Turkcell
TKC
89 hedge funds and large institutions have $415M invested in Turkcell in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 38 increasing their positions, 18 reducing their positions, and 19 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 18
20% more capital invested
Capital invested by funds: $346M → $415M (+$68.4M)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
0.04% less ownership
Funds ownership: 2.28% → 2.24% (-0.04%)
3% less funds holding
Funds holding: 92 → 89 (-3)
18% less call options, than puts
Call options by funds: $432K | Put options by funds: $530K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$10.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.58M |
| 3 |
OP
Oldfield Partners
London,
United Kingdom
|
+$3.49M |
| 4 |
BlackRock
New York
|
+$3.23M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$38.1M |
| 2 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
-$2M |
| 3 |
JP Morgan Chase
New York
|
-$1.12M |
| 4 |
Renaissance Technologies
New York
|
-$930K |
| 5 |
Two Sigma Investments
New York
|
-$878K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CBU
101
CIBC Bank USA
Chicago,
Illinois
| – | -$70K | -10,122 | Closed |
|
102
Simplex Trading
Chicago,
Illinois
| – | -$33.5K | -4,313 | Closed |
|
|
QT
103
Quantbot Technologies
New York
| – | -$11K | -1,640 | Closed |
|
|
PWM
104
Perigon Wealth Management
San Francisco,
California
| – | -$9K | -1,090 | Closed |
|
|
DVM
105
Dreman Value Management
West Palm Beach,
Florida
| – | -$4K | -570 | Closed |
|
106
Creative Planning
Overland Park,
Kansas
| – | -$2K | -326 | Closed |
|
|
WC
107
Whitnell & Co
Oak Brook,
Illinois
| – | -$2K | -249 | Closed |
|
TKC Hedge Fund Activity: Q1 2017 in Review
89 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q1 2017, worth a combined $415M — up 20% from $346M a quarter earlier.
Fund positioning in TKC was balanced in Q1 2017: 19 funds opened new positions, 19 closed out, 38 added to existing stakes and 18 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $10.6M. The largest seller was Franklin Resources, cutting an estimated $38.1M.
- 89 institutional investors held Turkcell (TKC) as of Q1 2017, down from 92 in Q4 2016.
- Funds reported $415M of Turkcell stock for Q1 2017, up 20% quarter-over-quarter.
- 19 funds opened new Turkcell positions in Q1 2017 and 19 closed out, a net change of 0 holders.
- The largest Turkcell buyer in Q1 2017 was Lazard Asset Management, an estimated $10.6M added.
- The largest Turkcell seller in Q1 2017 was Franklin Resources, an estimated $38.1M sold.
Based on aggregated 13F filings for Q1 2017.