Turkcell
92 hedge funds and large institutions have $346M invested in Turkcell in 2016 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 21 increasing their positions, 33 reducing their positions, and 13 closing their positions.
54% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 13
7% more funds holding
Funds holding: 86 → 92 (+6)
0.15% less ownership
Funds ownership: 2.43% → 2.28% (-0.15%)
20% less capital invested
Capital invested by funds: $432M → $346M (-$85.4M)
36% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 33
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $645K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.6M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$2.57M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
+$2.39M |
| 4 |
JP Morgan Chase
New York
|
+$1.18M |
| 5 |
Renaissance Technologies
New York
|
+$986K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$22.7M |
| 2 |
Lazard Asset Management
New York
|
-$6.13M |
| 3 |
OP
Oldfield Partners
London,
United Kingdom
|
-$3.52M |
| 4 |
Goldman Sachs
New York
|
-$1.05M |
| 5 |
GH
GAM Holding
Zurich,
Switzerland
|
-$958K |
TKC Hedge Fund Activity: Q4 2016 in Review
92 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q4 2016, worth a combined $346M — down 20% from $432M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TKC positions and 13 closed out — a net gain of 7 holders — while 21 added to existing stakes and 33 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $3.6M. The largest seller was Franklin Resources, cutting an estimated $22.7M.
- 92 institutional investors held Turkcell (TKC) as of Q4 2016, up from 86 in Q3 2016.
- Funds reported $346M of Turkcell stock for Q4 2016, down 20% quarter-over-quarter.
- 20 funds opened new Turkcell positions in Q4 2016 and 13 closed out, a net change of +7 holders.
- The largest Turkcell buyer in Q4 2016 was Parametric Portfolio Associates, an estimated $3.6M added.
- The largest Turkcell seller in Q4 2016 was Franklin Resources, an estimated $22.7M sold.
Based on aggregated 13F filings for Q4 2016.