TFS Financial
TFSL
114 hedge funds and large institutions have $523M invested in TFS Financial in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 44 increasing their positions, 31 reducing their positions, and 18 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 31
14% more capital invested
Capital invested by funds: $457M → $523M (+$65.7M)
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
1% more funds holding
Funds holding: 113 → 114 (+1)
0.72% more ownership
Funds ownership: 10.87% → 11.59% (+0.72%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $9K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$11.7M |
| 2 |
Goldman Sachs
New York
|
+$9.82M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$9.61M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$5.89M |
| 5 |
Renaissance Technologies
New York
|
+$3.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$5.56M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$5.23M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$2.88M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.81M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
126
Jefferies Group
New York
| – | -$153K | -10,205 | Closed |
|
|
AA
127
Ancora Advisors
Cleveland,
Ohio
| – | -$65K | -4,385 | Closed |
|
|
SWP
128
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$20K | -1,339 | Closed |
|
|
APA
129
American Portfolios Advisors
Holbrook,
New York
| – | -$11.1K | -742 | Closed |
|
|
RE
130
RBC Europe
London,
United Kingdom
| – | -$4.8K | -320 | Closed |
|
|
CAG
131
Csenge Advisory Group
Clearwater,
Florida
| – | -$1K | -114 | Closed |
|
132
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2K | -112 | Closed |
|
TFSL Hedge Fund Activity: Q4 2018 in Review
114 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in TFS Financial (TFSL) for Q4 2018, worth a combined $523M — up 14% from $457M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TFSL positions and 18 closed out — a net gain of 1 holder — while 44 added to existing stakes and 31 trimmed.
The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $11.7M. The largest seller was Curi RMB Capital, cutting an estimated $5.56M.
- 114 institutional investors held TFS Financial (TFSL) as of Q4 2018, up from 113 in Q3 2018.
- Funds reported $523M of TFS Financial stock for Q4 2018, up 14% quarter-over-quarter.
- 19 funds opened new TFS Financial positions in Q4 2018 and 18 closed out, a net change of +1 holder.
- The largest TFS Financial buyer in Q4 2018 was Cramer Rosenthal McGlynn, an estimated $11.7M added.
- The largest TFS Financial seller in Q4 2018 was Curi RMB Capital, an estimated $5.56M sold.
Based on aggregated 13F filings for Q4 2018.