Trueblue
TBI
156 hedge funds and large institutions have $538M invested in Trueblue in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 56 increasing their positions, 61 reducing their positions, and 22 closing their positions.
10% more call options, than puts
Call options by funds: $43K | Put options by funds: $39K
3.51% more ownership
Funds ownership: 88.65% → 92.16% (+3.5%)
8% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 61
5% less funds holding
Funds holding: 164 → 156 (-8)
5% less capital invested
Capital invested by funds: $568M → $538M (-$29.6M)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$6.89M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$3.84M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.16M |
| 4 |
Two Sigma Investments
New York
|
+$2.03M |
| 5 |
Renaissance Technologies
New York
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.34M |
| 2 |
JP Morgan Chase
New York
|
-$7.9M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$6.65M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.76M |
TBI Hedge Fund Activity: Q1 2023 in Review
156 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Trueblue (TBI) for Q1 2023, worth a combined $538M — down 5.2% from $568M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of TBI and 15 opened new positions — a net loss of 7 holders — while 61 trimmed existing stakes and 56 added.
The largest buyer was Pzena Investment Management, adding an estimated $6.89M. The largest seller was Fidelity Investments, cutting an estimated $9.34M.
- 156 institutional investors held Trueblue (TBI) as of Q1 2023, down from 164 in Q4 2022.
- Funds reported $538M of Trueblue stock for Q1 2023, down 5.2% quarter-over-quarter.
- 15 funds opened new Trueblue positions in Q1 2023 and 22 closed out, a net change of -7 holders.
- The largest Trueblue buyer in Q1 2023 was Pzena Investment Management, an estimated $6.89M added.
- The largest Trueblue seller in Q1 2023 was Fidelity Investments, an estimated $9.34M sold.
Based on aggregated 13F filings for Q1 2023.