Taubman Centers Inc.
TCO
TCO was delisted on the 28th of December, 2020.
252 hedge funds and large institutions have $3.7B invested in Taubman Centers Inc. in 2018 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 100 increasing their positions, 77 reducing their positions, and 30 closing their positions.
216% more call options, than puts
Call options by funds: $15.9M | Put options by funds: $5.04M
30% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 30
30% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 77
2% more funds holding
Funds holding: 246 → 252 (+6)
22% less capital invested
Capital invested by funds: $4.75B → $3.7B (-$1.05B)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$51.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$33.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$31M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$13.3M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$191M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$101M |
| 3 |
LPC
Long Pond Capital
New York
|
-$93M |
| 4 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$84.2M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$54.7M |
TCO Hedge Fund Activity: Q1 2018 in Review
252 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Taubman Centers Inc. (TCO) for Q1 2018, worth a combined $3.7B — down 22% from $4.75B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new TCO positions and 30 closed out — a net gain of 9 holders — while 100 added to existing stakes and 77 trimmed.
The largest buyer was Aberdeen Group, opening a new position worth an estimated $51.5M. The largest seller was Elliott Management, exiting entirely with an estimated $191M sold.
- 252 institutional investors held Taubman Centers Inc. (TCO) as of Q1 2018, up from 246 in Q4 2017.
- Funds reported $3.7B of Taubman Centers Inc. stock for Q1 2018, down 22% quarter-over-quarter.
- 39 funds opened new Taubman Centers Inc. positions in Q1 2018 and 30 closed out, a net change of +9 holders.
- The largest Taubman Centers Inc. buyer in Q1 2018 was Aberdeen Group, an estimated $51.5M added.
- The largest Taubman Centers Inc. seller in Q1 2018 was Elliott Management, an estimated $191M sold.
Based on aggregated 13F filings for Q1 2018.