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TFS Financial

109 hedge funds and large institutions have $497M invested in TFS Financial in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 45 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.08% less ownership

Funds ownership: 11.44%11.36% (-0.08%)

2% less funds holding

Funds holding: 111109 (-2)

8% less capital invested

Capital invested by funds: $540M → $497M (-$43.1M)

13% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 15

29% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 45

Holders
109
Holders Change
-2
Holders Change %
-1.8%
% of All Funds
2.72%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
13
Increased
32
Reduced
45
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$97.3M +$3.99M +247,100 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$83.4M +$605K +37,420 +0.7%
BlackRock
3
BlackRock
New York
$40.3M -$658K -40,721 -2%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$32.4M -$223K -13,800 -0.7%
Brown Advisory
5
Brown Advisory
Maryland
$30.5M +$1.73M +107,361 +6%
ECP
6
Empyrean Capital Partners
California
$27.7M -$2.16M -133,700 -7%
SCA
7
Stieven Capital Advisors
Missouri
$20.8M -$43.6K -2,700 -0.2%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$15.9M +$213K +13,200 +1%
Norges Bank
9
Norges Bank
Norway
$13.8M -$341K -21,081 -2%
State Street
10
State Street
Massachusetts
$12M -$794K -49,161 -6%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$11.2M +$536K +33,192 +5%
Victory Capital Management
12
Victory Capital Management
Texas
$9.52M +$1.33M +82,282 +15%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$7.9M -$44.5K -2,757 -0.5%
PPA
14
Parametric Portfolio Associates
Washington
$6.91M -$1.11M -68,479 -13%
First Trust Advisors
15
First Trust Advisors
Illinois
$6.86M -$1.89M -116,665 -21%
Millennium Management
16
Millennium Management
New York
$6.04M +$5.24M +324,119 +490%
Northern Trust
17
Northern Trust
Illinois
$5.44M -$354K -21,904 -6%
AA
18
Ancora Advisors
Ohio
$5.1M +$500K +30,950 +10%
AIMCA
19
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$4.71M +$292K +18,100 +6%
TCIM
20
TIAA CREF Investment Management
New York
$4.08M -$51.9K -3,210 -1%
Deutsche Bank
21
Deutsche Bank
Germany
$3.75M +$1.25M +77,253 +47%
SBH
22
Segall Bryant & Hamill
Illinois
$3.62M +$314K +19,425 +9%
Charles Schwab
23
Charles Schwab
California
$3.31M +$146K +9,060 +4%
TA
24
Teachers Advisors
New York
$3.25M -$166K -10,258 -5%
State Board of Administration of Florida Retirement System
25
State Board of Administration of Florida Retirement System
Florida
$2.88M

TFSL Hedge Fund Activity: Q2 2017 in Review

109 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in TFS Financial (TFSL) for Q2 2017, worth a combined $497M — down 8% from $540M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of TFSL and 13 opened new positions — a net loss of 2 holders — while 45 trimmed existing stakes and 32 added.

The largest buyer was Millennium Management, adding an estimated $5.24M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $6.62M sold.

  • 109 institutional investors held TFS Financial (TFSL) as of Q2 2017, down from 111 in Q1 2017.
  • Funds reported $497M of TFS Financial stock for Q2 2017, down 8% quarter-over-quarter.
  • 13 funds opened new TFS Financial positions in Q2 2017 and 15 closed out, a net change of -2 holders.
  • The largest TFS Financial buyer in Q2 2017 was Millennium Management, an estimated $5.24M added.
  • The largest TFS Financial seller in Q2 2017 was Kennedy Capital Management, an estimated $6.62M sold.

Based on aggregated 13F filings for Q2 2017.