Vodafone
670 hedge funds and large institutions have $10.2B invested in Vodafone in 2014 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 262 increasing their positions, 256 reducing their positions, and 150 closing their positions.
39% more call options, than puts
Call options by funds: $1.05B | Put options by funds: $754M
2% more repeat investments, than reductions
Existing positions increased: 262 | Existing positions reduced: 256
3.56% less ownership
Funds ownership: 52.91% → 49.35% (-3.6%)
11% less funds holding
Funds holding: 752 → 670 (-82)
15% less capital invested
Capital invested by funds: $12.1B → $10.2B (-$1.86B)
53% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 150
57% less funds holding in top 10
Funds holding in top 10: 21 → 9 (-12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$297M |
| 2 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$113M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$96.8M |
| 4 |
JP Morgan Chase
New York
|
+$81M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$77.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$283M |
| 2 |
Dodge & Cox
San Francisco,
California
|
-$157M |
| 3 |
IC
Institutional Capital
Chicago,
Illinois
|
-$123M |
| 4 |
State Farm Mutual Automobile Insurance
Bloomington,
Illinois
|
-$122M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$105M |
VOD Hedge Fund Activity: Q2 2014 in Review
670 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Vodafone (VOD) for Q2 2014, worth a combined $10.2B — down 15% from $12.1B a quarter earlier.
Sellers outnumbered buyers: 150 funds closed out of VOD and 70 opened new positions — a net loss of 80 holders — while 256 trimmed existing stakes and 262 added.
The largest buyer was Thornburg Investment Management, opening a new position worth an estimated $297M. The largest seller was Fidelity Investments, cutting an estimated $283M.
- 670 institutional investors held Vodafone (VOD) as of Q2 2014, down from 752 in Q1 2014.
- Funds reported $10.2B of Vodafone stock for Q2 2014, down 15% quarter-over-quarter.
- 70 funds opened new Vodafone positions in Q2 2014 and 150 closed out, a net change of -80 holders.
- The largest Vodafone buyer in Q2 2014 was Thornburg Investment Management, an estimated $297M added.
- The largest Vodafone seller in Q2 2014 was Fidelity Investments, an estimated $283M sold.
Based on aggregated 13F filings for Q2 2014.