TAL Education Group
350 hedge funds and large institutions have $23.6B invested in TAL Education Group in 2020 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 108 increasing their positions, 147 reducing their positions, and 36 closing their positions.
53% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 36
30% more capital invested
Capital invested by funds: $18.1B → $23.6B (+$5.51B)
5% more funds holding
Funds holding: 332 → 350 (+18)
4.42% more ownership
Funds ownership: 265.49% → 269.91% (+4.4%)
3% more funds holding in top 10
Funds holding in top 10: 37 → 38 (+1)
27% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 147
35% less call options, than puts
Call options by funds: $288M | Put options by funds: $443M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$270M |
| 2 |
BAM
Brilliance Asset Management
Admiralty, Hong Kong,
Hong Kong
|
+$242M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$194M |
| 4 |
Renaissance Technologies
New York
|
+$157M |
| 5 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$108M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tybourne Capital Management
Hong Kong
|
-$178M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$130M |
| 3 |
TC
Tairen Capital
Hong Kong
|
-$105M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$84.4M |
| 5 |
VAM
Veritas Asset Management
London,
United Kingdom
|
-$79.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VC
376
Veracity Capital
Atlanta,
Georgia
| – | -$261K | -4,908 | Closed |
|
377
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$257K | -4,833 | Closed |
|
|
TWI
378
Thomas White International
Chicago,
Illinois
| – | -$149K | -2,800 | Closed |
|
|
CCM
379
CAAS Capital Management
New York
| – | -$117K | -2,200 | Closed |
|
|
ASN
380
Advisory Services Network
Atlanta,
Georgia
| – | -$74K | -1,382 | Closed |
|
|
NICM
381
Neo Ivy Capital Management
New York
| – | -$48K | -899 | Closed |
|
|
II
382
Inspire Investing
Meridian,
Idaho
| – | -$22K | -405 | Closed |
|
383
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$21K | -403 | Closed |
|
|
TRCT
384
Tower Research Capital (TRC)
New York
| – | -$9K | -166 | Closed |
|
|
AF
385
Advisornet Financial
Minnetonka,
Minnesota
| – | -$9K | -164 | Closed |
|
|
CAN
386
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$1K | -12 | Closed |
|
TAL Hedge Fund Activity: Q2 2020 in Review
350 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in TAL Education Group (TAL) for Q2 2020, worth a combined $23.6B — up 30% from $18.1B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new TAL positions and 36 closed out — a net gain of 19 holders — while 108 added to existing stakes and 147 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $270M. The largest seller was Tybourne Capital Management, exiting entirely with an estimated $178M sold.
- 350 institutional investors held TAL Education Group (TAL) as of Q2 2020, up from 332 in Q1 2020.
- Funds reported $23.6B of TAL Education Group stock for Q2 2020, up 30% quarter-over-quarter.
- 55 funds opened new TAL Education Group positions in Q2 2020 and 36 closed out, a net change of +19 holders.
- The largest TAL Education Group buyer in Q2 2020 was Morgan Stanley, an estimated $270M added.
- The largest TAL Education Group seller in Q2 2020 was Tybourne Capital Management, an estimated $178M sold.
Based on aggregated 13F filings for Q2 2020.