Telefônica Brasil
181 hedge funds and large institutions have $1.64B invested in Telefônica Brasil in 2013 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 57 increasing their positions, 59 reducing their positions, and 22 closing their positions.
45% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 22
5% more funds holding
Funds holding: 172 → 181 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.01% less ownership
Funds ownership: 11.36% → 11.34% (-0.01%)
3% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 59
14% less capital invested
Capital invested by funds: $1.89B → $1.64B (-$259M)
79% less call options, than puts
Call options by funds: $438K | Put options by funds: $2.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$56.9M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$44.4M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$29.5M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$21.7M |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$41.6M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$38.1M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
-$30.8M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$29.1M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$27.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
201
WFG Advisors
Dallas,
Texas
| – | +$20 | +1 | +6% |
|
202
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$508 | +25 | New |
|
VIV Hedge Fund Activity: Q4 2013 in Review
181 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Telefônica Brasil (VIV) for Q4 2013, worth a combined $1.64B — down 14% from $1.89B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new VIV positions and 22 closed out — a net gain of 10 holders — while 57 added to existing stakes and 59 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $56.9M. The largest seller was Thornburg Investment Management, cutting an estimated $41.6M.
- 181 institutional investors held Telefônica Brasil (VIV) as of Q4 2013, up from 172 in Q3 2013.
- Funds reported $1.64B of Telefônica Brasil stock for Q4 2013, down 14% quarter-over-quarter.
- 32 funds opened new Telefônica Brasil positions in Q4 2013 and 22 closed out, a net change of +10 holders.
- The largest Telefônica Brasil buyer in Q4 2013 was Massachusetts Financial Services, an estimated $56.9M added.
- The largest Telefônica Brasil seller in Q4 2013 was Thornburg Investment Management, an estimated $41.6M sold.
Based on aggregated 13F filings for Q4 2013.