Turkcell
TKC
86 hedge funds and large institutions have $432M invested in Turkcell in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 31 reducing their positions, and 13 closing their positions.
58% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $718K
0.25% less ownership
Funds ownership: 2.69% → 2.43% (-0.25%)
4% less funds holding
Funds holding: 90 → 86 (-4)
16% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 31
20% less capital invested
Capital invested by funds: $541M → $432M (-$109M)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$5.19M |
| 2 |
Goldman Sachs
New York
|
+$776K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$688K |
| 4 |
GH
GAM Holding
Zurich,
Switzerland
|
+$606K |
| 5 |
COI
Connable Office Inc
Kalamazoo,
Michigan
|
+$598K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$24.4M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$8.46M |
| 3 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$4.92M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$4.8M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.22M |
TKC Hedge Fund Activity: Q3 2016 in Review
86 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q3 2016, worth a combined $432M — down 20% from $541M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TKC and 10 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 26 added.
The largest buyer was NWQ Investment Management Company, opening a new position worth an estimated $5.19M. The largest seller was Macquarie Group, cutting an estimated $24.4M.
- 86 institutional investors held Turkcell (TKC) as of Q3 2016, down from 90 in Q2 2016.
- Funds reported $432M of Turkcell stock for Q3 2016, down 20% quarter-over-quarter.
- 10 funds opened new Turkcell positions in Q3 2016 and 13 closed out, a net change of -3 holders.
- The largest Turkcell buyer in Q3 2016 was NWQ Investment Management Company, an estimated $5.19M added.
- The largest Turkcell seller in Q3 2016 was Macquarie Group, an estimated $24.4M sold.
Based on aggregated 13F filings for Q3 2016.