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TransDigm Group

363 hedge funds and large institutions have $12B invested in TransDigm Group in 2016 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 151 increasing their positions, 114 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 114

7.91% more ownership

Funds ownership: 99.52%107.42% (+7.9%)

1% less capital invested

Capital invested by funds: $12.1B → $12B (-$170M)

2% less funds holding

Funds holding: 372363 (-9)

10% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 58

14% less funds holding in top 10

Funds holding in top 10: 2824 (-4)

36% less call options, than puts

Call options by funds: $25M | Put options by funds: $39.3M

Holders
363
Holders Change
-9
Holders Change %
-2.42%
% of All Funds
9.67%
Holding in Top 10
24
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-14.29%
% of All Funds
0.64%
New
52
Increased
151
Reduced
114
Closed
58
Calls
$25M
Puts
$39.3M
Net Calls
-$14.3M
Net Calls Change
-$14.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$845M +$72M +329,600 +9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$803M +$21.7M +99,287 +3%
LPC
3
Lone Pine Capital
Connecticut
$467M -$11.7M -53,500 -2%
Principal Financial Group
4
Principal Financial Group
Iowa
$400M +$83.8M +383,946 +27%
BP
5
Berkshire Partners
Massachusetts
$399M +$95M +434,891 +32%
SP
6
Stockbridge Partners
Massachusetts
$336M +$41.1M +188,162 +14%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$333M -$158M -722,683 -32%
BIT
8
BlackRock Institutional Trust
California
$295M +$4.86M +22,274 +2%
BCPEM
9
Bain Capital Public Equity Management
Massachusetts
$272M -$45.7M -209,483 -15%
Select Equity Group
10
Select Equity Group
New York
$254M +$24.8M +113,356 +11%
Viking Global Investors
11
Viking Global Investors
Connecticut
$243M -$109M -498,818 -31%
William Blair Investment Management
12
William Blair Investment Management
Illinois
$242M +$16M +73,282 +7%
BRC
13
Blue Ridge Capital
New York
$232M +$19.4M +88,900 +9%
State Street
14
State Street
Massachusetts
$225M +$7.66M +35,099 +4%
TP
15
Tesuji Partners
New Jersey
$221M +$49.2M +225,206 +29%
TP
16
Third Point
New York
$220M +$218M +1,000,000 New
MC
17
Maverick Capital
Texas
$219M -$71.4M -327,061 -25%
FCM
18
Farallon Capital Management
California
$181M +$32.7M +149,792 +22%
WCM
19
Wedge Capital Management
North Carolina
$177M +$8.84M +40,471 +5%
JHIU
20
Janus Henderson Investors US
Colorado
$169M +$40.2M +183,969 +31%
PCM
21
Pennant Capital Management
New Jersey
$165M -$27.9M -127,885 -15%
AP
22
Altarock Partners
Florida
$161M +$7.64M +34,972 +5%
UBS AM
23
UBS AM
Illinois
$157M -$2.96M -13,572 -2%
BAMCO Inc
24
BAMCO Inc
New York
$154M -$10.9M -50,000 -7%
BBHC
25
Brown Brothers Harriman & Co
New York
$138M +$284K +1,300 +0.2%

TDG Hedge Fund Activity: Q1 2016 in Review

363 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in TransDigm Group (TDG) for Q1 2016, worth a combined $12B — down 1.4% from $12.1B a quarter earlier.

Sellers outnumbered buyers: 58 funds closed out of TDG and 52 opened new positions — a net loss of 6 holders — while 114 trimmed existing stakes and 151 added.

The largest buyer was Royal London Asset Management, adding an estimated $577M. The largest seller was Tiger Global Management, exiting entirely with an estimated $279M sold.

  • 363 institutional investors held TransDigm Group (TDG) as of Q1 2016, down from 372 in Q4 2015.
  • Funds reported $12B of TransDigm Group stock for Q1 2016, down 1.4% quarter-over-quarter.
  • 52 funds opened new TransDigm Group positions in Q1 2016 and 58 closed out, a net change of -6 holders.
  • The largest TransDigm Group buyer in Q1 2016 was Royal London Asset Management, an estimated $577M added.
  • The largest TransDigm Group seller in Q1 2016 was Tiger Global Management, an estimated $279M sold.

Based on aggregated 13F filings for Q1 2016.