Amdocs Ltd (dox) Most Bought Telecom Services Stock By Number Of Institutions

Dec. 8, 2010 - PRLog -- MFFAIS.com featured their Quarterly Telecom Services Industry Rundown. Mffais.com compiles the statistics from recent SEC filings by mutual funds and institutions to determine the positions taken and confidence in stocks by professional mutual fund managers and institutional investors.

Highlights included:

* Amdocs Ltd (DOX) leads industry in number of funds buying shares 7.34% of industry buys

* Axia Netmedia Corp (AXX.TO) had the highest overall confidence score (relation of funds buying versus fund selling)

* Virgin Media Inc (VMED) had second highest number of funds buying shares 6.89% of industry buys

* Allot Communications Ltd (ALLT) had the second highest overall confidence score (relation of funds buying versus fund selling)

* The top 30 moves by funds in the industry by value of trade shows:

a) 53.33% buys versus 46.66% sells
b) Telekomunikasi Indonesia Tbk Pt (TLK) buys were 6.66% of all activity, 12.50% of number of buys and 46.81% of value of buy trades
c) China Telecom Corp Ltd (CHA) buys were 3.33% of all activity, 6.25% of number of buys and 17.48% of value of buy trades

*  When institutions own multiple industry stocks, the most bought industry stock was Bce Inc (BCE)

*  When institutions own multiple industry stocks, the most sold industry stock was Rcn Corp (RCNI)


For details and the full report, including purchasing history and buying patterns, please visit http://www.mffais.com

# # #

MFFAIS.com is the leading source of unique stock market research dedicated to providing individual investors with information listed on public record as fast as possible in an accessible and useful format