Taubman Centers Inc.
TCO
TCO was delisted on the 28th of December, 2020.
255 hedge funds and large institutions have $4.18B invested in Taubman Centers Inc. in 2013 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 100 increasing their positions, 92 reducing their positions, and 28 closing their positions.
18% more call options, than puts
Call options by funds: $5.2M | Put options by funds: $4.42M
9% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 92
7% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 28
0% more funds holding
Funds holding: 254 → 255 (+1)
10% less capital invested
Capital invested by funds: $4.66B → $4.18B (-$474M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$72.7M |
| 2 |
ACM
AEW Capital Management
Boston,
Massachusetts
|
+$47.2M |
| 3 |
Morgan Stanley
New York
|
+$47.2M |
| 4 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$45.6M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$44.3M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$36.8M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$36.8M |
| 4 |
Cohen & Steers
New York
|
-$36.6M |
| 5 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$33.8M |
TCO Hedge Fund Activity: Q3 2013 in Review
255 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Taubman Centers Inc. (TCO) for Q3 2013, worth a combined $4.18B — down 10% from $4.66B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TCO positions and 28 closed out — a net gain of 2 holders — while 100 added to existing stakes and 92 trimmed.
The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $72.7M. The largest seller was Capital Growth Management, exiting entirely with an estimated $44.3M sold.
- 255 institutional investors held Taubman Centers Inc. (TCO) as of Q3 2013, up from 254 in Q2 2013.
- Funds reported $4.18B of Taubman Centers Inc. stock for Q3 2013, down 10% quarter-over-quarter.
- 30 funds opened new Taubman Centers Inc. positions in Q3 2013 and 28 closed out, a net change of +2 holders.
- The largest Taubman Centers Inc. buyer in Q3 2013 was Cramer Rosenthal McGlynn, an estimated $72.7M added.
- The largest Taubman Centers Inc. seller in Q3 2013 was Capital Growth Management, an estimated $44.3M sold.
Based on aggregated 13F filings for Q3 2013.