TIM SA
TIMB
113 hedge funds and large institutions have $1.06B invested in TIM SA in 2016 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 30 increasing their positions, 37 reducing their positions, and 14 closing their positions.
100% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 14
44% more call options, than puts
Call options by funds: $365K | Put options by funds: $254K
13% more funds holding
Funds holding: 100 → 113 (+13)
0.17% less ownership
Funds ownership: 3.89% → 3.72% (-0.17%)
8% less capital invested
Capital invested by funds: $1.15B → $1.06B (-$89.5M)
19% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 37
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$50.4M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$36.3M |
| 3 |
EAM
Exane Asset Management
Paris,
France
|
+$4.35M |
| 4 |
Morgan Stanley
New York
|
+$4.16M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$67.4M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$31.1M |
| 3 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
-$29M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$8.27M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
-$6.48M |
TIMB Hedge Fund Activity: Q4 2016 in Review
113 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in TIM SA (TIMB) for Q4 2016, worth a combined $1.06B — down 7.8% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new TIMB positions and 14 closed out — a net gain of 14 holders — while 30 added to existing stakes and 37 trimmed.
The largest buyer was Canada Pension Plan Investment Board, adding an estimated $50.4M. The largest seller was Elliott Management, cutting an estimated $67.4M.
- 113 institutional investors held TIM SA (TIMB) as of Q4 2016, up from 100 in Q3 2016.
- Funds reported $1.06B of TIM SA stock for Q4 2016, down 7.8% quarter-over-quarter.
- 28 funds opened new TIM SA positions in Q4 2016 and 14 closed out, a net change of +14 holders.
- The largest TIM SA buyer in Q4 2016 was Canada Pension Plan Investment Board, an estimated $50.4M added.
- The largest TIM SA seller in Q4 2016 was Elliott Management, an estimated $67.4M sold.
Based on aggregated 13F filings for Q4 2016.