TAL Education Group
72 hedge funds and large institutions have $548M invested in TAL Education Group in 2013 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 27 increasing their positions, 11 reducing their positions, and 18 closing their positions.
219% more call options, than puts
Call options by funds: $2.93M | Put options by funds: $917K
145% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 11
48% more capital invested
Capital invested by funds: $370M → $548M (+$177M)
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
9% more funds holding
Funds holding: 66 → 72 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5.72% less ownership
Funds ownership: 224.25% → 218.53% (-5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$16.3M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$15.5M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$10.6M |
| 4 |
BII
Baring International Investment
London,
United Kingdom
|
+$9.08M |
| 5 |
Goldman Sachs
New York
|
+$8.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$35.1M |
| 2 |
PCM
Prime Capital Management
Hong Kong
|
-$20.2M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$7.41M |
| 4 |
Morgan Stanley
New York
|
-$5.97M |
| 5 |
HCM
Highbridge Capital Management
New York
|
-$1.27M |
TAL Hedge Fund Activity: Q4 2013 in Review
72 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in TAL Education Group (TAL) for Q4 2013, worth a combined $548M — up 48% from $370M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TAL positions and 18 closed out — a net gain of 8 holders — while 27 added to existing stakes and 11 trimmed.
The largest buyer was Grantham, Mayo, Van Otterloo & Co (GMO), opening a new position worth an estimated $16.3M. The largest seller was Tiger Global Management, cutting an estimated $35.1M.
- 72 institutional investors held TAL Education Group (TAL) as of Q4 2013, up from 66 in Q3 2013.
- Funds reported $548M of TAL Education Group stock for Q4 2013, up 48% quarter-over-quarter.
- 26 funds opened new TAL Education Group positions in Q4 2013 and 18 closed out, a net change of +8 holders.
- The largest TAL Education Group buyer in Q4 2013 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $16.3M added.
- The largest TAL Education Group seller in Q4 2013 was Tiger Global Management, an estimated $35.1M sold.
Based on aggregated 13F filings for Q4 2013.