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TAL Education Group

66 hedge funds and large institutions have $370M invested in TAL Education Group in 2013 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

625% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 4

57% more funds holding

Funds holding: 4266 (+24)

42% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 12

41% more capital invested

Capital invested by funds: $262M → $370M (+$108M)

5.03% more ownership

Funds ownership: 219.22%224.25% (+5%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

43% less call options, than puts

Call options by funds: $208K | Put options by funds: $366K

Holders
66
Holders Change
+24
Holders Change %
+57.14%
% of All Funds
2.14%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
29
Increased
17
Reduced
12
Closed
4
Calls
$208K
Puts
$366K
Net Calls
-$158K
Net Calls Change
-$317K
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
1
Prime Capital Management
Hong Kong
$81.9M
Tiger Global Management
2
Tiger Global Management
New York
$73.2M -$29.4M -14,400,000 -32%
Morgan Stanley
3
Morgan Stanley
New York
$39.8M +$8.14M +3,994,764 +32%
Fidelity International
4
Fidelity International
Bermuda
$39.6M +$8.67M +4,253,154 +35%
JC
5
Joho Capital
New York
$39.5M
SLC
6
Snow Lake Capital
Hong Kong
$20.9M -$738K -362,172 -4%
SM
7
SCGE Management
California
$17.1M +$2.05M +1,006,902 +17%
UBS AM
8
UBS AM
Illinois
$16.9M +$2.17M +1,065,600 +18%
MCM
9
Montibus Capital Management
Oregon
$6.07M +$5.12M +2,513,172 New
Renaissance Technologies
10
Renaissance Technologies
New York
$4.89M +$935K +458,616 +29%
JP Morgan Chase
11
JP Morgan Chase
New York
$2.86M
Invesco
12
Invesco
Georgia
$1.91M +$198K +97,056 +14%
Goldman Sachs
13
Goldman Sachs
New York
$1.66M +$1.4M +685,938 New
OAM
14
Oxford Asset Management
United Kingdom
$1.61M +$1.36M +667,248 New
Millennium Management
15
Millennium Management
New York
$1.29M +$461K +226,224 +73%
HCM
16
Highbridge Capital Management
New York
$1.27M +$1.07M +524,664 New
Bank of America
17
Bank of America
North Carolina
$1.25M +$755K +370,512 +253%
State Street
18
State Street
Massachusetts
$1.18M +$999K +490,116 New
Wells Fargo
19
Wells Fargo
California
$1.16M +$954K +467,796 +4,575%
Two Sigma Investments
20
Two Sigma Investments
New York
$1.14M +$725K +355,644 +305%
SPM
21
Symmetry Peak Management
Pennsylvania
$1.13M +$514K +252,000 +116%
CS
22
Credit Suisse
Switzerland
$1M +$368K +180,432 +77%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$970K +$578K +283,644 +241%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$928K +$783K +384,180 New
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$906K +$165K +80,928 +28%

TAL Hedge Fund Activity: Q3 2013 in Review

66 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in TAL Education Group (TAL) for Q3 2013, worth a combined $370M — up 41% from $262M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new TAL positions and 4 closed out — a net gain of 25 holders — while 17 added to existing stakes and 12 trimmed.

The largest buyer was Fidelity International, adding an estimated $8.67M. The largest seller was Tiger Global Management, cutting an estimated $29.4M.

  • 66 institutional investors held TAL Education Group (TAL) as of Q3 2013, up from 42 in Q2 2013.
  • Funds reported $370M of TAL Education Group stock for Q3 2013, up 41% quarter-over-quarter.
  • 29 funds opened new TAL Education Group positions in Q3 2013 and 4 closed out, a net change of +25 holders.
  • The largest TAL Education Group buyer in Q3 2013 was Fidelity International, an estimated $8.67M added.
  • The largest TAL Education Group seller in Q3 2013 was Tiger Global Management, an estimated $29.4M sold.

Based on aggregated 13F filings for Q3 2013.