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112 hedge funds and large institutions have $825M invested in TIM SA in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 39 increasing their positions, 35 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 35

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.36% less ownership

Funds ownership: 2.83%2.47% (-0.36%)

3% less funds holding

Funds holding: 116112 (-4)

17% less capital invested

Capital invested by funds: $992M → $825M (-$167M)

17% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 23

89% less call options, than puts

Call options by funds: $1.44M | Put options by funds: $13.6M

Holders
112
Holders Change
-4
Holders Change %
-3.45%
% of All Funds
2.46%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
19
Increased
39
Reduced
35
Closed
23
Calls
$1.44M
Puts
$13.6M
Net Calls
-$12.2M
Net Calls Change
-$18.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Pension Plan Investment Board
1
Canada Pension Plan Investment Board
Ontario, Canada
$210M -$63.5M -4,202,089 -22%
AQR Capital Management
2
AQR Capital Management
Connecticut
$120M +$12.7M +842,146 +11%
Renaissance Technologies
3
Renaissance Technologies
New York
$58.6M -$7.7M -509,314 -11%
PC
4
Paulson & Co
New York
$53.4M -$19.3M -1,280,000 -26%
Macquarie Group
5
Macquarie Group
Australia
$43.8M -$5.21M -344,996 -10%
Bank of America
6
Bank of America
North Carolina
$41.1M +$17.7M +1,170,172 +69%
GAM
7
Goldentree Asset Management
New York
$32.9M +$15.8M +1,048,068 +84%
Goldman Sachs
8
Goldman Sachs
New York
$29.1M +$5.58M +369,366 +22%
Acadian Asset Management
9
Acadian Asset Management
Massachusetts
$21.1M -$17.5M -1,159,593 -44%
Vanguard Group
10
Vanguard Group
Pennsylvania
$20.9M -$660K -43,704 -3%
SGDR
11
SPX Gestao de Recursos
Brazil
$18.8M +$15.5M +1,028,796 +364%
State Street
12
State Street
Massachusetts
$14.5M +$3.97M +263,017 +36%
Norges Bank
13
Norges Bank
Norway
$11.8M
Deutsche Bank
14
Deutsche Bank
Germany
$11.6M -$3.93M -260,126 -24%
RG
15
Renaissance Group
Kentucky
$11.2M -$960K -63,514 -8%
JP Morgan Chase
16
JP Morgan Chase
New York
$10.9M +$3.64M +240,551 +46%
Morgan Stanley
17
Morgan Stanley
New York
$9.95M -$17M -1,124,807 -62%
PAMU
18
Pictet Asset Management (UK)
United Kingdom
$8.71M +$4.23M +279,753 +10%
NM
19
NWI Management
New York
$7.75M -$227K -15,000 -3%
Wells Fargo
20
Wells Fargo
California
$6.3M -$844K -55,814 -11%
MCM
21
Moon Capital Management
New York
$6.25M +$3.55M +235,100 +117%
PPA
22
Parametric Portfolio Associates
Washington
$5.79M +$1.1M +72,477 +22%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$5.66M -$35K -2,316 -0.6%
Sumitomo Mitsui Trust Group
24
Sumitomo Mitsui Trust Group
Japan
$5.38M +$2.39M +158,081 +73%
NCM
25
Newfoundland Capital Management
Brazil
$5.32M +$1.84M +121,499 +50%

TIMB Hedge Fund Activity: Q3 2019 in Review

112 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in TIM SA (TIMB) for Q3 2019, worth a combined $825M — down 17% from $992M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of TIMB and 19 opened new positions — a net loss of 4 holders — while 35 trimmed existing stakes and 39 added.

The largest buyer was Bank of America, adding an estimated $17.7M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $63.5M.

  • 112 institutional investors held TIM SA (TIMB) as of Q3 2019, down from 116 in Q2 2019.
  • Funds reported $825M of TIM SA stock for Q3 2019, down 17% quarter-over-quarter.
  • 19 funds opened new TIM SA positions in Q3 2019 and 23 closed out, a net change of -4 holders.
  • The largest TIM SA buyer in Q3 2019 was Bank of America, an estimated $17.7M added.
  • The largest TIM SA seller in Q3 2019 was Canada Pension Plan Investment Board, an estimated $63.5M sold.

Based on aggregated 13F filings for Q3 2019.