Taubman Centers Inc.
TCO
TCO was delisted on the 28th of December, 2020.
262 hedge funds and large institutions have $4.13B invested in Taubman Centers Inc. in 2015 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 79 increasing their positions, 113 reducing their positions, and 25 closing their positions.
20% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 25
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
1% more funds holding
Funds holding: 259 → 262 (+3)
4% less capital invested
Capital invested by funds: $4.28B → $4.13B (-$155M)
30% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 113
48% less call options, than puts
Call options by funds: $746K | Put options by funds: $1.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$77.8M |
| 2 |
MIRH
Madison International Realty Holdings
New York
|
+$71.6M |
| 3 |
PC
PointState Capital
New York
|
+$65.1M |
| 4 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$60.4M |
| 5 |
Millennium Management
New York
|
+$28.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$141M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$118M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$110M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$26.7M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$21.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIU
276
Algebris Investments (UK)
London,
United Kingdom
| – | -$681K | -9,800 | Closed |
|
|
BA
277
Bridgewater Associates
Westport,
Connecticut
| – | -$441K | -6,344 | Closed |
|
|
EVM
278
Eaton Vance Management
Boston,
Massachusetts
| – | -$341K | -4,900 | Closed |
|
|
GCA
279
Gideon Capital Advisors
New York
| – | -$250K | -3,599 | Closed |
|
|
V
280
Veritable
Wilmington,
Delaware
| – | -$229K | -3,291 | Closed |
|
|
GIM
281
Grassi Investment Management
Santa Clara,
California
| – | -$208K | -3,000 | Closed |
|
|
PL
282
Perpetual Ltd
Sydney, New South Wales,
Australia
| – | -$202K | -2,907 | Closed |
|
|
AP
283
Advisors Preferred
Rockville,
Maryland
| – | -$43K | -623 | Closed |
|
284
Parallax Volatility Advisers
San Francisco,
California
| – | -$16K | -228 | Closed |
|
|
P
285
Palladiem
Bryn Mawr,
Pennsylvania
| – | -$14K | -201 | Closed |
|
|
EWM
286
Evercore Wealth Management
New York
| – | -$10K | -139 | Closed |
|
|
QCG
287
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$496 | +7 | New |
|
TCO Hedge Fund Activity: Q3 2015 in Review
262 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Taubman Centers Inc. (TCO) for Q3 2015, worth a combined $4.13B — down 3.6% from $4.28B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TCO positions and 25 closed out — a net gain of 5 holders — while 79 added to existing stakes and 113 trimmed.
The largest buyer was Long Pond Capital, adding an estimated $77.8M. The largest seller was Invesco, cutting an estimated $141M.
- 262 institutional investors held Taubman Centers Inc. (TCO) as of Q3 2015, up from 259 in Q2 2015.
- Funds reported $4.13B of Taubman Centers Inc. stock for Q3 2015, down 3.6% quarter-over-quarter.
- 30 funds opened new Taubman Centers Inc. positions in Q3 2015 and 25 closed out, a net change of +5 holders.
- The largest Taubman Centers Inc. buyer in Q3 2015 was Long Pond Capital, an estimated $77.8M added.
- The largest Taubman Centers Inc. seller in Q3 2015 was Invesco, an estimated $141M sold.
Based on aggregated 13F filings for Q3 2015.