TFS Financial
TFSL
127 hedge funds and large institutions have $425M invested in TFS Financial in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 35 increasing their positions, 57 reducing their positions, and 22 closing their positions.
0.61% less ownership
Funds ownership: 11.22% → 10.61% (-0.61%)
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
2% less funds holding
Funds holding: 130 → 127 (-3)
11% less capital invested
Capital invested by funds: $480M → $425M (-$54.5M)
39% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 57
97% less call options, than puts
Call options by funds: $37K | Put options by funds: $1.22M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$4.58M |
| 2 |
JAM
Jacobs Asset Management
New York
|
+$2.8M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$2.28M |
| 4 |
Millennium Management
New York
|
+$2.11M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$15.2M |
| 2 |
Goldman Sachs
New York
|
-$8.07M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.17M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.39M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$3.37M |
TFSL Hedge Fund Activity: Q2 2020 in Review
127 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in TFS Financial (TFSL) for Q2 2020, worth a combined $425M — down 11% from $480M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of TFSL and 20 opened new positions — a net loss of 2 holders — while 57 trimmed existing stakes and 35 added.
The largest buyer was Cramer Rosenthal McGlynn, adding an estimated $4.58M. The largest seller was Victory Capital Management, cutting an estimated $15.2M.
- 127 institutional investors held TFS Financial (TFSL) as of Q2 2020, down from 130 in Q1 2020.
- Funds reported $425M of TFS Financial stock for Q2 2020, down 11% quarter-over-quarter.
- 20 funds opened new TFS Financial positions in Q2 2020 and 22 closed out, a net change of -2 holders.
- The largest TFS Financial buyer in Q2 2020 was Cramer Rosenthal McGlynn, an estimated $4.58M added.
- The largest TFS Financial seller in Q2 2020 was Victory Capital Management, an estimated $15.2M sold.
Based on aggregated 13F filings for Q2 2020.