Taubman Centers Inc.
TCO
TCO was delisted on the 28th of December, 2020.
243 hedge funds and large institutions have $1.98B invested in Taubman Centers Inc. in 2019 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 100 increasing their positions, 62 reducing their positions, and 41 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 62
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
22% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 41
2% more funds holding
Funds holding: 239 → 243 (+4)
22% less capital invested
Capital invested by funds: $2.54B → $1.98B (-$561M)
49% less call options, than puts
Call options by funds: $2.85M | Put options by funds: $5.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPSG
Brookfield Public Securities Group
New York
|
+$16.5M |
| 2 |
EC
EMS Capital
New York
|
+$14.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$9.84M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$9.79M |
| 5 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
+$9.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$33M |
| 2 |
Millennium Management
New York
|
-$29M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.1M |
| 4 |
State Street
Boston,
Massachusetts
|
-$9.59M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$6.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
ClearBridge Investments
New York
| – | -$24K | -600 | Closed |
|
|
TC
277
Truvestments Capital
Sarasota,
Florida
| – | -$20K | -478 | Closed |
|
|
MAM
278
Meeder Asset Management
Dublin,
Ohio
| – | -$5K | -125 | Closed |
|
|
CFG
279
Citizens Financial Group
Providence,
Rhode Island
| – | -$4K | -89 | Closed |
|
|
HGWM
280
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$892 | -26 | Closed |
|
TCO Hedge Fund Activity: Q4 2019 in Review
243 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Taubman Centers Inc. (TCO) for Q4 2019, worth a combined $1.98B — down 22% from $2.54B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new TCO positions and 41 closed out — a net gain of 9 holders — while 100 added to existing stakes and 62 trimmed.
The largest buyer was Brookfield Public Securities Group, adding an estimated $16.5M. The largest seller was Lasalle Investment Management Securities, cutting an estimated $33M.
- 243 institutional investors held Taubman Centers Inc. (TCO) as of Q4 2019, up from 239 in Q3 2019.
- Funds reported $1.98B of Taubman Centers Inc. stock for Q4 2019, down 22% quarter-over-quarter.
- 50 funds opened new Taubman Centers Inc. positions in Q4 2019 and 41 closed out, a net change of +9 holders.
- The largest Taubman Centers Inc. buyer in Q4 2019 was Brookfield Public Securities Group, an estimated $16.5M added.
- The largest Taubman Centers Inc. seller in Q4 2019 was Lasalle Investment Management Securities, an estimated $33M sold.
Based on aggregated 13F filings for Q4 2019.