TAL Education Group
99 hedge funds and large institutions have $1.09B invested in TAL Education Group in 2014 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 16 closing their positions.
63% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 16
39% more capital invested
Capital invested by funds: $783M → $1.09B (+$306M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
21.32% more ownership
Funds ownership: 218.46% → 239.77% (+21%)
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
10% more funds holding
Funds holding: 90 → 99 (+9)
39% less call options, than puts
Call options by funds: $1.37M | Put options by funds: $2.22M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$60.8M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$41.5M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$13M |
| 4 |
Goldman Sachs
New York
|
+$10.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$36M |
| 2 |
PCM
Prime Capital Management
Hong Kong
|
-$27.3M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$15.6M |
| 4 |
SM
SCGE Management
Menlo Park,
California
|
-$15.2M |
| 5 |
Renaissance Technologies
New York
|
-$11.3M |
TAL Hedge Fund Activity: Q3 2014 in Review
99 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in TAL Education Group (TAL) for Q3 2014, worth a combined $1.09B — up 39% from $783M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TAL positions and 16 closed out — a net gain of 10 holders — while 35 added to existing stakes and 31 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $60.8M. The largest seller was Acadian Asset Management, cutting an estimated $36M.
- 99 institutional investors held TAL Education Group (TAL) as of Q3 2014, up from 90 in Q2 2014.
- Funds reported $1.09B of TAL Education Group stock for Q3 2014, up 39% quarter-over-quarter.
- 26 funds opened new TAL Education Group positions in Q3 2014 and 16 closed out, a net change of +10 holders.
- The largest TAL Education Group buyer in Q3 2014 was Franklin Resources, an estimated $60.8M added.
- The largest TAL Education Group seller in Q3 2014 was Acadian Asset Management, an estimated $36M sold.
Based on aggregated 13F filings for Q3 2014.