Turkcell
106 hedge funds and large institutions have $122M invested in Turkcell in 2018 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 25 increasing their positions, 31 reducing their positions, and 23 closing their positions.
30% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 23
5% more funds holding
Funds holding: 101 → 106 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.28% less ownership
Funds ownership: 1.51% → 1.22% (-0.28%)
19% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 31
24% less capital invested
Capital invested by funds: $160M → $122M (-$38.3M)
52% less call options, than puts
Call options by funds: $545K | Put options by funds: $1.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$6.57M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$3.49M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$2.78M |
| 4 |
OP
Oldfield Partners
London,
United Kingdom
|
+$2.73M |
| 5 |
Millennium Management
New York
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$14.8M |
| 2 |
Lazard Asset Management
New York
|
-$11.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.84M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.05M |
| 5 |
Two Sigma Investments
New York
|
-$3.88M |
TKC Hedge Fund Activity: Q4 2018 in Review
106 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q4 2018, worth a combined $122M — down 24% from $160M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TKC positions and 23 closed out — a net gain of 7 holders — while 25 added to existing stakes and 31 trimmed.
The largest buyer was Freestone Capital Holdings, adding an estimated $6.57M. The largest seller was JP Morgan Chase, cutting an estimated $14.8M.
- 106 institutional investors held Turkcell (TKC) as of Q4 2018, up from 101 in Q3 2018.
- Funds reported $122M of Turkcell stock for Q4 2018, down 24% quarter-over-quarter.
- 30 funds opened new Turkcell positions in Q4 2018 and 23 closed out, a net change of +7 holders.
- The largest Turkcell buyer in Q4 2018 was Freestone Capital Holdings, an estimated $6.57M added.
- The largest Turkcell seller in Q4 2018 was JP Morgan Chase, an estimated $14.8M sold.
Based on aggregated 13F filings for Q4 2018.