Taubman Centers Inc.
TCO
TCO was delisted on the 28th of December, 2020.
264 hedge funds and large institutions have $2.62B invested in Taubman Centers Inc. in 2020 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 80 increasing their positions, 96 reducing their positions, and 43 closing their positions.
56% more funds holding in top 10
Funds holding in top 10: 9 → 14 (+5)
37% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 43
11% more call options, than puts
Call options by funds: $152M | Put options by funds: $137M
6% more funds holding
Funds holding: 250 → 264 (+14)
4% less capital invested
Capital invested by funds: $2.73B → $2.62B (-$108M)
17% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$76.2M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$67.2M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$41.9M |
| 4 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$38.6M |
| 5 |
RCM
Redwood Capital Management
New York
|
+$33.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
-$41.9M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$36.3M |
| 3 |
YCMGA
York Capital Management Global Advisors
New York
|
-$35.7M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
-$26.9M |
| 5 |
RA
Ramius Advisors
New York
|
-$24.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KPW
301
Kore Private Wealth
New York
| – | -$1K | -35 | Closed |
|
302
Rockefeller Capital Management
New York
| – | -$1K | -26 | Closed |
|
|
SFSIG
303
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$1K | -20 | Closed |
|
|
IA
304
IFP Advisors
Tampa,
Florida
| – | -$409 | -10 | -45% |
|
|
BBHC
305
Brown Brothers Harriman & Co
New York
| – | +$204 | +5 | New |
|
|
IFAM
306
Institutional & Family Asset Management
Fort Collins,
Colorado
| – | +$327 | +8 | New |
|
TCO Hedge Fund Activity: Q2 2020 in Review
264 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Taubman Centers Inc. (TCO) for Q2 2020, worth a combined $2.62B — down 4% from $2.73B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new TCO positions and 43 closed out — a net gain of 16 holders — while 80 added to existing stakes and 96 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $76.2M. The largest seller was Water Island Capital, exiting entirely with an estimated $41.9M sold.
- 264 institutional investors held Taubman Centers Inc. (TCO) as of Q2 2020, up from 250 in Q1 2020.
- Funds reported $2.62B of Taubman Centers Inc. stock for Q2 2020, down 4% quarter-over-quarter.
- 59 funds opened new Taubman Centers Inc. positions in Q2 2020 and 43 closed out, a net change of +16 holders.
- The largest Taubman Centers Inc. buyer in Q2 2020 was BNP Paribas Financial Markets, an estimated $76.2M added.
- The largest Taubman Centers Inc. seller in Q2 2020 was Water Island Capital, an estimated $41.9M sold.
Based on aggregated 13F filings for Q2 2020.