Institutional investors purchased a net $2.4 million shares of OIBR during the quarter ended September 2015 and now own 38.22% of the total shares outstanding. This is a greater percentage than is typical for companies in the Major Telecommunications industry and highlights that the smart money sees this stock as an important holding.
Mutual fund holders
Largest Quarterly Institutional Transactions
Latest Institutional Activity
MERRILL LYNCH INTERNATIONAL Bought 2.3 Million shares of Oi SA
SABA CAPITAL MANAGEMENT LP Bought 1.2 Million shares of Oi SA
VAN ECK ASSOCIATES CORP. Bought 1.0 Million shares of Oi SA