Turkcell
90 hedge funds and large institutions have $514M invested in Turkcell in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 33 increasing their positions, 18 reducing their positions, and 17 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 18
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
19% more call options, than puts
Call options by funds: $1.29M | Put options by funds: $1.08M
3% more funds holding
Funds holding: 87 → 90 (+3)
0.05% less ownership
Funds ownership: 2.61% → 2.55% (-0.05%)
15% less capital invested
Capital invested by funds: $603M → $514M (-$88.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.88M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.17M |
| 3 |
Renaissance Technologies
New York
|
+$1.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$986K |
| 5 |
AAM
Azzad Asset Management
Falls Church,
Virginia
|
+$766K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$8.97M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.65M |
| 3 |
BlackRock
New York
|
-$1.52M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$1.3M |
| 5 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
-$1.14M |
TKC Hedge Fund Activity: Q2 2016 in Review
90 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q2 2016, worth a combined $514M — down 15% from $603M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TKC positions and 17 closed out — a net gain of 4 holders — while 33 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.88M. The largest seller was First Trust Advisors, exiting entirely with an estimated $8.97M sold.
- 90 institutional investors held Turkcell (TKC) as of Q2 2016, up from 87 in Q1 2016.
- Funds reported $514M of Turkcell stock for Q2 2016, down 15% quarter-over-quarter.
- 21 funds opened new Turkcell positions in Q2 2016 and 17 closed out, a net change of +4 holders.
- The largest Turkcell buyer in Q2 2016 was Morgan Stanley, an estimated $1.88M added.
- The largest Turkcell seller in Q2 2016 was First Trust Advisors, an estimated $8.97M sold.
Based on aggregated 13F filings for Q2 2016.