Taubman Centers Inc.
TCO
TCO was delisted on the 28th of December, 2020.
250 hedge funds and large institutions have $2.73B invested in Taubman Centers Inc. in 2020 Q1 according to their latest regulatory filings, with 88 funds opening new positions, 73 increasing their positions, 63 reducing their positions, and 79 closing their positions.
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
38% more capital invested
Capital invested by funds: $1.98B → $2.73B (+$748M)
16% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 63
11% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 79
3% more funds holding
Funds holding: 243 → 250 (+7)
36% less call options, than puts
Call options by funds: $29.4M | Put options by funds: $46.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$152M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$105M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$83.3M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$60.9M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$57.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$236M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$106M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$96.9M |
| 4 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$61.9M |
| 5 |
MIRH
Madison International Realty Holdings
New York
|
-$55.3M |
TCO Hedge Fund Activity: Q1 2020 in Review
250 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Taubman Centers Inc. (TCO) for Q1 2020, worth a combined $2.73B — up 38% from $1.98B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new TCO positions and 79 closed out — a net gain of 9 holders — while 73 added to existing stakes and 63 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $152M. The largest seller was Cohen & Steers, cutting an estimated $236M.
- 250 institutional investors held Taubman Centers Inc. (TCO) as of Q1 2020, up from 243 in Q4 2019.
- Funds reported $2.73B of Taubman Centers Inc. stock for Q1 2020, up 38% quarter-over-quarter.
- 88 funds opened new Taubman Centers Inc. positions in Q1 2020 and 79 closed out, a net change of +9 holders.
- The largest Taubman Centers Inc. buyer in Q1 2020 was Goldman Sachs, an estimated $152M added.
- The largest Taubman Centers Inc. seller in Q1 2020 was Cohen & Steers, an estimated $236M sold.
Based on aggregated 13F filings for Q1 2020.