Turkcell
98 hedge funds and large institutions have $302M invested in Turkcell in 2017 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 16 reducing their positions, and 14 closing their positions.
206% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 16
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
3% more funds holding
Funds holding: 95 → 98 (+3)
0.53% less ownership
Funds ownership: 2.09% → 1.56% (-0.53%)
18% less call options, than puts
Call options by funds: $689K | Put options by funds: $836K
20% less capital invested
Capital invested by funds: $377M → $302M (-$75.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.34M |
| 2 |
Lazard Asset Management
New York
|
+$3.08M |
| 3 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$2.66M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$2.56M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$134M |
| 2 |
JCP
Jabre Capital Partners
Geneva,
Switzerland
|
-$1.82M |
| 3 |
Jane Street
New York
|
-$620K |
| 4 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$431K |
| 5 |
Goldman Sachs
New York
|
-$415K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARTA
101
A.R.T. Advisors
New York
| – | -$410K | -50,096 | Closed |
|
|
QSS
102
Quantitative Systematic Strategies
Ponte Vedra Beach,
Florida
| – | -$275K | -33,776 | Closed |
|
|
FRM
103
Fox Run Management
Greenwich,
Connecticut
| – | -$150K | -18,300 | Closed |
|
104
Wolverine Trading
Chicago,
Illinois
| – | -$163K | -18,233 | Closed |
|
105
HighTower Advisors
Chicago,
Illinois
| – | -$132K | -16,018 | Closed |
|
106
CIBC World Market
Toronto,
Ontario, Canada
| – | -$124K | -15,077 | Closed |
|
|
H
107
Hexavest
Montreal,
Quebec, Canada
| – | -$28K | -3,409 | Closed |
|
108
Creative Planning
Overland Park,
Kansas
| – | -$6K | -757 | Closed |
|
|
CTC
109
Central Trust Company
Jefferson City,
Missouri
| – | -$3K | -315 | Closed |
|
|
CG
110
Cutler Group
San Francisco,
California
| – | -$896 | -100 | Closed |
|
TKC Hedge Fund Activity: Q3 2017 in Review
98 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q3 2017, worth a combined $302M — down 20% from $377M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TKC positions and 14 closed out — a net gain of 4 holders — while 49 added to existing stakes and 16 trimmed.
The largest buyer was Bank of America, adding an estimated $6.34M. The largest seller was Franklin Resources, cutting an estimated $134M.
- 98 institutional investors held Turkcell (TKC) as of Q3 2017, up from 95 in Q2 2017.
- Funds reported $302M of Turkcell stock for Q3 2017, down 20% quarter-over-quarter.
- 18 funds opened new Turkcell positions in Q3 2017 and 14 closed out, a net change of +4 holders.
- The largest Turkcell buyer in Q3 2017 was Bank of America, an estimated $6.34M added.
- The largest Turkcell seller in Q3 2017 was Franklin Resources, an estimated $134M sold.
Based on aggregated 13F filings for Q3 2017.