Custom Truck One Source
CTOS
63 hedge funds and large institutions have $360M invested in Custom Truck One Source in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 14 closing their positions.
225% more call options, than puts
Call options by funds: $1.41M | Put options by funds: $435K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
20% more capital invested
Capital invested by funds: $299M → $360M (+$61.1M)
4.95% less ownership
Funds ownership: 83.3% → 78.36% (-4.9%)
6% less funds holding
Funds holding: 67 → 63 (-4)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.7M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$4.56M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$4.21M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.06M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$11.9M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$10.1M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$9.37M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$3.39M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.66M |
CTOS Hedge Fund Activity: Q1 2021 in Review
63 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Custom Truck One Source (CTOS) for Q1 2021, worth a combined $360M — up 20% from $299M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CTOS and 10 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 24 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $11.7M. The largest seller was Phoenix Financial, exiting entirely with an estimated $11.9M sold.
- 63 institutional investors held Custom Truck One Source (CTOS) as of Q1 2021, down from 67 in Q4 2020.
- Funds reported $360M of Custom Truck One Source stock for Q1 2021, up 20% quarter-over-quarter.
- 10 funds opened new Custom Truck One Source positions in Q1 2021 and 14 closed out, a net change of -4 holders.
- The largest Custom Truck One Source buyer in Q1 2021 was Fidelity Investments, an estimated $11.7M added.
- The largest Custom Truck One Source seller in Q1 2021 was Phoenix Financial, an estimated $11.9M sold.
Based on aggregated 13F filings for Q1 2021.