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Turkcell

86 hedge funds and large institutions have $432M invested in Turkcell in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 31 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more call options, than puts

Call options by funds: $1.13M | Put options by funds: $718K

0.25% less ownership

Funds ownership: 2.69%2.43% (-0.25%)

4% less funds holding

Funds holding: 9086 (-4)

16% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 31

20% less capital invested

Capital invested by funds: $541M → $432M (-$109M)

23% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 13

Holders
86
Holders Change
-4
Holders Change %
-4.44%
% of All Funds
2.29%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
26
Reduced
31
Closed
13
Calls
$1.13M
Puts
$718K
Net Calls
+$415K
Net Calls Change
+$212K
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$226M -$4.8M -559,295 -2%
Lazard Asset Management
2
Lazard Asset Management
New York
$53.4M -$2.77M -322,548 -5%
Morgan Stanley
3
Morgan Stanley
New York
$29.3M +$532K +62,057 +2%
OP
4
Oldfield Partners
United Kingdom
$25.6M -$308K -35,900 -1%
Macquarie Group
5
Macquarie Group
Australia
$24.9M -$24.4M -2,843,073 -48%
Wells Fargo
6
Wells Fargo
California
$8.16M -$1.44M -168,044 -14%
Bank of America
7
Bank of America
North Carolina
$7.55M +$284K +33,097 +4%
GF
8
Gabelli Funds
New York
$5.21M -$25.7K -3,000 -0.5%
NIMC
9
NWQ Investment Management Company
California
$4.88M +$5.19M +604,966 New
USAA
10
United Services Automobile Association
Texas
$4.56M -$72K -8,400 -1%
KAM
11
Knightsbridge Asset Management
California
$4.23M -$166K -19,350 -4%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$4.03M +$16.9K +1,973 +0.4%
Northern Trust
13
Northern Trust
Illinois
$3.72M +$573K +66,825 +17%
RJA
14
Raymond James & Associates
Florida
$2.87M +$48.8K +5,687 +2%
Natixis Advisors
15
Natixis Advisors
Massachusetts
$2.56M -$213K -24,806 -7%
ERSOT
16
Employees Retirement System of Texas
Texas
$2.55M -$290K -33,800 -10%
Grantham, Mayo, Van Otterloo & Co (GMO)
17
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$2.43M -$117K -13,600 -4%
EA
18
Emerald Acquisition
Washington
$2.16M -$2.17M -253,358 -49%
AG
19
Aperio Group
California
$1.79M -$251K -29,280 -12%
GH
20
GAM Holding
Switzerland
$1.35M +$606K +70,700 +73%
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$1.08M +$321K +37,432 +39%
Goldman Sachs
22
Goldman Sachs
New York
$1.05M +$776K +90,558 +224%
BIT
23
BlackRock Institutional Trust
California
$891K -$104K -12,126 -10%
COI
24
Connable Office Inc
Michigan
$844K +$598K +69,800 +200%
OMC
25
Old Mission Capital
Illinois
$807K +$688K +80,187 +402%

TKC Hedge Fund Activity: Q3 2016 in Review

86 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Turkcell (TKC) for Q3 2016, worth a combined $432M — down 20% from $541M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of TKC and 10 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 26 added.

The largest buyer was NWQ Investment Management Company, opening a new position worth an estimated $5.19M. The largest seller was Macquarie Group, cutting an estimated $24.4M.

  • 86 institutional investors held Turkcell (TKC) as of Q3 2016, down from 90 in Q2 2016.
  • Funds reported $432M of Turkcell stock for Q3 2016, down 20% quarter-over-quarter.
  • 10 funds opened new Turkcell positions in Q3 2016 and 13 closed out, a net change of -3 holders.
  • The largest Turkcell buyer in Q3 2016 was NWQ Investment Management Company, an estimated $5.19M added.
  • The largest Turkcell seller in Q3 2016 was Macquarie Group, an estimated $24.4M sold.

Based on aggregated 13F filings for Q3 2016.