Turkcell
TKC
96 hedge funds and large institutions have $192M invested in Turkcell in 2018 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 26 increasing their positions, 33 reducing their positions, and 32 closing their positions.
52% more call options, than puts
Call options by funds: $1.02M | Put options by funds: $673K
0.37% less ownership
Funds ownership: 1.7% → 1.33% (-0.37%)
13% less funds holding
Funds holding: 110 → 96 (-14)
21% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 33
31% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 32
46% less capital invested
Capital invested by funds: $358M → $192M (-$166M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$7.87M |
| 2 |
Millennium Management
New York
|
+$5.35M |
| 3 |
Morgan Stanley
New York
|
+$5.24M |
| 4 |
JP Morgan Chase
New York
|
+$2.87M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$34.2M |
| 2 |
RG
Renaissance Group
Covington,
Kentucky
|
-$17.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$11.9M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$4.92M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$4.48M |
TKC Hedge Fund Activity: Q2 2018 in Review
96 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q2 2018, worth a combined $192M — down 46% from $358M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of TKC and 22 opened new positions — a net loss of 10 holders — while 33 trimmed existing stakes and 26 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $7.87M. The largest seller was Lazard Asset Management, cutting an estimated $34.2M.
- 96 institutional investors held Turkcell (TKC) as of Q2 2018, down from 110 in Q1 2018.
- Funds reported $192M of Turkcell stock for Q2 2018, down 46% quarter-over-quarter.
- 22 funds opened new Turkcell positions in Q2 2018 and 32 closed out, a net change of -10 holders.
- The largest Turkcell buyer in Q2 2018 was Renaissance Technologies, an estimated $7.87M added.
- The largest Turkcell seller in Q2 2018 was Lazard Asset Management, an estimated $34.2M sold.
Based on aggregated 13F filings for Q2 2018.