Taubman Centers Inc.
TCO
TCO was delisted on the 28th of December, 2020.
225 hedge funds and large institutions have $3.1B invested in Taubman Centers Inc. in 2017 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 93 increasing their positions, 73 reducing their positions, and 26 closing their positions.
28% more call options, than puts
Call options by funds: $4.12M | Put options by funds: $3.21M
27% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 73
8% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 26
2% less funds holding
Funds holding: 229 → 225 (-4)
15% less capital invested
Capital invested by funds: $3.66B → $3.1B (-$555M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
+$128M |
| 2 |
Morgan Stanley
New York
|
+$40.1M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$27.5M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$26.4M |
| 5 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$112M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$80.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$25.2M |
| 4 |
LPC
Long Pond Capital
New York
|
-$23.9M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$11.8M |
TCO Hedge Fund Activity: Q3 2017 in Review
225 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Taubman Centers Inc. (TCO) for Q3 2017, worth a combined $3.1B — down 15% from $3.66B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TCO and 24 opened new positions — a net loss of 2 holders — while 73 trimmed existing stakes and 93 added.
The largest buyer was Elliott Management, opening a new position worth an estimated $128M. The largest seller was Goldman Sachs, cutting an estimated $112M.
- 225 institutional investors held Taubman Centers Inc. (TCO) as of Q3 2017, down from 229 in Q2 2017.
- Funds reported $3.1B of Taubman Centers Inc. stock for Q3 2017, down 15% quarter-over-quarter.
- 24 funds opened new Taubman Centers Inc. positions in Q3 2017 and 26 closed out, a net change of -2 holders.
- The largest Taubman Centers Inc. buyer in Q3 2017 was Elliott Management, an estimated $128M added.
- The largest Taubman Centers Inc. seller in Q3 2017 was Goldman Sachs, an estimated $112M sold.
Based on aggregated 13F filings for Q3 2017.