Tesco Corp
TESO
TESO was delisted on the 14th of December, 2017.
113 hedge funds and large institutions have $294M invested in Tesco Corp in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 57 increasing their positions, 19 reducing their positions, and 8 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 19
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
9% more funds holding
Funds holding: 104 → 113 (+9)
7% less capital invested
Capital invested by funds: $315M → $294M (-$20.6M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$9.97M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.35M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.59M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$1.95M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.17M |
| 3 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
-$792K |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$614K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$310K |
TESO Hedge Fund Activity: Q2 2016 in Review
113 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tesco Corp (TESO) for Q2 2016, worth a combined $294M — down 6.5% from $315M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TESO positions and 8 closed out — a net gain of 9 holders — while 57 added to existing stakes and 19 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $13.7M. The largest seller was Forest Hill Capital, exiting entirely with an estimated $1.95M sold.
- 113 institutional investors held Tesco Corp (TESO) as of Q2 2016, up from 104 in Q1 2016.
- Funds reported $294M of Tesco Corp stock for Q2 2016, down 6.5% quarter-over-quarter.
- 17 funds opened new Tesco Corp positions in Q2 2016 and 8 closed out, a net change of +9 holders.
- The largest Tesco Corp buyer in Q2 2016 was Fidelity Investments, an estimated $13.7M added.
- The largest Tesco Corp seller in Q2 2016 was Forest Hill Capital, an estimated $1.95M sold.
Based on aggregated 13F filings for Q2 2016.