Turkcell
101 hedge funds and large institutions have $856M invested in Turkcell in 2014 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 24 reducing their positions, and 34 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 24
19% more capital invested
Capital invested by funds: $718M → $856M (+$138M)
0.38% more ownership
Funds ownership: 2.44% → 2.83% (+0.38%)
16% less funds holding
Funds holding: 120 → 101 (-19)
47% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 34
97% less call options, than puts
Call options by funds: $32K | Put options by funds: $1.26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$122M |
| 2 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
+$19.5M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$11.5M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$8.67M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$8.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Scout Investments
Kansas City,
Missouri
|
-$75.6M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$9.29M |
| 3 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$3.82M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.44M |
| 5 |
Renaissance Technologies
New York
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
JP Morgan Chase
New York
| – | -$150K | -11,224 | Closed |
|
127
Citadel Advisors
Miami,
Florida
| – | -$135K | -10,141 | Closed |
|
|
HNB
128
Huntington National Bank
Columbus,
Ohio
| – | -$52K | -3,920 | Closed |
|
|
CGT
129
Capital Guardian Trust
Los Angeles,
California
| – | -$27K | -2,000 | Closed |
|
|
BIT
130
BlackRock Institutional Trust
San Francisco,
California
| – | -$14K | -1,032 | Closed |
|
131
Creative Planning
Overland Park,
Kansas
| – | -$7K | -500 | Closed |
|
|
WA
132
Waverly Advisors
Birmingham,
Alabama
| – | -$2K | -182 | Closed |
|
|
PMFA
133
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$2K | -155 | Closed |
|
|
EWM
134
Elite Wealth Management
Kirkland,
Washington
| – | -$2K | -144 | Closed |
|
|
ASN
135
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -75 | Closed |
|
TKC Hedge Fund Activity: Q1 2014 in Review
101 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q1 2014, worth a combined $856M — up 19% from $718M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of TKC and 18 opened new positions — a net loss of 16 holders — while 24 trimmed existing stakes and 36 added.
The largest buyer was Franklin Resources, adding an estimated $122M. The largest seller was Scout Investments, exiting entirely with an estimated $75.6M sold.
- 101 institutional investors held Turkcell (TKC) as of Q1 2014, down from 120 in Q4 2013.
- Funds reported $856M of Turkcell stock for Q1 2014, up 19% quarter-over-quarter.
- 18 funds opened new Turkcell positions in Q1 2014 and 34 closed out, a net change of -16 holders.
- The largest Turkcell buyer in Q1 2014 was Franklin Resources, an estimated $122M added.
- The largest Turkcell seller in Q1 2014 was Scout Investments, an estimated $75.6M sold.
Based on aggregated 13F filings for Q1 2014.