Mitel Networks Corporation (NASDAQ:MITL), a $1.1 billion company engaged in business communication, has been added to the equity portfolio of Fiera Capital Corporation. The investor reported ownership of 5.41 million shares of the company, equal to 5.5% of the outstanding stock. The holding is passive by nature. Mitel Networks Corporation (NASDAQ:MITL)’s stock has gained around 8.4% since the beginning of the year.
Renaissance Technologies, led by Jim Simons, is another shareholder of Mitel Networks Corporation (NASDAQ:MITL), declining its stake by 23% during the first quarter to 1.19 million shares, worth $12.65 million. Ira Unschuld‘s Brant Point Investment Management has initiated a stake in the company during the same period, reporting a $11.17 million position, containing 1.06 million shares.