Jim O’brien increased its stake in Time Warner Cable Inc (TWC) by 59.06% based on its latest 2016Q2 regulatory filing with the SEC. Napier Park Global Capital Us Lp bought 81,811 shares as the company’s stock 0.00% . The hedge fund run by Jim O’brien held 220,328 shares of the television services company at the end of 2016Q2, valued at $45.08 million, up from 138,517 at the end of the previous reported quarter. Napier Park Global Capital Us Lp who had been investing in Time Warner Cable Inc for a number of months, seems to be bullish on the $ market cap company. The stock last traded at $0 per share. It is down 6.00% since September 6, 2016 and is uptrending. It has underperformed by 2.34% the S&P500.
Napier Park Global Capital Us Lp is a New York-based hedge fund that was founded by Jim O’brien And Jonathan Dorfman. It had more than $5.07 billion assets under management in June, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Napier Park Global Capital Us latest Adv, the fund reported to have 88 full and part-time employees. Among which 24 performing investment advisory and research functions. The hedge fund had between 26-100 clients.
Insitutional Activity: The institutional sentiment decreased to 0 in 2016 Q2. Its down 0.93, from 0.93 in 2016Q1. The ratio fall, as 600 funds sold all TWC shares owned while 0 reduced positions. 1 funds bought stakes while 1 increased positions. They now own 194,823 shares or 99.92% less from 248.53 million shares in 2016Q1. North Star Asset Management owns 2,177 shares or 0.05% of their US portfolio. Janney Montgomery Scott Lc holds 0.01% of its portfolio in Time Warner Cable Inc (NYSE:TWC) for 2,291 shares. Moreover, Orinda Asset Mgmt Ltd Liability Corp has 2.66% invested in Time Warner Cable Inc (NYSE:TWC) for 11,758 shares. Parsons Capital Mgmt Inc Ri has 2,980 shares for 0.08% of their US portfolio. Horrell Management has 8 shares for 0% of their US portfolio. Douglass Winthrop Lc last reported 3,690 shares in the company. Nelson Van Denburg Campbell Wealth Mgmt Gp Limited Liability Co accumulated 0% or 3 shares. Huntington Bancorp last reported 0.01% of its portfolio in the stock. Great West Life Assurance Can holds 0.13% or 170,043 shares in its portfolio.
More notable recent Time Warner Cable Inc (NYSE:TWC) news were published by: Bloomberg.com which released: “So Long Time Warner Cable: Charter to Retire Maligned Brand” on May 17, 2016, also Wsj.com with their article: “Time Warner Cable Sees Chance to Resist Rising Cost of Carrying Channels” published on January 28, 2016, Reuters.com published: “US approves Charter’s Time Warner Cable buy with conditions” on April 25, 2016. More interesting news about Time Warner Cable Inc (NYSE:TWC) were released by: Reuters.com and their article: “FCC confirms approval of Charter, Time Warner Cable merger” published on May 06, 2016 as well as Wsj.com‘s news article titled: “Sirâ€¦Sir! You Need to Call the ‘Other’ Time Warner” with publication date: June 01, 2016.