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TFS Financial

131 hedge funds and large institutions have $480M invested in TFS Financial in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 44 increasing their positions, 46 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

6% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 18

0.07% less ownership

Funds ownership: 11.28%11.22% (-0.07%)

1% less funds holding

Funds holding: 132131 (-1)

4% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 46

23% less capital invested

Capital invested by funds: $622M → $480M (-$142M)

62% less call options, than puts

Call options by funds: $239K | Put options by funds: $628K

Holders
131
Holders Change
-1
Holders Change %
-0.76%
% of All Funds
2.89%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
19
Increased
44
Reduced
46
Closed
18
Calls
$239K
Puts
$628K
Net Calls
-$389K
Net Calls Change
-$194K
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$96.7M -$505K -25,778 -0.4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$83.9M +$278K +14,184 +0.3%
BlackRock
3
BlackRock
New York
$37.7M -$5.12M -261,337 -10%
ECP
4
Empyrean Capital Partners
California
$27.3M
Victory Capital Management
5
Victory Capital Management
Texas
$21.2M +$10M +512,522 +59%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$18.8M -$1.21M -61,814 -5%
Goldman Sachs
7
Goldman Sachs
New York
$16M -$9.86M -503,278 -32%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$15.3M -$980K -50,040 -5%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$12.8M +$783K +39,986 +5%
State Street
10
State Street
Massachusetts
$12.5M +$605K +30,889 +4%
CRM
11
Cramer Rosenthal McGlynn
Connecticut
$12M -$689K -35,156 -4%
SCA
12
Stieven Capital Advisors
Missouri
$11M -$5.8M -296,080 -29%
Wells Fargo
13
Wells Fargo
California
$9.22M +$4.85M +247,642 +69%
PPA
14
Parametric Portfolio Associates
Washington
$8.39M -$1.52M -77,604 -12%
N
15
Nuveen
North Carolina
$6.32M +$1.04M +52,912 +15%
Northern Trust
16
Northern Trust
Illinois
$5.85M +$681K +34,765 +10%
Charles Schwab
17
Charles Schwab
California
$5.19M +$158K +8,088 +2%
AG
18
Aperio Group
California
$4.97M +$1.02M +52,202 +19%
Robeco Institutional Asset Management
19
Robeco Institutional Asset Management
Netherlands
$4.66M +$5.97M +304,908 New
Point72 Asset Management
20
Point72 Asset Management
Connecticut
$4.37M +$2.97M +151,732 +113%
MCM
21
Maltese Capital Management
New York
$3.89M -$176K -9,000 -3%
AIMCA
22
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$3.7M -$137K -7,000 -3%
MAM
23
Martingale Asset Management
Massachusetts
$3.6M -$5.88K -300 -0.1%
State Board of Administration of Florida Retirement System
24
State Board of Administration of Florida Retirement System
Florida
$2.84M +$2.94K +150 +0.1%
AQR Capital Management
25
AQR Capital Management
Connecticut
$2.61M +$476K +24,319 +17%

TFSL Hedge Fund Activity: Q1 2020 in Review

131 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in TFS Financial (TFSL) for Q1 2020, worth a combined $480M — down 23% from $622M 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 46 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $10M. The largest seller was Goldman Sachs, cutting an estimated $9.86M.

  • 131 institutional investors held TFS Financial (TFSL) as of Q1 2020, down from 132 in Q4 2019.
  • Funds reported $480M of TFS Financial stock for Q1 2020, down 23% quarter-over-quarter.
  • 19 funds opened new TFS Financial positions in Q1 2020 and 18 closed out, a net change of +1 holder.
  • The largest TFS Financial buyer in Q1 2020 was Victory Capital Management, an estimated $10M added.
  • The largest TFS Financial seller in Q1 2020 was Goldman Sachs, an estimated $9.86M sold.

Based on aggregated 13F filings for Q1 2020.