VOD

Emirates Telecommunications Lifts Vodafone Stake to 10%

Fintel reports that Emirates Telecommunications Group has filed a 13G/A form with the SEC disclosing ownership of 2,752,397,163 shares of Vodafone Group Plc (VOD). This represents 10.0% of the company.

In their previous filing dated May 16, 2022 they reported 2,766,197,163 shares and 9.81% of the company, a decrease in shares of 0.50% and an increase in total ownership of 0.19% (calculated as current - previous percent ownership).

They have filed two 13D/G filings since May 16, 2022.

In May Emirates unveiled a 9.8% stake in the company, making it the largest shareholder. It paid a roughly 10% premium to the market price for the shares.

What are other large shareholders doing?

Renaissance Technologies Llc holds 23,913,676 shares representing 0.09% ownership of the company. In it's prior filing, the firm reported owning 27,537,932 shares, representing a decrease of 15.16%. The firm decreased its portfolio allocation in VOD by 17.88% over the last quarter.

Hotchkis & Wiley Capital Management Llc holds 19,186,148 shares representing 0.07% ownership of the company. In it's prior filing, the firm reported owning 21,478,885 shares, representing a decrease of 11.95%. The firm increased its portfolio allocation in VOD by 4.59% over the last quarter.

Price T Rowe Associates Inc /md/ holds 17,805,251 shares representing 0.06% ownership of the company. In it's prior filing, the firm reported owning 16,882,822 shares, representing an increase of 5.18%. The firm increased its portfolio allocation in VOD by 23.88% over the last quarter.

Bank Of America Corp /de/ holds 13,963,666 shares representing 0.05% ownership of the company. In it's prior filing, the firm reported owning 13,170,727 shares, representing an increase of 5.68%. The firm increased its portfolio allocation in VOD by 16.32% over the last quarter.

ACR Alpine Capital Research, LLC holds 13,504,877 shares representing 0.05% ownership of the company. In it's prior filing, the firm reported owning 12,234,557 shares, representing an increase of 9.41%. The firm decreased its portfolio allocation in VOD by 42.15% over the last quarter.

What is the overall institutional sentiment?

There are 671 funds or institutions reporting positions in Vodafone Group Plc. This is an increase of 9 owner(s) or 1.36%.

Average portfolio weight of all funds dedicated to Vodafone Group Plc is 0.2359%, a decrease of 16.5641%. Total shares owned by institutions increased in the last three months by 2.12% to 269,941,916 shares.

 

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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