Tesco Corp
TESO
TESO was delisted on the 14th of December, 2017.
144 hedge funds and large institutions have $704M invested in Tesco Corp in 2013 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 55 increasing their positions, 37 reducing their positions, and 12 closing their positions.
175% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 12
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
49% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 37
24% more capital invested
Capital invested by funds: $568M → $704M (+$136M)
17% more funds holding
Funds holding: 123 → 144 (+21)
62% less call options, than puts
Call options by funds: $184K | Put options by funds: $484K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$10.2M |
| 2 |
GIM
Greylin Investment Management
Orange,
Virginia
|
+$7.5M |
| 3 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
+$6.38M |
| 4 |
JIR
James Investment Research
Alpha,
Ohio
|
+$5.87M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$5.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LRM
Lime Rock Management
Westport,
Connecticut
|
-$19.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$12M |
| 3 |
RA
Royce & Associates
New York
|
-$11.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.44M |
| 5 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
-$3.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
151
Driehaus Capital Management
Chicago,
Illinois
| – | -$199K | -12,000 | Closed |
|
|
JG
152
Jefferies Group
New York
| – | -$177K | -10,665 | Closed |
|
153
Citadel Advisors
Miami,
Florida
| – | -$51K | -3,108 | Closed |
|
154
Creative Planning
Overland Park,
Kansas
| – | -$13K | -800 | Closed |
|
|
MMH
155
Menora Mivtachim Holdings
Ramat Gan,
Israel
| – | -$7K | -408 | Closed |
|
TESO Hedge Fund Activity: Q4 2013 in Review
144 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Tesco Corp (TESO) for Q4 2013, worth a combined $704M — up 24% from $568M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new TESO positions and 12 closed out — a net gain of 21 holders — while 55 added to existing stakes and 37 trimmed.
The largest buyer was Copper Rock Capital Partners, opening a new position worth an estimated $10.2M. The largest seller was Lime Rock Management, cutting an estimated $19.3M.
- 144 institutional investors held Tesco Corp (TESO) as of Q4 2013, up from 123 in Q3 2013.
- Funds reported $704M of Tesco Corp stock for Q4 2013, up 24% quarter-over-quarter.
- 33 funds opened new Tesco Corp positions in Q4 2013 and 12 closed out, a net change of +21 holders.
- The largest Tesco Corp buyer in Q4 2013 was Copper Rock Capital Partners, an estimated $10.2M added.
- The largest Tesco Corp seller in Q4 2013 was Lime Rock Management, an estimated $19.3M sold.
Based on aggregated 13F filings for Q4 2013.