Turkcell
TKC
118 hedge funds and large institutions have $771M invested in Turkcell in 2013 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 40 reducing their positions, and 12 closing their positions.
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
4% more funds holding
Funds holding: 114 → 118 (+4)
5% more capital invested
Capital invested by funds: $737M → $771M (+$34.3M)
0.05% more ownership
Funds ownership: 2.33% → 2.38% (+0.05%)
10% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 40
66% less call options, than puts
Call options by funds: $190K | Put options by funds: $552K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.54M |
| 2 |
OP
Oldfield Partners
London,
United Kingdom
|
+$8.08M |
| 3 |
Lazard Asset Management
New York
|
+$3.66M |
| 4 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
+$2.93M |
| 5 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$7.78M |
| 2 |
SCCM
Schafer Cullen Capital Management
New York
|
-$4.31M |
| 3 |
ICP
Indus Capital Partners
New York
|
-$3.06M |
| 4 |
Morgan Stanley
New York
|
-$2.09M |
| 5 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$2.05M |
TKC Hedge Fund Activity: Q3 2013 in Review
118 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q3 2013, worth a combined $771M — up 4.6% from $737M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TKC positions and 12 closed out — a net gain of 6 holders — while 36 added to existing stakes and 40 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $9.54M. The largest seller was Franklin Resources, cutting an estimated $7.78M.
- 118 institutional investors held Turkcell (TKC) as of Q3 2013, up from 114 in Q2 2013.
- Funds reported $771M of Turkcell stock for Q3 2013, up 4.6% quarter-over-quarter.
- 18 funds opened new Turkcell positions in Q3 2013 and 12 closed out, a net change of +6 holders.
- The largest Turkcell buyer in Q3 2013 was Arrowstreet Capital, an estimated $9.54M added.
- The largest Turkcell seller in Q3 2013 was Franklin Resources, an estimated $7.78M sold.
Based on aggregated 13F filings for Q3 2013.