Trueblue
TBI
152 hedge funds and large institutions have $474M invested in Trueblue in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 56 increasing their positions, 58 reducing their positions, and 16 closing their positions.
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
8% more capital invested
Capital invested by funds: $440M → $474M (+$34.6M)
6% more funds holding
Funds holding: 144 → 152 (+8)
2.63% more ownership
Funds ownership: 96.69% → 99.32% (+2.6%)
3% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 58
59% less call options, than puts
Call options by funds: $110K | Put options by funds: $267K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$11.9M |
| 2 |
Pzena Investment Management
New York
|
+$9.25M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.99M |
| 4 |
Morgan Stanley
New York
|
+$8.28M |
| 5 |
ACM
Azarias Capital Management
Berwyn,
Pennsylvania
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$26.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.1M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$9.36M |
| 4 |
JP Morgan Chase
New York
|
-$5.61M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.35M |
TBI Hedge Fund Activity: Q4 2023 in Review
152 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Trueblue (TBI) for Q4 2023, worth a combined $474M — up 7.9% from $440M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TBI positions and 16 closed out — a net gain of 8 holders — while 56 added to existing stakes and 58 trimmed.
The largest buyer was Invesco, adding an estimated $11.9M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $26.2M.
- 152 institutional investors held Trueblue (TBI) as of Q4 2023, up from 144 in Q3 2023.
- Funds reported $474M of Trueblue stock for Q4 2023, up 7.9% quarter-over-quarter.
- 24 funds opened new Trueblue positions in Q4 2023 and 16 closed out, a net change of +8 holders.
- The largest Trueblue buyer in Q4 2023 was Invesco, an estimated $11.9M added.
- The largest Trueblue seller in Q4 2023 was Hotchkis & Wiley Capital Management, an estimated $26.2M sold.
Based on aggregated 13F filings for Q4 2023.