TFI International
TFII
110 hedge funds and large institutions have $1.26B invested in TFI International in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 35 increasing their positions, 46 reducing their positions, and 9 closing their positions.
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
63% more capital invested
Capital invested by funds: $775M → $1.26B (+$485M)
15% more funds holding
Funds holding: 96 → 110 (+14)
0.97% more ownership
Funds ownership: 39.05% → 40.03% (+0.97%)
24% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.7M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$18.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$13.9M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$13.2M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$19M |
| 2 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
-$16.5M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$13.1M |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$11M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$8.79M |
TFII Hedge Fund Activity: Q2 2020 in Review
110 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in TFI International (TFII) for Q2 2020, worth a combined $1.26B — up 63% from $775M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new TFII positions and 9 closed out — a net gain of 14 holders — while 35 added to existing stakes and 46 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $52.7M. The largest seller was CI Investments Inc, cutting an estimated $19M.
- 110 institutional investors held TFI International (TFII) as of Q2 2020, up from 96 in Q1 2020.
- Funds reported $1.26B of TFI International stock for Q2 2020, up 63% quarter-over-quarter.
- 23 funds opened new TFI International positions in Q2 2020 and 9 closed out, a net change of +14 holders.
- The largest TFI International buyer in Q2 2020 was Fidelity Investments, an estimated $52.7M added.
- The largest TFI International seller in Q2 2020 was CI Investments Inc, an estimated $19M sold.
Based on aggregated 13F filings for Q2 2020.