Taubman Centers Inc.
TCO
TCO was delisted on the 28th of December, 2020.
250 hedge funds and large institutions have $4.44B invested in Taubman Centers Inc. in 2016 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 83 increasing their positions, 94 reducing their positions, and 33 closing their positions.
16% more call options, than puts
Call options by funds: $1.57M | Put options by funds: $1.35M
2% less capital invested
Capital invested by funds: $4.54B → $4.44B (-$99.7M)
4% less funds holding
Funds holding: 261 → 250 (-11)
12% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 94
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
30% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.1M |
| 2 |
LBIM
Land & Buildings Investment Management
Stamford,
Connecticut
|
+$39.5M |
| 3 |
Goldman Sachs
New York
|
+$27.7M |
| 4 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
+$18.7M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
-$75.9M |
| 2 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$56.1M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$15.5M |
| 4 |
O
OppenheimerFunds
New York
|
-$15.1M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$14.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSA
276
Schonfeld Strategic Advisors
New York
| – | -$205K | -2,763 | Closed |
|
|
CCA
277
Checchi Capital Advisers
Beverly Hills,
California
| – | -$130K | -1,756 | Closed |
|
|
CG
278
Cutler Group
San Francisco,
California
| – | -$94.5K | -1,224 | Closed |
|
|
FNYS
279
First New York Securities
New York
| – | -$35.2K | -474 | Closed |
|
|
AP
280
Advisors Preferred
Rockville,
Maryland
| – | -$23K | -314 | Closed |
|
281
Axa
Paris,
France
| – | -$12K | -155 | Closed |
|
|
IR
282
Invictus RG
Hamilton,
Bermuda
| – | -$11K | -154 | Closed |
|
|
NYLT
283
New York Life Trust
New York
| – | -$7K | -88 | Closed |
|
|
BFEC
284
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$4K | -48 | Closed |
|
TCO Hedge Fund Activity: Q3 2016 in Review
250 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Taubman Centers Inc. (TCO) for Q3 2016, worth a combined $4.44B — down 2.2% from $4.54B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of TCO and 23 opened new positions — a net loss of 10 holders — while 94 trimmed existing stakes and 83 added.
The largest buyer was Fidelity Investments, adding an estimated $52.1M. The largest seller was Long Pond Capital, cutting an estimated $75.9M.
- 250 institutional investors held Taubman Centers Inc. (TCO) as of Q3 2016, down from 261 in Q2 2016.
- Funds reported $4.44B of Taubman Centers Inc. stock for Q3 2016, down 2.2% quarter-over-quarter.
- 23 funds opened new Taubman Centers Inc. positions in Q3 2016 and 33 closed out, a net change of -10 holders.
- The largest Taubman Centers Inc. buyer in Q3 2016 was Fidelity Investments, an estimated $52.1M added.
- The largest Taubman Centers Inc. seller in Q3 2016 was Long Pond Capital, an estimated $75.9M sold.
Based on aggregated 13F filings for Q3 2016.