29.8M +$12.8M +506,449 +81%
Arrowstreet Capital
16
Arrowstreet Capital
Massachusetts
$24.7M +$234K +9,262 +1%
New York State Common Retirement Fund
17
New York State Common Retirement Fund
New York
$23.5M +$1.48M +58,393 +7%
SC
18
Sculptor Capital
New York
$21.3M -$6.33M -250,758 -24%
CII
19
CR Intrinsic Investors
Connecticut
$19M +$14.5M +575,000 +383%
Grantham, Mayo, Van Otterloo & Co (GMO)
20
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$18.2M +$5.1M +201,800 +41%
AQR Capital Management
21
AQR Capital Management
Connecticut
$16.4M +$4.31M +170,800 +38%
Nomura Holdings
22
Nomura Holdings
Japan
$15.7M +$15M +593,200 +6,741%
SCA
23
SAC Capital Advisors
Connecticut
$15M +$13M +512,834 +855%
State of Wisconsin Investment Board
24
State of Wisconsin Investment Board
Wisconsin
$13.7M
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$13.3M +$104K +4,114 +0.8%

TIMB Hedge Fund Activity: Q4 2013 in Review

139 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in TIM SA (TIMB) for Q4 2013, worth a combined $1.94B — up 13% from $1.72B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new TIMB positions and 24 closed out — a net gain of 7 holders — while 42 added to existing stakes and 45 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $108M. The largest seller was Massachusetts Financial Services, cutting an estimated $178M.

  • 139 institutional investors held TIM SA (TIMB) as of Q4 2013, up from 132 in Q3 2013.
  • Funds reported $1.94B of TIM SA stock for Q4 2013, up 13% quarter-over-quarter.
  • 31 funds opened new TIM SA positions in Q4 2013 and 24 closed out, a net change of +7 holders.
  • The largest TIM SA buyer in Q4 2013 was T. Rowe Price Associates, an estimated $108M added.
  • The largest TIM SA seller in Q4 2013 was Massachusetts Financial Services, an estimated $178M sold.

Based on aggregated 13F filings for Q4 2013.