Turkcell
100 hedge funds and large institutions have $936M invested in Turkcell in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 31 reducing their positions, and 13 closing their positions.
9% more capital invested
Capital invested by funds: $856M → $936M (+$80.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.1% less ownership
Funds ownership: 2.83% → 2.73% (-0.1%)
1% less funds holding
Funds holding: 101 → 100 (-1)
3% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 31
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
80% less call options, than puts
Call options by funds: $122K | Put options by funds: $613K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$8.47M |
| 2 |
OP
Oldfield Partners
London,
United Kingdom
|
+$8.33M |
| 3 |
Morgan Stanley
New York
|
+$2.54M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$2.5M |
| 5 |
AG
Aperio Group
Sausalito,
California
|
+$824K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$23.6M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$10.6M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4.74M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$3.25M |
| 5 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$2.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Arrowstreet Capital
Boston,
Massachusetts
| – | -$23.6M | -1,711,292 | Closed |
|
|
NI
102
Numeric Investors
Boston,
Massachusetts
| – | -$4.74M | -344,075 | Closed |
|
|
KGI
103
Kopernik Global Investors
Tampa,
Florida
| – | -$2.88M | -208,861 | Closed |
|
|
CCP
104
Clough Capital Partners
Boston,
Massachusetts
| – | -$798K | -57,920 | Closed |
|
105
Bank of New York Mellon
New York
| – | -$572K | -41,576 | Closed |
|
106
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$450K | -30,475 | Closed |
|
107
Barclays
London,
United Kingdom
| – | -$394K | -30,274 | Closed |
|
108
Jane Street
New York
| – | -$205K | -14,858 | Closed |
|
|
PIA
109
Philadelphia International Advisors
Philadelphia,
Pennsylvania
| – | -$179K | -13,000 | Closed |
|
|
GVT
110
Genesee Valley Trust
Pittsford,
New York
| – | -$139K | -10,115 | Closed |
|
|
FNYS
111
First New York Securities
New York
| – | -$127K | -9,200 | Closed |
|
112
Group One Trading
Chicago,
Illinois
| – | -$81.4K | -5,505 | Closed |
|
|
DVM
113
Dreman Value Management
West Palm Beach,
Florida
| – | -$54K | -3,924 | Closed |
|
TKC Hedge Fund Activity: Q2 2014 in Review
100 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q2 2014, worth a combined $936M — up 9.4% from $856M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TKC and 12 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 30 added.
The largest buyer was Franklin Resources, adding an estimated $8.47M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $23.6M sold.
- 100 institutional investors held Turkcell (TKC) as of Q2 2014, down from 101 in Q1 2014.
- Funds reported $936M of Turkcell stock for Q2 2014, up 9.4% quarter-over-quarter.
- 12 funds opened new Turkcell positions in Q2 2014 and 13 closed out, a net change of -1 holder.
- The largest Turkcell buyer in Q2 2014 was Franklin Resources, an estimated $8.47M added.
- The largest Turkcell seller in Q2 2014 was Arrowstreet Capital, an estimated $23.6M sold.
Based on aggregated 13F filings for Q2 2014.