Tilray
TLRY
143 hedge funds and large institutions have $135M invested in Tilray in 2019 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 46 increasing their positions, 20 reducing their positions, and 32 closing their positions.
130% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 20
69% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 32
24% more call options, than puts
Call options by funds: $387M | Put options by funds: $311M
16% more funds holding
Funds holding: 123 → 143 (+20)
0.71% less ownership
Funds ownership: 0.96% → 0.26% (-0.71%)
74% less capital invested
Capital invested by funds: $510M → $135M (-$376M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZCI
Zevenbergen Capital Investments
Edmonds,
Washington
|
+$15.1M |
| 2 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$6.93M |
| 3 |
Morgan Stanley
New York
|
+$4.96M |
| 4 |
SC
Sculptor Capital
New York
|
+$4.51M |
| 5 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
+$3.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$162M |
| 2 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$99.4M |
| 3 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$40.6M |
| 4 |
ICP
Indus Capital Partners
New York
|
-$24.7M |
| 5 |
CI
Cowen Inc
New York
|
-$8.39M |
TLRY Hedge Fund Activity: Q1 2019 in Review
143 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Tilray (TLRY) for Q1 2019, worth a combined $135M — down 74% from $510M a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new TLRY positions and 32 closed out — a net gain of 22 holders — while 46 added to existing stakes and 20 trimmed.
The largest buyer was Zevenbergen Capital Investments, adding an estimated $15.1M. The largest seller was Farallon Capital Management, exiting entirely with an estimated $162M sold.
- 143 institutional investors held Tilray (TLRY) as of Q1 2019, up from 123 in Q4 2018.
- Funds reported $135M of Tilray stock for Q1 2019, down 74% quarter-over-quarter.
- 54 funds opened new Tilray positions in Q1 2019 and 32 closed out, a net change of +22 holders.
- The largest Tilray buyer in Q1 2019 was Zevenbergen Capital Investments, an estimated $15.1M added.
- The largest Tilray seller in Q1 2019 was Farallon Capital Management, an estimated $162M sold.
Based on aggregated 13F filings for Q1 2019.