Telefônica Brasil
189 hedge funds and large institutions have $2.01B invested in Telefônica Brasil in 2019 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 63 increasing their positions, 60 reducing their positions, and 28 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 60
0.5% less ownership
Funds ownership: 15.33% → 14.83% (-0.5%)
2% less capital invested
Capital invested by funds: $2.04B → $2.01B (-$39.5M)
4% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 28
1% less funds holding
Funds holding: 191 → 189 (-2)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
52% less call options, than puts
Call options by funds: $353K | Put options by funds: $738K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$34.8M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$12.9M |
| 3 |
JP Morgan Chase
New York
|
+$11M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$10M |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$5.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$57.7M |
| 2 |
Goldman Sachs
New York
|
-$21.6M |
| 3 |
Renaissance Technologies
New York
|
-$15.5M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$13.9M |
| 5 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$9.36M |
VIV Hedge Fund Activity: Q1 2019 in Review
189 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Telefônica Brasil (VIV) for Q1 2019, worth a combined $2.01B — down 1.9% from $2.04B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of VIV and 27 opened new positions — a net loss of 1 holder — while 60 trimmed existing stakes and 63 added.
The largest buyer was Causeway Capital Management, opening a new position worth an estimated $34.8M. The largest seller was Pzena Investment Management, cutting an estimated $57.7M.
- 189 institutional investors held Telefônica Brasil (VIV) as of Q1 2019, down from 191 in Q4 2018.
- Funds reported $2.01B of Telefônica Brasil stock for Q1 2019, down 1.9% quarter-over-quarter.
- 27 funds opened new Telefônica Brasil positions in Q1 2019 and 28 closed out, a net change of -1 holder.
- The largest Telefônica Brasil buyer in Q1 2019 was Causeway Capital Management, an estimated $34.8M added.
- The largest Telefônica Brasil seller in Q1 2019 was Pzena Investment Management, an estimated $57.7M sold.
Based on aggregated 13F filings for Q1 2019.