Is TIM Participacoes SA (NYSE:TSU) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. The top picks of these firms have historically outperformed the market when we account for known risk factors, making them very valuable investment ideas.
TIM Participacoes SA (NYSE:TSU) was in 16 hedge funds' portfolios at the end of March. TSU has experienced an increase in activity from the world's largest hedge funds in recent months. There were 14 hedge funds in our database with TSU positions at the end of the previous quarter. Our calculations also showed that tsu isn't among the 30 most popular stocks among hedge funds.
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Let's take a look at the fresh hedge fund action surrounding TIM Participacoes SA (NYSE:TSU).
Hedge fund activity in TIM Participacoes SA (NYSE:TSU)
Heading into the second quarter of 2019, a total of 16 of the hedge funds tracked by Insider Monkey were long this stock, a change of 14% from the previous quarter. Below, you can check out the change in hedge fund sentiment towards TSU over the last 15 quarters. So, let's check out which hedge funds were among the top holders of the stock and which hedge funds were making big moves.
Among these funds, AQR Capital Management held the most valuable stake in TIM Participacoes SA (NYSE:TSU), which was worth $113 million at the end of the first quarter. On the second spot was Paulson & Co which amassed $75.4 million worth of shares. Moreover, Renaissance Technologies, GoldenTree Asset Management, and Citadel Investment Group were also bullish on TIM Participacoes SA (NYSE:TSU), allocating a large percentage of their portfolios to this stock.