Turkcell
TKC
97 hedge funds and large institutions have $823M invested in Turkcell in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 33 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.12% more ownership
Funds ownership: 2.73% → 2.85% (+0.12%)
3% less funds holding
Funds holding: 100 → 97 (-3)
12% less capital invested
Capital invested by funds: $936M → $823M (-$113M)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
21% less call options, than puts
Call options by funds: $349K | Put options by funds: $443K
24% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.9M |
| 2 |
NLCM
Neon Liberty Capital Management
New York
|
+$15.3M |
| 3 |
OP
Oldfield Partners
London,
United Kingdom
|
+$8.21M |
| 4 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$3.94M |
| 5 |
Morgan Stanley
New York
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$7.13M |
| 2 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$4.68M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
-$4.21M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$2.25M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$1.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VAM
101
Visium Asset Management
New York
| – | -$624K | -40,000 | Closed |
|
|
AAM
102
Azzad Asset Management
Falls Church,
Virginia
| – | -$485K | -31,074 | Closed |
|
103
Natixis Advisors
Boston,
Massachusetts
| – | -$456K | -29,265 | Closed |
|
|
UOC
104
UBS O'Connor
Chicago,
Illinois
| – | -$387K | -24,802 | Closed |
|
|
CA
105
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$384K | -24,631 | Closed |
|
|
PG
106
PEAK6 Group
Chicago,
Illinois
| – | -$209K | -13,407 | Closed |
|
107
Daiwa Securities Group
Tokyo,
Japan
| – | -$56K | -3,600 | Closed |
|
|
GXMC
108
Global X Management Company
New York
| – | -$32K | -2,039 | Closed |
|
109
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$16K | -1,000 | Closed |
|
110
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$7K | -480 | Closed |
|
|
QT
111
Quantbot Technologies
New York
| – | -$4K | -300 | Closed |
|
|
PAS
112
Partnervest Advisory Services
Santa Barbara,
California
| – | -$2K | -135 | Closed |
|
113
AssetMark Inc
Concord,
California
| – | -$2K | -130 | Closed |
|
|
NFG
114
Next Financial Group
Houston,
Texas
| – | +$372 | +25 | New |
|
TKC Hedge Fund Activity: Q3 2014 in Review
97 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q3 2014, worth a combined $823M — down 12% from $936M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TKC and 14 opened new positions — a net loss of 3 holders — while 33 trimmed existing stakes and 25 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $30.9M. The largest seller was Managed Account Advisors, cutting an estimated $7.13M.
- 97 institutional investors held Turkcell (TKC) as of Q3 2014, down from 100 in Q2 2014.
- Funds reported $823M of Turkcell stock for Q3 2014, down 12% quarter-over-quarter.
- 14 funds opened new Turkcell positions in Q3 2014 and 17 closed out, a net change of -3 holders.
- The largest Turkcell buyer in Q3 2014 was Fidelity Investments, an estimated $30.9M added.
- The largest Turkcell seller in Q3 2014 was Managed Account Advisors, an estimated $7.13M sold.
Based on aggregated 13F filings for Q3 2014.