TAL Education Group
256 hedge funds and large institutions have $8.11B invested in TAL Education Group in 2018 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 114 increasing their positions, 83 reducing their positions, and 71 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 83
19.4% more ownership
Funds ownership: 310.95% → 330.36% (+19%)
13% less funds holding
Funds holding: 293 → 256 (-37)
26% less capital invested
Capital invested by funds: $10.9B → $8.11B (-$2.78B)
43% less funds holding in top 10
Funds holding in top 10: 23 → 13 (-10)
46% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 71
81% less call options, than puts
Call options by funds: $67.4M | Put options by funds: $364M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tybourne Capital Management
Hong Kong
|
+$353M |
| 2 |
Morgan Stanley
New York
|
+$312M |
| 3 |
BAM
Brilliance Asset Management
Admiralty, Hong Kong,
Hong Kong
|
+$107M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$68.1M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$67.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$211M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$194M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$104M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$78.1M |
| 5 |
HFM
Harvest Fund Management
Beijing,
China
|
-$49.5M |
TAL Hedge Fund Activity: Q3 2018 in Review
256 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in TAL Education Group (TAL) for Q3 2018, worth a combined $8.11B — down 26% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of TAL and 38 opened new positions — a net loss of 33 holders — while 83 trimmed existing stakes and 114 added.
The largest buyer was Tybourne Capital Management, opening a new position worth an estimated $353M. The largest seller was Coatue Management, cutting an estimated $211M.
- 256 institutional investors held TAL Education Group (TAL) as of Q3 2018, down from 293 in Q2 2018.
- Funds reported $8.11B of TAL Education Group stock for Q3 2018, down 26% quarter-over-quarter.
- 38 funds opened new TAL Education Group positions in Q3 2018 and 71 closed out, a net change of -33 holders.
- The largest TAL Education Group buyer in Q3 2018 was Tybourne Capital Management, an estimated $353M added.
- The largest TAL Education Group seller in Q3 2018 was Coatue Management, an estimated $211M sold.
Based on aggregated 13F filings for Q3 2018.