Telefônica Brasil
178 hedge funds and large institutions have $2.18B invested in Telefônica Brasil in 2014 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 69 increasing their positions, 45 reducing their positions, and 12 closing their positions.
125% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 12
53% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 45
9% more funds holding
Funds holding: 163 → 178 (+15)
0.19% less ownership
Funds ownership: 14.38% → 14.19% (-0.19%)
5% less capital invested
Capital invested by funds: $2.29B → $2.18B (-$107M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
50% less call options, than puts
Call options by funds: $1.13M | Put options by funds: $2.25M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$29.4M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$26M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$20.6M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$15.8M |
| 5 |
MWR
McAdams Wright Ragen
Seattle,
Washington
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$95M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$59.3M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$22.1M |
| 4 |
Millennium Management
New York
|
-$11.2M |
| 5 |
BCPEM
Bain Capital Public Equity Management
Boston,
Massachusetts
|
-$11.1M |
VIV Hedge Fund Activity: Q2 2014 in Review
178 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Telefônica Brasil (VIV) for Q2 2014, worth a combined $2.18B — down 4.7% from $2.29B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new VIV positions and 12 closed out — a net gain of 15 holders — while 69 added to existing stakes and 45 trimmed.
The largest buyer was Brandes Investment Partners, adding an estimated $29.4M. The largest seller was Thornburg Investment Management, cutting an estimated $95M.
- 178 institutional investors held Telefônica Brasil (VIV) as of Q2 2014, up from 163 in Q1 2014.
- Funds reported $2.18B of Telefônica Brasil stock for Q2 2014, down 4.7% quarter-over-quarter.
- 27 funds opened new Telefônica Brasil positions in Q2 2014 and 12 closed out, a net change of +15 holders.
- The largest Telefônica Brasil buyer in Q2 2014 was Brandes Investment Partners, an estimated $29.4M added.
- The largest Telefônica Brasil seller in Q2 2014 was Thornburg Investment Management, an estimated $95M sold.
Based on aggregated 13F filings for Q2 2014.