Turkcell
TKC
95 hedge funds and large institutions have $377M invested in Turkcell in 2017 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 37 increasing their positions, 26 reducing their positions, and 13 closing their positions.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
42% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 26
7% more funds holding
Funds holding: 89 → 95 (+6)
0.15% less ownership
Funds ownership: 2.24% → 2.09% (-0.15%)
9% less capital invested
Capital invested by funds: $415M → $377M (-$37.4M)
68% less call options, than puts
Call options by funds: $323K | Put options by funds: $1.02M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OP
Oldfield Partners
London,
United Kingdom
|
+$5.88M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.36M |
| 3 |
Lazard Asset Management
New York
|
+$3.63M |
| 4 |
JCP
Jabre Capital Partners
Geneva,
Switzerland
|
+$1.85M |
| 5 |
Morgan Stanley
New York
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$41.8M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.3M |
| 3 |
BlackRock
New York
|
-$2.7M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$2.37M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$721K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Citadel Advisors
Miami,
Florida
| – | -$105K | -12,571 | Closed |
|
|
FPF
102
FNY Partners Fund
New York
| – | -$66K | -8,000 | Closed |
|
103
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$38K | -4,600 | Closed |
|
|
BIG
104
Bellwether Investment Group
Chattanooga,
Tennessee
| – | -$12K | -1,477 | Closed |
|
|
FMA
105
FNY Managed Accounts
New York
| – | -$6K | -795 | Closed |
|
|
WAM
106
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | +$283 | +34 | New |
|
|
SPIA
107
Steward Partners Investment Advisory
New York
| – | +$665 | +80 | New |
|
|
CG
108
Cutler Group
San Francisco,
California
| – | +$806 | +97 | +3,233% |
|
TKC Hedge Fund Activity: Q2 2017 in Review
95 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q2 2017, worth a combined $377M — down 9% from $415M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TKC positions and 13 closed out — a net gain of 6 holders — while 37 added to existing stakes and 26 trimmed.
The largest buyer was Oldfield Partners, adding an estimated $5.88M. The largest seller was Franklin Resources, cutting an estimated $41.8M.
- 95 institutional investors held Turkcell (TKC) as of Q2 2017, up from 89 in Q1 2017.
- Funds reported $377M of Turkcell stock for Q2 2017, down 9% quarter-over-quarter.
- 19 funds opened new Turkcell positions in Q2 2017 and 13 closed out, a net change of +6 holders.
- The largest Turkcell buyer in Q2 2017 was Oldfield Partners, an estimated $5.88M added.
- The largest Turkcell seller in Q2 2017 was Franklin Resources, an estimated $41.8M sold.
Based on aggregated 13F filings for Q2 2017.