Turkcell
TKC
110 hedge funds and large institutions have $380M invested in Turkcell in 2017 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 31 increasing their positions, 32 reducing their positions, and 15 closing their positions.
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
26% more capital invested
Capital invested by funds: $302M → $380M (+$77.9M)
12% more funds holding
Funds holding: 98 → 110 (+12)
0.14% more ownership
Funds ownership: 1.56% → 1.69% (+0.14%)
3% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 32
24% less call options, than puts
Call options by funds: $804K | Put options by funds: $1.05M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RG
Renaissance Group
Covington,
Kentucky
|
+$16M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$10.5M |
| 3 |
OP
Oldfield Partners
London,
United Kingdom
|
+$6.28M |
| 4 |
Lazard Asset Management
New York
|
+$3.68M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$3.95M |
| 2 |
Millennium Management
New York
|
-$2.96M |
| 3 |
Morgan Stanley
New York
|
-$2.6M |
| 4 |
D.E. Shaw & Co
New York
|
-$2.59M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$1.83M |
TKC Hedge Fund Activity: Q4 2017 in Review
110 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q4 2017, worth a combined $380M — up 26% from $302M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new TKC positions and 15 closed out — a net gain of 13 holders — while 31 added to existing stakes and 32 trimmed.
The largest buyer was Renaissance Group, opening a new position worth an estimated $16M. The largest seller was Glovista Investments, exiting entirely with an estimated $3.95M sold.
- 110 institutional investors held Turkcell (TKC) as of Q4 2017, up from 98 in Q3 2017.
- Funds reported $380M of Turkcell stock for Q4 2017, up 26% quarter-over-quarter.
- 28 funds opened new Turkcell positions in Q4 2017 and 15 closed out, a net change of +13 holders.
- The largest Turkcell buyer in Q4 2017 was Renaissance Group, an estimated $16M added.
- The largest Turkcell seller in Q4 2017 was Glovista Investments, an estimated $3.95M sold.
Based on aggregated 13F filings for Q4 2017.