Taubman Centers Inc.
TCO
TCO was delisted on the 28th of December, 2020.
232 hedge funds and large institutions have $4.03B invested in Taubman Centers Inc. in 2013 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 80 increasing their positions, 100 reducing their positions, and 45 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
7% more call options, than puts
Call options by funds: $3.33M | Put options by funds: $3.11M
4% less capital invested
Capital invested by funds: $4.18B → $4.03B (-$157M)
9% less funds holding
Funds holding: 255 → 232 (-23)
20% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 100
51% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$239M |
| 2 |
Goldman Sachs
New York
|
+$62.3M |
| 3 |
LPC
Long Pond Capital
New York
|
+$47.2M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
+$23.4M |
| 5 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$63M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$49.1M |
| 3 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$28.8M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$26.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$23.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WTC
276
WhitTier Trust Company
Reno,
Nevada
| – | -$19K | -277 | Closed |
|
277
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$13K | -190 | Closed |
|
TCO Hedge Fund Activity: Q4 2013 in Review
232 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Taubman Centers Inc. (TCO) for Q4 2013, worth a combined $4.03B — down 3.8% from $4.18B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of TCO and 22 opened new positions — a net loss of 23 holders — while 100 trimmed existing stakes and 80 added.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $239M. The largest seller was Deutsche Bank, cutting an estimated $63M.
- 232 institutional investors held Taubman Centers Inc. (TCO) as of Q4 2013, down from 255 in Q3 2013.
- Funds reported $4.03B of Taubman Centers Inc. stock for Q4 2013, down 3.8% quarter-over-quarter.
- 22 funds opened new Taubman Centers Inc. positions in Q4 2013 and 45 closed out, a net change of -23 holders.
- The largest Taubman Centers Inc. buyer in Q4 2013 was Cohen & Steers, an estimated $239M added.
- The largest Taubman Centers Inc. seller in Q4 2013 was Deutsche Bank, an estimated $63M sold.
Based on aggregated 13F filings for Q4 2013.