T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
TMUSP was delisted on the 15th of December, 2017.
49 hedge funds and large institutions have $1.71B invested in T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 22 reducing their positions, and 8 closing their positions.
1% more capital invested
Capital invested by funds: $1.7B → $1.71B (+$9.51M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less funds holding
Funds holding: 53 → 49 (-4)
41% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 22
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$135M |
| 2 |
OFG
OTA Financial Group
Purchase,
New York
|
+$28.3M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$14.9M |
| 4 |
ES
Equitec Specialists
Chicago,
Illinois
|
+$9.86M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$7.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$73.5M |
| 2 |
SG Americas Securities
New York
|
-$43.8M |
| 3 |
AGC
Angelo Gordon & Co
New York
|
-$25.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.7M |
| 5 |
State Street
Boston,
Massachusetts
|
-$13.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $4K | – | – | – |
|
|
SPIA
52
Steward Partners Investment Advisory
New York
| $3K | -$3.66K | -36 | Closed |
|
|
DCM
53
Discovery Capital Management
South Norwalk,
Connecticut
| – | -$73.5M | -745,000 | Closed |
|
|
AGC
54
Angelo Gordon & Co
New York
| – | -$25.6M | -260,000 | Closed |
|
55
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$6.01M | -61,000 | Closed |
|
|
CL
56
CSS LLC
Chicago,
Illinois
| – | -$3.75M | -38,031 | Closed |
|
57
Wolverine Trading
Chicago,
Illinois
| – | -$246K | -2,506 | Closed |
|
58
UBS Group
Zurich,
Switzerland
| – | -$13K | -136 | Closed |
|
TMUSP Hedge Fund Activity: Q3 2017 in Review
49 of the 4,011 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 Q3 2017, worth a combined $1.71B — up 0.56% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TMUSP and 4 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 13 added.
The largest buyer was Kohlberg Kravis Roberts & Co, adding an estimated $135M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $73.5M sold.
- 49 institutional investors held T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A (TMUSP) as of Q3 2017, down from 53 in Q2 2017.
- Funds reported $1.71B of T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A stock for Q3 2017, up 0.56% quarter-over-quarter.
- 4 funds opened new T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A positions in Q3 2017 and 8 closed out, a net change of -4 holders.
- The largest T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A buyer in Q3 2017 was Kohlberg Kravis Roberts & Co, an estimated $135M added.
- The largest T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A seller in Q3 2017 was Discovery Capital Management, an estimated $73.5M sold.
Based on aggregated 13F filings for Q3 2017.