TFS Financial
TFSL
113 hedge funds and large institutions have $620M invested in TFS Financial in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 46 increasing their positions, 39 reducing their positions, and 13 closing their positions.
31% more call options, than puts
Call options by funds: $837K | Put options by funds: $637K
18% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 39
4% more capital invested
Capital invested by funds: $594M → $620M (+$25.5M)
6% less funds holding
Funds holding: 120 → 113 (-7)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$8.53M |
| 2 |
BPM
Bronson Point Management
Fairfield,
Connecticut
|
+$8.5M |
| 3 |
GCM
Gruss Capital Management
New York
|
+$6.95M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$6.21M |
| 5 |
Millennium Management
New York
|
+$4.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
-$5.14M |
| 2 |
GC
Globeflex Capital
San Diego,
California
|
-$3.63M |
| 3 |
Renaissance Technologies
New York
|
-$3.3M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$2.68M |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$2.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Two Sigma Investments
New York
| – | -$141K | -11,654 | Closed |
|
TFSL Hedge Fund Activity: Q1 2014 in Review
113 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in TFS Financial (TFSL) for Q1 2014, worth a combined $620M — up 4.3% from $594M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TFSL and 6 opened new positions — a net loss of 7 holders — while 39 trimmed existing stakes and 46 added.
The largest buyer was Stieven Capital Advisors, adding an estimated $8.53M. The largest seller was Newtyn Management, cutting an estimated $5.14M.
- 113 institutional investors held TFS Financial (TFSL) as of Q1 2014, down from 120 in Q4 2013.
- Funds reported $620M of TFS Financial stock for Q1 2014, up 4.3% quarter-over-quarter.
- 6 funds opened new TFS Financial positions in Q1 2014 and 13 closed out, a net change of -7 holders.
- The largest TFS Financial buyer in Q1 2014 was Stieven Capital Advisors, an estimated $8.53M added.
- The largest TFS Financial seller in Q1 2014 was Newtyn Management, an estimated $5.14M sold.
Based on aggregated 13F filings for Q1 2014.