TAL Education Group
90 hedge funds and large institutions have $783M invested in TAL Education Group in 2014 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 18 closing their positions.
37% more capital invested
Capital invested by funds: $571M → $783M (+$212M)
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
6% more funds holding
Funds holding: 85 → 90 (+5)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 30
5.06% less ownership
Funds ownership: 223.52% → 218.46% (-5.1%)
57% less call options, than puts
Call options by funds: $744K | Put options by funds: $1.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$53.3M |
| 2 |
Morgan Stanley
New York
|
+$15.2M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$13.9M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$7.98M |
| 5 |
BAMCO Inc
New York
|
+$6.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Prime Capital Management
Hong Kong
|
-$30.5M |
| 2 |
VP
Value Partners
Hong Kong
|
-$8.47M |
| 3 |
Goldman Sachs
New York
|
-$8.45M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$5.35M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AL
101
Airain Ltd
St. Peter Port,
Guernsey
| – | -$234K | -62,316 | Closed |
|
|
VKH
102
Virtu KCG Holdings
New York
| – | -$217K | -57,804 | Closed |
|
|
GH
103
GAM Holding
Zurich,
Switzerland
| – | -$201K | -53,400 | Closed |
|
104
Creative Planning
Overland Park,
Kansas
| – | -$45K | -12,000 | Closed |
|
|
AP
105
Advisors Preferred
Rockville,
Maryland
| – | -$30K | -7,992 | Closed |
|
|
QT
106
Quantbot Technologies
New York
| – | -$27K | -7,200 | Closed |
|
107
Envestnet Asset Management
Chicago,
Illinois
| – | -$5K | -1,266 | Closed |
|
TAL Hedge Fund Activity: Q2 2014 in Review
90 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in TAL Education Group (TAL) for Q2 2014, worth a combined $783M — up 37% from $571M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new TAL positions and 18 closed out — a net gain of 5 holders — while 30 added to existing stakes and 30 trimmed.
The largest buyer was UBS AM, adding an estimated $53.3M. The largest seller was Prime Capital Management, cutting an estimated $30.5M.
- 90 institutional investors held TAL Education Group (TAL) as of Q2 2014, up from 85 in Q1 2014.
- Funds reported $783M of TAL Education Group stock for Q2 2014, up 37% quarter-over-quarter.
- 23 funds opened new TAL Education Group positions in Q2 2014 and 18 closed out, a net change of +5 holders.
- The largest TAL Education Group buyer in Q2 2014 was UBS AM, an estimated $53.3M added.
- The largest TAL Education Group seller in Q2 2014 was Prime Capital Management, an estimated $30.5M sold.
Based on aggregated 13F filings for Q2 2014.