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TAL Education Group

90 hedge funds and large institutions have $1.14B invested in TAL Education Group in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 35 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

145% more call options, than puts

Call options by funds: $614K | Put options by funds: $251K

17% more capital invested

Capital invested by funds: $976M → $1.14B (+$166M)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

2.69% less ownership

Funds ownership: 266.65%263.96% (-2.7%)

12% less funds holding

Funds holding: 10290 (-12)

26% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 35

50% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 24

Holders
90
Holders Change
-12
Holders Change %
-11.76%
% of All Funds
2.4%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.16%
New
12
Increased
26
Reduced
35
Closed
24
Calls
$614K
Puts
$251K
Net Calls
+$363K
Net Calls Change
+$1.37M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS AM
1
UBS AM
Illinois
$226M -$1.93M -379,200 -0.9%
Morgan Stanley
2
Morgan Stanley
New York
$147M -$4.25M -836,106 -3%
Franklin Resources
3
Franklin Resources
California
$129M +$16.3M +3,200,400 +16%
JC
4
Joho Capital
New York
$86.9M +$5.15M +1,011,768 +7%
AllianceBernstein
5
AllianceBernstein
Tennessee
$65.9M +$29.4M +5,788,596 +95%
Goldman Sachs
6
Goldman Sachs
New York
$61.5M +$16.4M +3,233,310 +41%
PCM
7
Prime Capital Management
Hong Kong
$47.4M -$10.8M -2,124,126 -20%
Grantham, Mayo, Van Otterloo & Co (GMO)
8
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$42.9M -$1.25M -246,306 -3%
Principal Financial Group
9
Principal Financial Group
Iowa
$40.3M -$1.83M -360,642 -5%
Invesco
10
Invesco
Georgia
$23.9M +$2.83M +556,224 +15%
BAMCO Inc
11
BAMCO Inc
New York
$23.8M +$3.81M +750,000 +21%
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$20.9M +$19.2M +3,766,500 New
SC
13
Sculptor Capital
New York
$20.2M +$18.6M +3,651,210 New
HIM
14
Hillhouse Investment Management
Cayman Islands
$19.9M
DCM
15
Driehaus Capital Management
Illinois
$19.7M +$15.5M +3,038,220 +580%
JP Morgan Chase
16
JP Morgan Chase
New York
$16.1M +$3.23M +634,566 +28%
UBS Group
17
UBS Group
Switzerland
$14.1M -$20.5M -4,037,496 -61%
JPCCM
18
J&P (China) Capital Management
China
$11M -$3.59M -706,140 -26%
CS
19
Credit Suisse
Switzerland
$9.29M +$7.55M +1,484,160 +767%
Deutsche Bank
20
Deutsche Bank
Germany
$8.56M -$1.69M -333,180 -18%
Stifel Financial
21
Stifel Financial
Missouri
$7.62M -$1.64M -321,960 -19%
Fiera Capital (Canada)
22
Fiera Capital (Canada)
Quebec, Canada
$7.24M +$952K +187,200 +17%
WA
23
WFM Asia
British Virgin Islands
$7.09M
WA
24
Wasatch Advisors
Utah
$6.97M -$488K -96,000 -7%
William Blair & Company
25
William Blair & Company
Illinois
$5.67M -$13.1M -2,584,500 -72%

TAL Hedge Fund Activity: Q1 2015 in Review

90 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in TAL Education Group (TAL) for Q1 2015, worth a combined $1.14B — up 17% from $976M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of TAL and 12 opened new positions — a net loss of 12 holders — while 35 trimmed existing stakes and 26 added.

The largest buyer was AllianceBernstein, adding an estimated $29.4M. The largest seller was Baring Asset Management, cutting an estimated $26.4M.

  • 90 institutional investors held TAL Education Group (TAL) as of Q1 2015, down from 102 in Q4 2014.
  • Funds reported $1.14B of TAL Education Group stock for Q1 2015, up 17% quarter-over-quarter.
  • 12 funds opened new TAL Education Group positions in Q1 2015 and 24 closed out, a net change of -12 holders.
  • The largest TAL Education Group buyer in Q1 2015 was AllianceBernstein, an estimated $29.4M added.
  • The largest TAL Education Group seller in Q1 2015 was Baring Asset Management, an estimated $26.4M sold.

Based on aggregated 13F filings for Q1 2015.