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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.

New
Increased
Maintained
Reduced
Closed

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: 8590 (+5)

0% more funds holding in top 10

Funds holding in top 10: 44 (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

Holders
90
Holders Change
+5
Holders Change %
+5.88%
% of All Funds
2.59%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
23
Increased
30
Reduced
30
Closed
18
Calls
$744K
Puts
$1.74M
Net Calls
-$998K
Net Calls Change
-$1.47M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS AM
1
UBS AM
Illinois
$144M +$53.3M +13,490,166 +75%
Morgan Stanley
2
Morgan Stanley
New York
$113M +$15.2M +3,838,794 +18%
PCM
3
Prime Capital Management
Hong Kong
$79.8M -$30.5M -7,727,592 -31%
JC
4
Joho Capital
New York
$70.7M -$721K -182,418 -1%
Principal Financial Group
5
Principal Financial Group
Iowa
$55.9M -$1.08M -273,210 -2%
SM
6
SCGE Management
California
$40.6M +$2.2M +556,776 +7%
Fidelity International
7
Fidelity International
Bermuda
$34M -$5.35M -1,354,128 -15%
Acadian Asset Management
8
Acadian Asset Management
Massachusetts
$33.1M -$2.78M -702,282 -9%
Grantham, Mayo, Van Otterloo & Co (GMO)
9
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$18.6M +$2.49M +630,192 +18%
Renaissance Technologies
10
Renaissance Technologies
New York
$17.2M -$815K -206,130 -5%
DCM
11
Driehaus Capital Management
Illinois
$16.1M +$13.9M +3,509,772 New
Stifel Financial
12
Stifel Financial
Missouri
$15M +$4.8M +1,214,874 +59%
William Blair & Company
13
William Blair & Company
Illinois
$9.25M +$7.98M +2,018,118 New
JP Morgan Chase
14
JP Morgan Chase
New York
$8.54M +$2.21M +560,256 +43%
Goldman Sachs
15
Goldman Sachs
New York
$8.33M -$8.45M -2,138,676 -54%
BAMCO Inc
16
BAMCO Inc
New York
$7.82M +$6.52M +1,650,396 +2,919%
TAA
17
TB Alternative Assets
Cayman Islands
$7.47M +$377K +95,400 +6%
BIM
18
Bogle Investment Management
Massachusetts
$7.41M -$128K -32,478 -2%
Two Sigma Investments
19
Two Sigma Investments
New York
$6.43M +$3.37M +852,360 +155%
PRCM
20
Pine River Capital Management
Minnesota
$6.38M +$151K +38,100 +3%
Deutsche Bank
21
Deutsche Bank
Germany
$4.92M -$323K -81,762 -7%
U
22
UBS
Switzerland
$4.18M +$3.17M +803,076 +737%
OAM
23
Oxford Asset Management
United Kingdom
$3.97M +$3.45M +873,702 New
Bank of New York Mellon
24
Bank of New York Mellon
New York
$3.86M +$3.33M +842,520 New
SAM
25
Symphony Asset Management
California
$3.8M +$3.28M +829,404 New

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.