Turkcell
TKC
90 hedge funds and large institutions have $541M invested in Turkcell in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 34 increasing their positions, 17 reducing their positions, and 17 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 17
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
19% more call options, than puts
Call options by funds: $1.29M | Put options by funds: $1.08M
3% more funds holding
Funds holding: 87 → 90 (+3)
0.08% more ownership
Funds ownership: 2.61% → 2.69% (+0.08%)
10% less capital invested
Capital invested by funds: $603M → $541M (-$61.6M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$28M |
| 2 |
Morgan Stanley
New York
|
+$1.88M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.17M |
| 4 |
Renaissance Technologies
New York
|
+$1.1M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$986K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$8.97M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.65M |
| 3 |
BlackRock
New York
|
-$1.52M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$1.3M |
| 5 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
101
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$215K | -20,500 | Closed |
|
|
CG
102
Caprock Group
Boise,
Idaho
| – | -$208K | -19,808 | Closed |
|
103
Acadian Asset Management
Boston,
Massachusetts
| – | -$198K | -18,878 | Closed |
|
104
Neuberger Berman Group
New York
| – | -$127K | -12,125 | Closed |
|
|
TSW
105
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$6K | -600 | Closed |
|
|
CG
106
Cutler Group
San Francisco,
California
| – | -$905 | -95 | Closed |
|
|
BWA
107
Burt Wealth Advisors
North Bethesda,
Maryland
| – | -$1K | -46 | Closed |
|
TKC Hedge Fund Activity: Q2 2016 in Review
90 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q2 2016, worth a combined $541M — down 10% from $603M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TKC positions and 17 closed out — a net gain of 4 holders — while 34 added to existing stakes and 17 trimmed.
The largest buyer was Macquarie Group, adding an estimated $28M. The largest seller was First Trust Advisors, exiting entirely with an estimated $8.97M sold.
- 90 institutional investors held Turkcell (TKC) as of Q2 2016, up from 87 in Q1 2016.
- Funds reported $541M of Turkcell stock for Q2 2016, down 10% quarter-over-quarter.
- 21 funds opened new Turkcell positions in Q2 2016 and 17 closed out, a net change of +4 holders.
- The largest Turkcell buyer in Q2 2016 was Macquarie Group, an estimated $28M added.
- The largest Turkcell seller in Q2 2016 was First Trust Advisors, an estimated $8.97M sold.
Based on aggregated 13F filings for Q2 2016.