T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
TMUSP was delisted on the 15th of December, 2017.
53 hedge funds and large institutions have $1.7B invested in T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 22 reducing their positions, and 4 closing their positions.
4% less funds holding
Funds holding: 55 → 53 (-2)
13% less capital invested
Capital invested by funds: $1.96B → $1.7B (-$260M)
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$87M |
| 2 |
D.E. Shaw & Co
New York
|
+$10.6M |
| 3 |
BlackRock
New York
|
+$10.3M |
| 4 |
State Street
Boston,
Massachusetts
|
+$7.06M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$83.4M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
-$63.7M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$39.8M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$27.7M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$13.2M |
TMUSP Hedge Fund Activity: Q2 2017 in Review
53 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 Q2 2017, worth a combined $1.7B — down 13% from $1.96B a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TMUSP and 2 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 14 added.
The largest buyer was Kohlberg Kravis Roberts & Co, adding an estimated $87M. The largest seller was SG Americas Securities, cutting an estimated $83.4M.
- 53 institutional investors held T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A (TMUSP) as of Q2 2017, down from 55 in Q1 2017.
- Funds reported $1.7B of T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A stock for Q2 2017, down 13% quarter-over-quarter.
- 2 funds opened new T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A positions in Q2 2017 and 4 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 2017 was Kohlberg Kravis Roberts & Co, an estimated $87M added.
- The largest T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A seller in Q2 2017 was SG Americas Securities, an estimated $83.4M sold.
Based on aggregated 13F filings for Q2 2017.