TAL Education Group
102 hedge funds and large institutions have $981M invested in TAL Education Group in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 34 increasing their positions, 41 reducing their positions, and 18 closing their positions.
26.88% more ownership
Funds ownership: 239.77% → 266.65% (+27%)
22% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 18
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
3% more funds holding
Funds holding: 99 → 102 (+3)
10% less capital invested
Capital invested by funds: $1.09B → $981M (-$111M)
17% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 41
100% less call options, than puts
Call options by funds: $4K | Put options by funds: $1.01M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$45.6M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$24.5M |
| 3 |
Goldman Sachs
New York
|
+$21.1M |
| 4 |
HIM
Hillhouse Investment Management
Grand Cayman,
Cayman Islands
|
+$18.8M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$36.9M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$22.9M |
| 3 |
SM
SCGE Management
Menlo Park,
California
|
-$12.6M |
| 4 |
LA
LBN Advisers
Central,
Hong Kong
|
-$9.06M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$8.52M |
TAL Hedge Fund Activity: Q4 2014 in Review
102 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in TAL Education Group (TAL) for Q4 2014, worth a combined $981M — down 10% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TAL positions and 18 closed out — a net gain of 4 holders — while 34 added to existing stakes and 41 trimmed.
The largest buyer was Franklin Resources, adding an estimated $45.6M. The largest seller was Fidelity International, exiting entirely with an estimated $36.9M sold.
- 102 institutional investors held TAL Education Group (TAL) as of Q4 2014, up from 99 in Q3 2014.
- Funds reported $981M of TAL Education Group stock for Q4 2014, down 10% quarter-over-quarter.
- 22 funds opened new TAL Education Group positions in Q4 2014 and 18 closed out, a net change of +4 holders.
- The largest TAL Education Group buyer in Q4 2014 was Franklin Resources, an estimated $45.6M added.
- The largest TAL Education Group seller in Q4 2014 was Fidelity International, an estimated $36.9M sold.
Based on aggregated 13F filings for Q4 2014.