Tesco Corp
TESO
TESO was delisted on the 14th of December, 2017.
104 hedge funds and large institutions have $315M invested in Tesco Corp in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 55 increasing their positions, 23 reducing their positions, and 13 closing their positions.
139% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 23
22% more capital invested
Capital invested by funds: $258M → $315M (+$57.1M)
8% less funds holding
Funds holding: 113 → 104 (-9)
69% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$13M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.53M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.62M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.71M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$8.03M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$4.13M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$3.28M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.56M |
| 5 |
State Street
Boston,
Massachusetts
|
-$794K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ED
101
Exane Derivatives
Paris,
France
| $189 | -$2.89K | -410 | -95% |
|
|
EWM
102
Endurance Wealth Management
Providence,
Rhode Island
| $3 | – | – | – |
|
|
103
Lazard Asset Management
New York
| – | -$8.03M | -1,109,131 | Closed |
|
|
104
Schroder Investment Management Group
London,
United Kingdom
| – | -$3.28M | -453,468 | Closed |
|
|
DC
105
Deere & Company
Moline,
Illinois
| – | -$457K | -63,163 | Closed |
|
|
ARTA
106
A.R.T. Advisors
New York
| – | -$407K | -56,318 | Closed |
|
|
SAM
107
Shell Asset Management
The Hague,
Netherlands
| – | -$219K | -31,023 | Closed |
|
108
AQR Capital Management
Greenwich,
Connecticut
| – | -$157K | -21,626 | Closed |
|
109
Squarepoint
New York
| – | -$125K | -17,300 | Closed |
|
|
GC
110
Guggenheim Capital
Chicago,
Illinois
| – | -$78K | -10,728 | Closed |
|
|
TRCT
111
Tower Research Capital (TRC)
New York
| – | -$49K | -6,745 | Closed |
|
112
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$4K | -500 | Closed |
|
|
GAM
113
Gemmer Asset Management
Walnut Creek,
California
| – | -$3K | -374 | Closed |
|
114
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -109 | Closed |
|
TESO Hedge Fund Activity: Q1 2016 in Review
104 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Tesco Corp (TESO) for Q1 2016, worth a combined $315M — up 22% from $258M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TESO and 4 opened new positions — a net loss of 9 holders — while 23 trimmed existing stakes and 55 added.
The largest buyer was Fidelity Investments, adding an estimated $13M. The largest seller was Lazard Asset Management, exiting entirely with an estimated $8.03M sold.
- 104 institutional investors held Tesco Corp (TESO) as of Q1 2016, down from 113 in Q4 2015.
- Funds reported $315M of Tesco Corp stock for Q1 2016, up 22% quarter-over-quarter.
- 4 funds opened new Tesco Corp positions in Q1 2016 and 13 closed out, a net change of -9 holders.
- The largest Tesco Corp buyer in Q1 2016 was Fidelity Investments, an estimated $13M added.
- The largest Tesco Corp seller in Q1 2016 was Lazard Asset Management, an estimated $8.03M sold.
Based on aggregated 13F filings for Q1 2016.