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TBI

Trueblue

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.

New
Increased
Maintained
Reduced
Closed

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: 144152 (+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

Holders
152
Holders Change
+8
Holders Change %
+5.56%
% of All Funds
2.22%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
24
Increased
56
Reduced
58
Closed
16
Calls
$110K
Puts
$267K
Net Calls
-$157K
Net Calls Change
-$228K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$80.8M +$3.59M +257,041 +5%
Pzena Investment Management
2
Pzena Investment Management
New York
$47.4M +$9.25M +661,496 +27%
Vanguard Group
3
Vanguard Group
Pennsylvania
$39.7M -$12.1M -868,797 -25%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$31.4M -$569K -40,740 -2%
Invesco
5
Invesco
Georgia
$20M +$11.9M +852,969 +189%
State Street
6
State Street
Massachusetts
$19.7M +$584K +41,755 +3%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$15M +$8.99M +643,073 +190%
Morgan Stanley
8
Morgan Stanley
New York
$14.5M +$8.28M +592,621 +169%
Charles Schwab
9
Charles Schwab
California
$13.8M +$1.07M +76,624 +9%
Hotchkis & Wiley Capital Management
10
Hotchkis & Wiley Capital Management
California
$12.4M -$26.2M -1,874,200 -70%
RA
11
Royce & Associates
New York
$10.5M -$523K -37,400 -5%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$10.1M +$454K +32,494 +5%
D.E. Shaw & Co
13
D.E. Shaw & Co
New York
$9.41M +$3.34M +238,905 +64%
Ameriprise
14
Ameriprise
Minnesota
$9.08M +$712K +50,958 +9%
American Century Companies
15
American Century Companies
Missouri
$8.2M +$861K +61,629 +13%
Jacobs Levy Equity Management
16
Jacobs Levy Equity Management
New Jersey
$7.96M +$3.05M +218,449 +73%
Citadel Advisors
17
Citadel Advisors
Florida
$7.68M +$1.27M +90,826 +22%
BCM
18
Bridgeway Capital Management
Texas
$7.56M -$397K -28,392 -5%
Lord, Abbett & Co
19
Lord, Abbett & Co
New Jersey
$5.48M -$63K -4,509 -1%
Northern Trust
20
Northern Trust
Illinois
$5M -$14.3K -1,021 -0.3%
Jane Street
21
Jane Street
New York
$4.92M +$3.98M +284,541 +788%
Prudential Financial
22
Prudential Financial
New Jersey
$4.76M +$970K +69,426 +29%
AQR Capital Management
23
AQR Capital Management
Connecticut
$4.75M -$2.35M -167,900 -35%
Assenagon Asset Management
24
Assenagon Asset Management
Luxembourg
$4.69M +$2.89M +206,757 +209%
ACM
25
Azarias Capital Management
Pennsylvania
$4.58M +$4.17M +298,694 New

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.