TAL Education Group
85 hedge funds and large institutions have $573M invested in TAL Education Group in 2014 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 25 increasing their positions, 32 reducing their positions, and 10 closing their positions.
140% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 10
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
22% more call options, than puts
Call options by funds: $2.6M | Put options by funds: $2.13M
18% more funds holding
Funds holding: 72 → 85 (+13)
4.99% more ownership
Funds ownership: 218.53% → 223.52% (+5%)
5% more capital invested
Capital invested by funds: $548M → $573M (+$25.5M)
22% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$33.7M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$29.4M |
| 3 |
Morgan Stanley
New York
|
+$24.7M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$16.7M |
| 5 |
VP
Value Partners
Hong Kong
|
+$8.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$69.3M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$20.6M |
| 3 |
BII
Baring International Investment
London,
United Kingdom
|
-$10.8M |
| 4 |
PCM
Prime Capital Management
Hong Kong
|
-$8.59M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$7.44M |
TAL Hedge Fund Activity: Q1 2014 in Review
85 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in TAL Education Group (TAL) for Q1 2014, worth a combined $573M — up 4.7% from $548M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TAL positions and 10 closed out — a net gain of 14 holders — while 25 added to existing stakes and 32 trimmed.
The largest buyer was UBS AM, adding an estimated $33.7M. The largest seller was Tiger Global Management, exiting entirely with an estimated $69.3M sold.
- 85 institutional investors held TAL Education Group (TAL) as of Q1 2014, up from 72 in Q4 2013.
- Funds reported $573M of TAL Education Group stock for Q1 2014, up 4.7% quarter-over-quarter.
- 24 funds opened new TAL Education Group positions in Q1 2014 and 10 closed out, a net change of +14 holders.
- The largest TAL Education Group buyer in Q1 2014 was UBS AM, an estimated $33.7M added.
- The largest TAL Education Group seller in Q1 2014 was Tiger Global Management, an estimated $69.3M sold.
Based on aggregated 13F filings for Q1 2014.