TIM HORTONS INC COM, CANADA
THI
THI was delisted on the 12th of December, 2014.
209 hedge funds and large institutions have $4.5B invested in TIM HORTONS INC COM, CANADA in 2014 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 90 increasing their positions, 58 reducing their positions, and 26 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 58
37% more call options, than puts
Call options by funds: $12M | Put options by funds: $8.78M
1% less funds holding
Funds holding: 212 → 209 (-3)
10% less capital invested
Capital invested by funds: $5.03B → $4.5B (-$525M)
12% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 26
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$113M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$62.2M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$47.1M |
| 4 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$21.1M |
| 5 |
VAM
Visium Asset Management
New York
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$121M |
| 2 |
Jennison Associates
New York
|
-$62.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$61M |
| 4 |
TCM
Tiger Consumer Management
New York
|
-$50M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$32.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Jane Street
New York
| – | -$878K | -15,036 | Closed |
|
|
DFIM
227
Detwiler Fenton Investment Management
Boston,
Massachusetts
| – | -$484K | -8,297 | Closed |
|
228
AQR Capital Management
Greenwich,
Connecticut
| – | -$414K | -7,100 | Closed |
|
|
DTL
229
Dynamic Technology Lab
Singapore
| – | -$338K | -5,794 | Closed |
|
|
ZIM
230
Zacks Investment Management
Chicago,
Illinois
| – | -$256K | -4,390 | Closed |
|
|
SB
231
Suntrust Banks
Atlanta,
Georgia
| – | -$202K | -3,483 | Closed |
|
|
RIA
232
Regal Investment Advisors
Kentwood,
Michigan
| – | -$33K | -566 | Closed |
|
|
WCM
233
Windsor Capital Management
Phoenix,
Arizona
| – | -$12K | -210 | Closed |
|
|
PCM
234
Prelude Capital Management
New York
| – | -$12K | -200 | Closed |
|
235
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$3K | -47 | Closed |
|
THI Hedge Fund Activity: Q1 2014 in Review
209 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in TIM HORTONS INC COM, CANADA (THI) for Q1 2014, worth a combined $4.5B — down 10% from $5.03B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of THI and 23 opened new positions — a net loss of 3 holders — while 58 trimmed existing stakes and 90 added.
The largest buyer was Bank of Montreal, adding an estimated $113M. The largest seller was Senator Investment Group, exiting entirely with an estimated $121M sold.
- 209 institutional investors held TIM HORTONS INC COM, CANADA (THI) as of Q1 2014, down from 212 in Q4 2013.
- Funds reported $4.5B of TIM HORTONS INC COM, CANADA stock for Q1 2014, down 10% quarter-over-quarter.
- 23 funds opened new TIM HORTONS INC COM, CANADA positions in Q1 2014 and 26 closed out, a net change of -3 holders.
- The largest TIM HORTONS INC COM, CANADA buyer in Q1 2014 was Bank of Montreal, an estimated $113M added.
- The largest TIM HORTONS INC COM, CANADA seller in Q1 2014 was Senator Investment Group, an estimated $121M sold.
Based on aggregated 13F filings for Q1 2014.