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109 hedge funds and large institutions have $844M invested in TIM SA in 2015 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 43 increasing their positions, 23 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

355% more call options, than puts

Call options by funds: $664K | Put options by funds: $146K

87% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 23

0.35% more ownership

Funds ownership: 3.76%4.11% (+0.35%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

1% less funds holding

Funds holding: 110109 (-1)

2% less capital invested

Capital invested by funds: $862M → $844M (-$17.6M)

4% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 26

Holders
109
Holders Change
-1
Holders Change %
-0.91%
% of All Funds
2.86%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
25
Increased
43
Reduced
23
Closed
26
Calls
$664K
Puts
$146K
Net Calls
+$518K
Net Calls Change
+$50K
Name Holding Trade Value Shares
Change
Change in
Stake
BIP
1
Brandes Investment Partners
California
$133M +$11.9M +1,188,025 +8%
EM
2
Elliott Management
New York
$110M
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$93.7M +$15.3M +1,526,136 +16%
Macquarie Group
4
Macquarie Group
Australia
$60.8M +$3.92M +390,909 +6%
PC
5
Paulson & Co
New York
$50.9M
Canada Pension Plan Investment Board
6
Canada Pension Plan Investment Board
Ontario, Canada
$47.3M +$14.6M +1,459,300 +35%
GTP
7
Global Thematic Partners
New York
$42.2M +$16.6M +1,653,089 +50%
BGIM
8
Boussard & Gavaudan Investment Management
United Kingdom
$26.7M +$4.98M +497,070 +19%
AC
9
Asturias Capital
New York
$24.2M +$28.6M +2,859,186 New
EAM
10
Exane Asset Management
France
$20.2M +$23.8M +2,376,270 New
Citadel Advisors
11
Citadel Advisors
Florida
$19.8M +$293K +29,301 +1%
PAMU
12
Pictet Asset Management (UK)
United Kingdom
$17.4M +$19.2M +1,914,718 +1,346%
EC
13
Eminence Capital
New York
$17M +$294K +29,387 +1%
Deutsche Bank
14
Deutsche Bank
Germany
$16.9M +$13M +1,293,119 +185%
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$15.6M -$1.07M -107,019 -5%
Vanguard Group
16
Vanguard Group
Pennsylvania
$15.5M -$700K -69,900 -4%
RFC
17
Russell Frank Company
Washington
$11.2M +$2.08M +207,200 +19%
CS
18
Credit Suisse
Switzerland
$10.1M +$1.4M +140,180 +13%
Goldman Sachs
19
Goldman Sachs
New York
$9.88M +$2.96M +295,341 +34%
New York State Common Retirement Fund
20
New York State Common Retirement Fund
New York
$9.82M +$1.21M +121,149 +12%
Citigroup
21
Citigroup
New York
$9.27M +$3.62M +361,746 +49%
Bank of America
22
Bank of America
North Carolina
$8.01M +$216K +21,520 +2%
Millennium Management
23
Millennium Management
New York
$7.4M -$7.01M -699,435 -44%
JP Morgan Chase
24
JP Morgan Chase
New York
$6.7M +$2.19M +218,686 +38%
Credit Agricole
25
Credit Agricole
France
$6.57M +$834K +83,251 +12%

TIMB Hedge Fund Activity: Q4 2015 in Review

109 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in TIM SA (TIMB) for Q4 2015, worth a combined $844M — down 2% from $862M a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of TIMB and 25 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 43 added.

The largest buyer was Pictet Asset Management (UK), adding an estimated $19.2M. The largest seller was Bessemer Group, cutting an estimated $27.2M.

  • 109 institutional investors held TIM SA (TIMB) as of Q4 2015, down from 110 in Q3 2015.
  • Funds reported $844M of TIM SA stock for Q4 2015, down 2% quarter-over-quarter.
  • 25 funds opened new TIM SA positions in Q4 2015 and 26 closed out, a net change of -1 holder.
  • The largest TIM SA buyer in Q4 2015 was Pictet Asset Management (UK), an estimated $19.2M added.
  • The largest TIM SA seller in Q4 2015 was Bessemer Group, an estimated $27.2M sold.

Based on aggregated 13F filings for Q4 2015.