T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
TMUSP was delisted on the 15th of December, 2017.
52 hedge funds and large institutions have $1.5B invested in T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 7 closing their positions.
14% more capital invested
Capital invested by funds: $1.32B → $1.5B (+$180M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less funds holding
Funds holding: 54 → 52 (-2)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$55.1M |
| 2 |
Goldman Sachs
New York
|
+$16.5M |
| 3 |
AGC
Angelo Gordon & Co
New York
|
+$14.1M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$11.8M |
| 5 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$57.3M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$28.9M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$18.1M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$13.2M |
| 5 |
PC
Polar Capital
London,
United Kingdom
|
-$11.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CPS
51
Counsel Portfolio Services
Mississauga,
Ontario, Canada
| $417K | – | – | – |
|
52
SEI Investments
Oaks,
Pennsylvania
| $63K | – | – | – |
|
|
AG
53
Advisor Group
Phoenix,
Arizona
| $16K | +$16.7K | +237 | New |
|
54
Barclays
London,
United Kingdom
| $15K | +$14K | +199 | New |
|
|
MFS
55
MSI Financial Services
Springfield,
Massachusetts
| $5K | – | – | – |
|
|
HCM
56
Highbridge Capital Management
New York
| – | -$28.9M | -436,199 | Closed |
|
|
WAM
57
Weiss Asset Management
Boston,
Massachusetts
| – | -$13.2M | -200,000 | Closed |
|
|
CL
58
CSS LLC
Chicago,
Illinois
| – | -$482K | -7,283 | Closed |
|
59
UBS Group
Zurich,
Switzerland
| – | -$23K | -349 | Closed |
|
|
BIM
60
BlackRock Investment Management
Wilmington,
Delaware
| – | -$10K | -150 | Closed |
|
|
WA
61
WFG Advisors
Dallas,
Texas
| – | -$5K | -75 | Closed |
|
62
Creative Planning
Overland Park,
Kansas
| – | -$2K | -26 | Closed |
|
TMUSP Hedge Fund Activity: Q2 2016 in Review
52 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A (TMUSP) for Q2 2016, worth a combined $1.5B — up 14% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TMUSP and 5 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 16 added.
The largest buyer was Camden Asset Management, adding an estimated $55.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $57.3M.
- 52 institutional investors held T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A (TMUSP) as of Q2 2016, down from 54 in Q1 2016.
- Funds reported $1.5B of T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A stock for Q2 2016, up 14% quarter-over-quarter.
- 5 funds opened new T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A positions in Q2 2016 and 7 closed out, a net change of -2 holders.
- The largest T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A buyer in Q2 2016 was Camden Asset Management, an estimated $55.1M added.
- The largest T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A seller in Q2 2016 was T. Rowe Price Associates, an estimated $57.3M sold.
Based on aggregated 13F filings for Q2 2016.