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TBI

Trueblue

170 hedge funds and large institutions have $863M invested in Trueblue in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 73 increasing their positions, 55 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

229% more call options, than puts

Call options by funds: $908K | Put options by funds: $276K

33% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 55

13% more capital invested

Capital invested by funds: $761M → $863M (+$102M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.89% less ownership

Funds ownership: 94.61%92.72% (-1.9%)

2% less funds holding

Funds holding: 174170 (-4)

15% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 20

Holders
170
Holders Change
-4
Holders Change %
-2.3%
% of All Funds
4.54%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
17
Increased
73
Reduced
55
Closed
20
Calls
$908K
Puts
$276K
Net Calls
+$632K
Net Calls Change
+$844K
Name Holding Trade Value Shares
Change
Change in
Stake
Principal Financial Group
26
Principal Financial Group
Iowa
$7.25M +$190K +8,705 +3%
HAM
27
Hillcrest Asset Management
Texas
$7.11M +$92.2K +4,220 +1%
GAM
28
Gotham Asset Management
New York
$7.1M +$3.07M +140,763 +81%
Morgan Stanley
29
Morgan Stanley
New York
$7.09M +$216K +9,890 +3%
SGCIA
30
Smith Graham & Co Investment Advisors
Texas
$7.04M +$828K +37,920 +14%
Geode Capital Management
31
Geode Capital Management
Massachusetts
$6.71M +$49.1K +2,247 +0.8%
WHG
32
Westwood Holdings Group
Texas
$6.52M -$26.7M -1,220,966 -81%
AllianceBernstein
33
AllianceBernstein
Tennessee
$6.49M +$4.82M +220,796 +337%
D.E. Shaw & Co
34
D.E. Shaw & Co
New York
$5.38M +$1.27M +58,204 +32%
Prudential Financial
35
Prudential Financial
New Jersey
$5.2M +$2.1M +96,250 +72%
ACH
36
ArrowMark Colorado Holdings
Colorado
$5.02M +$2.23M +102,138 +86%
Bank of America
37
Bank of America
North Carolina
$4.86M -$630K -28,837 -12%
Deutsche Bank
38
Deutsche Bank
Germany
$4.54M -$310K -14,195 -7%
Millennium Management
39
Millennium Management
New York
$4.5M +$4.33M +198,351 New
CAM
40
Cortina Asset Management
Wisconsin
$4.43M -$440K -20,148 -9%
BIM
41
BlackRock Investment Management
Delaware
$4.31M -$21.1K -968 -0.5%
PAM
42
Panagora Asset Management
Massachusetts
$4.31M +$1.01M +46,392 +32%
Goldman Sachs
43
Goldman Sachs
New York
$3.81M +$370K +16,933 +11%
BGIM
44
Brandywine Global Investment Management
Pennsylvania
$3.68M -$52.4K -2,400 -1%
Grantham, Mayo, Van Otterloo & Co (GMO)
45
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$3.59M -$3.99M -182,805 -54%
MCM
46
Matarin Capital Management
New York
$3.33M +$168K +7,699 +6%
ClearBridge Investments
47
ClearBridge Investments
New York
$3.2M
PPA
48
Parametric Portfolio Associates
Washington
$3.11M +$268K +12,255 +10%
QI
49
QS Investors
New York
$3.06M -$229K -10,469 -7%
RP
50
Reinhart Partners
Wisconsin
$3.01M -$224K -10,260 -7%

TBI Hedge Fund Activity: Q3 2016 in Review

170 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Trueblue (TBI) for Q3 2016, worth a combined $863M — up 13% from $761M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of TBI and 17 opened new positions — a net loss of 3 holders — while 55 trimmed existing stakes and 73 added.

The largest buyer was GMT Capital, adding an estimated $25.7M. The largest seller was Chartwell Investment Partners, cutting an estimated $30.7M.

  • 170 institutional investors held Trueblue (TBI) as of Q3 2016, down from 174 in Q2 2016.
  • Funds reported $863M of Trueblue stock for Q3 2016, up 13% quarter-over-quarter.
  • 17 funds opened new Trueblue positions in Q3 2016 and 20 closed out, a net change of -3 holders.
  • The largest Trueblue buyer in Q3 2016 was GMT Capital, an estimated $25.7M added.
  • The largest Trueblue seller in Q3 2016 was Chartwell Investment Partners, an estimated $30.7M sold.

Based on aggregated 13F filings for Q3 2016.