Trueblue
TBI
137 hedge funds and large institutions have $369M invested in Trueblue in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 51 increasing their positions, 48 reducing their positions, and 40 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 48
3.95% less ownership
Funds ownership: 97.8% → 93.85% (-3.9%)
10% less funds holding
Funds holding: 152 → 137 (-15)
21% less capital invested
Capital invested by funds: $467M → $369M (-$98.2M)
38% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 40
81% less call options, than puts
Call options by funds: $42K | Put options by funds: $218K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Azarias Capital Management
Berwyn,
Pennsylvania
|
+$7.6M |
| 2 |
D.E. Shaw & Co
New York
|
+$6.04M |
| 3 |
Millennium Management
New York
|
+$5.12M |
| 4 |
PL
Parkwood LLC
Cleveland,
Ohio
|
+$4.2M |
| 5 |
JP Morgan Chase
New York
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$34.2M |
| 2 |
State Street
Boston,
Massachusetts
|
-$6.67M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.3M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$2.51M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$2.49M |
TBI Hedge Fund Activity: Q1 2024 in Review
137 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Trueblue (TBI) for Q1 2024, worth a combined $369M — down 21% from $467M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of TBI and 25 opened new positions — a net loss of 15 holders — while 48 trimmed existing stakes and 51 added.
The largest buyer was Azarias Capital Management, adding an estimated $7.6M. The largest seller was BlackRock, cutting an estimated $34.2M.
- 137 institutional investors held Trueblue (TBI) as of Q1 2024, down from 152 in Q4 2023.
- Funds reported $369M of Trueblue stock for Q1 2024, down 21% quarter-over-quarter.
- 25 funds opened new Trueblue positions in Q1 2024 and 40 closed out, a net change of -15 holders.
- The largest Trueblue buyer in Q1 2024 was Azarias Capital Management, an estimated $7.6M added.
- The largest Trueblue seller in Q1 2024 was BlackRock, an estimated $34.2M sold.
Based on aggregated 13F filings for Q1 2024.