Turkcell
91 hedge funds and large institutions have $830M invested in Turkcell in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 24 reducing their positions, and 16 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 24
0.03% less ownership
Funds ownership: 2.93% → 2.9% (-0.03%)
7% less funds holding
Funds holding: 98 → 91 (-7)
15% less capital invested
Capital invested by funds: $973M → $830M (-$143M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
99% less call options, than puts
Call options by funds: $52K | Put options by funds: $9.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$9.13M |
| 2 |
Morgan Stanley
New York
|
+$6.04M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
+$3.75M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$1.99M |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$30M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$9.48M |
| 3 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
-$4.98M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.88M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Acadian Asset Management
Boston,
Massachusetts
| – | -$132K | -8,700 | Closed |
|
102
Barclays
London,
United Kingdom
| – | -$115K | -7,600 | Closed |
|
103
Simplex Trading
Chicago,
Illinois
| – | -$6.56K | -468 | Closed |
|
|
BRWA
104
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$2 | -116 | Closed |
|
|
IC
105
Intersect Capital
San Ramon,
California
| – | -$1.63K | -116 | -50% |
|
106
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$1K | -78 | Closed |
|
|
NPC
107
National Planning Corporation
El Segundo,
California
| – | -$323 | -21 | Closed |
|
TKC Hedge Fund Activity: Q1 2015 in Review
91 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q1 2015, worth a combined $830M — down 15% from $973M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TKC and 10 opened new positions — a net loss of 6 holders — while 24 trimmed existing stakes and 29 added.
The largest buyer was Lazard Asset Management, adding an estimated $9.13M. The largest seller was Fidelity Investments, cutting an estimated $30M.
- 91 institutional investors held Turkcell (TKC) as of Q1 2015, down from 98 in Q4 2014.
- Funds reported $830M of Turkcell stock for Q1 2015, down 15% quarter-over-quarter.
- 10 funds opened new Turkcell positions in Q1 2015 and 16 closed out, a net change of -6 holders.
- The largest Turkcell buyer in Q1 2015 was Lazard Asset Management, an estimated $9.13M added.
- The largest Turkcell seller in Q1 2015 was Fidelity Investments, an estimated $30M sold.
Based on aggregated 13F filings for Q1 2015.