T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
TMUSP was delisted on the 15th of December, 2017.
48 hedge funds and large institutions have $1.82B invested in T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 10 closing their positions.
27% more capital invested
Capital invested by funds: $1.44B → $1.82B (+$381M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
8% less funds holding
Funds holding: 52 → 48 (-4)
38% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 21
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$130M |
| 2 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$71.6M |
| 3 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$51.1M |
| 4 |
State Street
Boston,
Massachusetts
|
+$44.1M |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
+$36.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$130M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$75.1M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$26.9M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$20.6M |
| 5 |
Citigroup
New York
|
-$11.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Goldman Sachs
New York
| – | -$10M | -128,202 | Closed |
|
|
IGIM
52
I.G. Investment Management
Winnipeg,
Manitoba, Canada
| – | -$3.19M | -40,830 | Closed |
|
53
Fidelity International
Hamilton,
Bermuda
| – | -$1.16M | -14,809 | Closed |
|
54
Barclays
London,
United Kingdom
| – | -$266K | -3,408 | Closed |
|
55
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$238K | -3,051 | Closed |
|
|
WAM
56
Wolverine Asset Management
Chicago,
Illinois
| – | -$174K | -2,236 | Closed |
|
|
FTUS
57
Flow Traders U.S.
New York
| – | -$159K | -2,040 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$26K | -335 | Closed |
|
TMUSP Hedge Fund Activity: Q4 2016 in Review
48 of the 4,000 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 Q4 2016, worth a combined $1.82B — up 27% from $1.44B a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TMUSP and 6 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 13 added.
The largest buyer was Public Sector Pension Investment Board (PSP Investments), opening a new position worth an estimated $130M. The largest seller was AQR Arbitrage, cutting an estimated $130M.
- 48 institutional investors held T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A (TMUSP) as of Q4 2016, down from 52 in Q3 2016.
- Funds reported $1.82B of T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A stock for Q4 2016, up 27% quarter-over-quarter.
- 6 funds opened new T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A positions in Q4 2016 and 10 closed out, a net change of -4 holders.
- The largest T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A buyer in Q4 2016 was Public Sector Pension Investment Board (PSP Investments), an estimated $130M added.
- The largest T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A seller in Q4 2016 was AQR Arbitrage, an estimated $130M sold.
Based on aggregated 13F filings for Q4 2016.