Taubman Centers Inc.
TCO
TCO was delisted on the 28th of December, 2020.
247 hedge funds and large institutions have $2.18B invested in Taubman Centers Inc. in 2020 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 83 increasing their positions, 98 reducing their positions, and 36 closing their positions.
6% less funds holding
Funds holding: 264 → 247 (-17)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
15% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 98
17% less capital invested
Capital invested by funds: $2.62B → $2.18B (-$439M)
24% less call options, than puts
Call options by funds: $156M | Put options by funds: $206M
42% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$51M |
| 2 |
RA
Ramius Advisors
New York
|
+$29.2M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$23.6M |
| 4 |
D.E. Shaw & Co
New York
|
+$20.2M |
| 5 |
Millennium Management
New York
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$43.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$41.9M |
| 3 |
IA
IndexIQ Advisors
New York
|
-$34.6M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$30.3M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$19.9M |
TCO Hedge Fund Activity: Q3 2020 in Review
247 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Taubman Centers Inc. (TCO) for Q3 2020, worth a combined $2.18B — down 17% from $2.62B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of TCO and 21 opened new positions — a net loss of 15 holders — while 98 trimmed existing stakes and 83 added.
The largest buyer was Pentwater Capital Management, adding an estimated $51M. The largest seller was Goldman Sachs, cutting an estimated $43.9M.
- 247 institutional investors held Taubman Centers Inc. (TCO) as of Q3 2020, down from 264 in Q2 2020.
- Funds reported $2.18B of Taubman Centers Inc. stock for Q3 2020, down 17% quarter-over-quarter.
- 21 funds opened new Taubman Centers Inc. positions in Q3 2020 and 36 closed out, a net change of -15 holders.
- The largest Taubman Centers Inc. buyer in Q3 2020 was Pentwater Capital Management, an estimated $51M added.
- The largest Taubman Centers Inc. seller in Q3 2020 was Goldman Sachs, an estimated $43.9M sold.
Based on aggregated 13F filings for Q3 2020.