Tesco Corp
TESO
TESO was delisted on the 14th of December, 2017.
119 hedge funds and large institutions have $222M invested in Tesco Corp in 2017 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 35 increasing their positions, 38 reducing their positions, and 13 closing their positions.
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
17% more capital invested
Capital invested by funds: $190M → $222M (+$32.7M)
9% more funds holding
Funds holding: 109 → 119 (+10)
8% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
GLG Partners
London,
United Kingdom
|
+$10.3M |
| 2 |
WIC
Water Island Capital
New York
|
+$6.87M |
| 3 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$4.3M |
| 4 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$4.17M |
| 5 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$3.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.97M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$8.12M |
| 4 |
RA
Royce & Associates
New York
|
-$3.76M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$2.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
126
Trexquant Investment
Stamford,
Connecticut
| – | -$153K | -34,311 | Closed |
|
127
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$128K | -28,659 | Closed |
|
|
VRS
128
Virginia Retirement Systems
Richmond,
Virginia
| – | -$105K | -23,680 | Closed |
|
129
Citadel Advisors
Miami,
Florida
| – | -$62K | -13,915 | Closed |
|
130
Group One Trading
Chicago,
Illinois
| – | -$3K | -596 | Closed |
|
|
TWA
131
TCI Wealth Advisors
Tucson,
Arizona
| – | -$776 | -169 | -89% |
|
TESO Hedge Fund Activity: Q3 2017 in Review
119 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Tesco Corp (TESO) for Q3 2017, worth a combined $222M — up 17% from $190M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TESO positions and 13 closed out — a net gain of 11 holders — while 35 added to existing stakes and 38 trimmed.
The largest buyer was GLG Partners, opening a new position worth an estimated $10.3M. The largest seller was Fidelity Investments, cutting an estimated $10.9M.
- 119 institutional investors held Tesco Corp (TESO) as of Q3 2017, up from 109 in Q2 2017.
- Funds reported $222M of Tesco Corp stock for Q3 2017, up 17% quarter-over-quarter.
- 24 funds opened new Tesco Corp positions in Q3 2017 and 13 closed out, a net change of +11 holders.
- The largest Tesco Corp buyer in Q3 2017 was GLG Partners, an estimated $10.3M added.
- The largest Tesco Corp seller in Q3 2017 was Fidelity Investments, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2017.