TFS Financial
TFSL
117 hedge funds and large institutions have $704M invested in TFS Financial in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 36 increasing their positions, 50 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
14% more capital invested
Capital invested by funds: $620M → $704M (+$83.9M)
4% more funds holding
Funds holding: 113 → 117 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
28% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 50
51% less call options, than puts
Call options by funds: $799K | Put options by funds: $1.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$16.3M |
| 2 |
AC
Amici Capital
New York
|
+$5.07M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$5M |
| 4 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$3.67M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$14M |
| 2 |
NM
Newtyn Management
New York
|
-$12.4M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$6.49M |
| 4 |
Millennium Management
New York
|
-$5.04M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$1.49M |
TFSL Hedge Fund Activity: Q2 2014 in Review
117 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in TFS Financial (TFSL) for Q2 2014, worth a combined $704M — up 14% from $620M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TFSL positions and 5 closed out — a net gain of 4 holders — while 36 added to existing stakes and 50 trimmed.
The largest buyer was Norges Bank, adding an estimated $16.3M. The largest seller was Arrowstreet Capital, cutting an estimated $14M.
- 117 institutional investors held TFS Financial (TFSL) as of Q2 2014, up from 113 in Q1 2014.
- Funds reported $704M of TFS Financial stock for Q2 2014, up 14% quarter-over-quarter.
- 9 funds opened new TFS Financial positions in Q2 2014 and 5 closed out, a net change of +4 holders.
- The largest TFS Financial buyer in Q2 2014 was Norges Bank, an estimated $16.3M added.
- The largest TFS Financial seller in Q2 2014 was Arrowstreet Capital, an estimated $14M sold.
Based on aggregated 13F filings for Q2 2014.