Tricon Residential Inc.
TCN was delisted on the 1st of May, 2024.
143 hedge funds and large institutions have $1.38B invested in Tricon Residential Inc. in 2023 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 44 increasing their positions, 46 reducing their positions, and 23 closing their positions.
26% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 23
20% more capital invested
Capital invested by funds: $1.15B → $1.38B (+$227M)
4% more funds holding
Funds holding: 137 → 143 (+6)
5% more call options, than puts
Call options by funds: $4.55M | Put options by funds: $4.35M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
+$52.6M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$30.9M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$20.2M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$17.4M |
| 5 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$45.3M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$14.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$11.3M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$8.88M |
| 5 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$8.34M |
TCN Hedge Fund Activity: Q2 2023 in Review
143 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Tricon Residential Inc. (TCN) for Q2 2023, worth a combined $1.38B — up 20% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TCN positions and 23 closed out — a net gain of 6 holders — while 44 added to existing stakes and 46 trimmed.
The largest buyer was Centersquare Investment Management, adding an estimated $52.6M. The largest seller was Cohen & Steers, exiting entirely with an estimated $45.3M sold.
- 143 institutional investors held Tricon Residential Inc. (TCN) as of Q2 2023, up from 137 in Q1 2023.
- Funds reported $1.38B of Tricon Residential Inc. stock for Q2 2023, up 20% quarter-over-quarter.
- 29 funds opened new Tricon Residential Inc. positions in Q2 2023 and 23 closed out, a net change of +6 holders.
- The largest Tricon Residential Inc. buyer in Q2 2023 was Centersquare Investment Management, an estimated $52.6M added.
- The largest Tricon Residential Inc. seller in Q2 2023 was Cohen & Steers, an estimated $45.3M sold.
Based on aggregated 13F filings for Q2 2023.