TCF Financial Corporation
TCF
TCF was delisted on the 31st of July, 2019.
267 hedge funds and large institutions have $2.63B invested in TCF Financial Corporation in 2019 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 84 increasing their positions, 113 reducing their positions, and 47 closing their positions.
6% less capital invested
Capital invested by funds: $2.78B → $2.63B (-$155M)
9% less funds holding
Funds holding: 292 → 267 (-25)
26% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 113
45% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 47
94% less call options, than puts
Call options by funds: $459K | Put options by funds: $7.19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$41.7M |
| 2 |
WIC
Water Island Capital
New York
|
+$25.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$23.2M |
| 4 |
MCM
Maltese Capital Management
New York
|
+$22.4M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$88M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$58.1M |
| 3 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$41M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$19.2M |
| 5 |
OA
Oak Associates
Akron,
Ohio
|
-$18.9M |
TCF Hedge Fund Activity: Q2 2019 in Review
267 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in TCF Financial Corporation (TCF) for Q2 2019, worth a combined $2.63B — down 5.6% from $2.78B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of TCF and 26 opened new positions — a net loss of 21 holders — while 113 trimmed existing stakes and 84 added.
The largest buyer was First Trust Capital Management, adding an estimated $41.7M. The largest seller was Fuller & Thaler Asset Management, exiting entirely with an estimated $88M sold.
- 267 institutional investors held TCF Financial Corporation (TCF) as of Q2 2019, down from 292 in Q1 2019.
- Funds reported $2.63B of TCF Financial Corporation stock for Q2 2019, down 5.6% quarter-over-quarter.
- 26 funds opened new TCF Financial Corporation positions in Q2 2019 and 47 closed out, a net change of -21 holders.
- The largest TCF Financial Corporation buyer in Q2 2019 was First Trust Capital Management, an estimated $41.7M added.
- The largest TCF Financial Corporation seller in Q2 2019 was Fuller & Thaler Asset Management, an estimated $88M sold.
Based on aggregated 13F filings for Q2 2019.