TELECOMMUNICATIONS SYS INC "A"
TSYS
TSYS was delisted on the 23rd of February, 2016.
87 hedge funds and large institutions have $172M invested in TELECOMMUNICATIONS SYS INC "A" in 2015 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 26 closing their positions.
571% more call options, than puts
Call options by funds: $564K | Put options by funds: $84K
49% more capital invested
Capital invested by funds: $116M → $172M (+$56.9M)
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
31% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 26
9% more funds holding
Funds holding: 80 → 87 (+7)
100% less funds holding in top 10
Funds holding in top 10: 5 → 0 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$18.7M |
| 2 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$9.48M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$9.16M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$6.22M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$6.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
-$11.6M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$10.9M |
| 3 |
MAP
Managed Asset Portfolios
Rochester,
Michigan
|
-$8.96M |
| 4 |
RA
Royce & Associates
New York
|
-$3.87M |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$3.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
101
Coe Capital Management
Highland Park,
Illinois
| – | -$499K | -144,982 | Closed |
|
|
TBAM
102
True Bearing Asset Management
San Francisco,
California
| – | -$496K | -144,169 | Closed |
|
|
MCM
103
Marathon Capital Management
Hunt Valley,
Maryland
| – | -$473K | -137,500 | Closed |
|
|
SIM
104
Spark Investment Management
New York
| – | -$266K | -77,500 | Closed |
|
|
SCM
105
Summit Capital Management
Seattle,
Washington
| – | -$224K | -65,000 | Closed |
|
106
Axa
Paris,
France
| – | -$207K | -60,163 | Closed |
|
107
SG Americas Securities
New York
| – | -$104K | -30,254 | Closed |
|
|
GCP
108
GSA Capital Partners
London,
United Kingdom
| – | -$75K | -21,721 | Closed |
|
109
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$56K | -16,400 | Closed |
|
|
CCMH
110
Cornerstone Capital Management Holdings
New York
| – | -$38K | -10,903 | Closed |
|
111
Barclays
London,
United Kingdom
| – | -$5K | -1,547 | Closed |
|
112
Simplex Trading
Chicago,
Illinois
| – | -$84 | -19 | Closed |
|
TSYS Hedge Fund Activity: Q4 2015 in Review
87 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in TELECOMMUNICATIONS SYS INC "A" (TSYS) for Q4 2015, worth a combined $172M — up 49% from $116M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new TSYS positions and 26 closed out — a net gain of 8 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $18.7M. The largest seller was Northern Right Capital Management, exiting entirely with an estimated $11.6M sold.
- 87 institutional investors held TELECOMMUNICATIONS SYS INC "A" (TSYS) as of Q4 2015, up from 80 in Q3 2015.
- Funds reported $172M of TELECOMMUNICATIONS SYS INC "A" stock for Q4 2015, up 49% quarter-over-quarter.
- 34 funds opened new TELECOMMUNICATIONS SYS INC "A" positions in Q4 2015 and 26 closed out, a net change of +8 holders.
- The largest TELECOMMUNICATIONS SYS INC "A" buyer in Q4 2015 was Morgan Stanley, an estimated $18.7M added.
- The largest TELECOMMUNICATIONS SYS INC "A" seller in Q4 2015 was Northern Right Capital Management, an estimated $11.6M sold.
Based on aggregated 13F filings for Q4 2015.