TAL Education Group
94 hedge funds and large institutions have $1.16B invested in TAL Education Group in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 33 increasing their positions, 36 reducing their positions, and 27 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 36
1.51% less ownership
Funds ownership: 247.39% → 245.89% (-1.5%)
9% less capital invested
Capital invested by funds: $1.28B → $1.16B (-$117M)
10% less funds holding
Funds holding: 105 → 94 (-11)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
37% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 27
75% less call options, than puts
Call options by funds: $2K | Put options by funds: $8K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.9M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$22.8M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$10.3M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$9.4M |
| 5 |
PCM
Prime Capital Management
Hong Kong
|
+$9.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$28.8M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$14.4M |
| 3 |
JC
Joho Capital
New York
|
-$14.2M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$11.6M |
| 5 |
Morgan Stanley
New York
|
-$8.85M |
TAL Hedge Fund Activity: Q3 2015 in Review
94 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in TAL Education Group (TAL) for Q3 2015, worth a combined $1.16B — down 9.2% from $1.28B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of TAL and 17 opened new positions — a net loss of 10 holders — while 36 trimmed existing stakes and 33 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $31.9M. The largest seller was Goldman Sachs, cutting an estimated $28.8M.
- 94 institutional investors held TAL Education Group (TAL) as of Q3 2015, down from 105 in Q2 2015.
- Funds reported $1.16B of TAL Education Group stock for Q3 2015, down 9.2% quarter-over-quarter.
- 17 funds opened new TAL Education Group positions in Q3 2015 and 27 closed out, a net change of -10 holders.
- The largest TAL Education Group buyer in Q3 2015 was Fidelity Investments, an estimated $31.9M added.
- The largest TAL Education Group seller in Q3 2015 was Goldman Sachs, an estimated $28.8M sold.
Based on aggregated 13F filings for Q3 2015.