Trueblue
TBI
172 hedge funds and large institutions have $892M invested in Trueblue in 2015 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 72 increasing their positions, 46 reducing their positions, and 31 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 46
13% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 31
2% more funds holding
Funds holding: 169 → 172 (+3)
1.64% more ownership
Funds ownership: 93.45% → 95.09% (+1.6%)
23% less capital invested
Capital invested by funds: $1.16B → $892M (-$273M)
88% less call options, than puts
Call options by funds: $4K | Put options by funds: $34K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$14.3M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$12.5M |
| 3 |
JP Morgan Chase
New York
|
+$9.68M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.82M |
| 5 |
HAM
Hillcrest Asset Management
Plano,
Texas
|
+$6.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$44.7M |
| 2 |
Goldman Sachs
New York
|
-$22.6M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$6.35M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$5.63M |
| 5 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$5.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
201
Regal Investment Advisors
Kentwood,
Michigan
| – | -$40K | -1,350 | Closed |
|
|
TRCT
202
Tower Research Capital (TRC)
New York
| – | -$17K | -557 | Closed |
|
203
Simplex Trading
Chicago,
Illinois
| – | +$385 | +15 | New |
|
TBI Hedge Fund Activity: Q3 2015 in Review
172 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Trueblue (TBI) for Q3 2015, worth a combined $892M — down 23% from $1.16B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new TBI positions and 31 closed out — a net gain of 4 holders — while 72 added to existing stakes and 46 trimmed.
The largest buyer was Royce & Associates, adding an estimated $14.3M. The largest seller was RS Investment Management, exiting entirely with an estimated $44.7M sold.
- 172 institutional investors held Trueblue (TBI) as of Q3 2015, up from 169 in Q2 2015.
- Funds reported $892M of Trueblue stock for Q3 2015, down 23% quarter-over-quarter.
- 35 funds opened new Trueblue positions in Q3 2015 and 31 closed out, a net change of +4 holders.
- The largest Trueblue buyer in Q3 2015 was Royce & Associates, an estimated $14.3M added.
- The largest Trueblue seller in Q3 2015 was RS Investment Management, an estimated $44.7M sold.
Based on aggregated 13F filings for Q3 2015.