Tilly's
TLYS
98 hedge funds and large institutions have $154M invested in Tilly's in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 36 increasing their positions, 35 reducing their positions, and 21 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 35
2.2% less ownership
Funds ownership: 93.55% → 91.35% (-2.2%)
8% less funds holding
Funds holding: 107 → 98 (-9)
23% less capital invested
Capital invested by funds: $200M → $154M (-$45.4M)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
76% less call options, than puts
Call options by funds: $134K | Put options by funds: $569K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$2.79M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.04M |
| 3 |
BPM
Bowling Portfolio Management
Cincinnati,
Ohio
|
+$1.83M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$1.45M |
| 5 |
Bank of New York Mellon
New York
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Divisar Capital Management
San Francisco,
California
|
-$2.93M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$1.77M |
| 3 |
D.E. Shaw & Co
New York
|
-$1.51M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$1.5M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.27M |
TLYS Hedge Fund Activity: Q1 2018 in Review
98 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Tilly's (TLYS) for Q1 2018, worth a combined $154M — down 23% from $200M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of TLYS and 15 opened new positions — a net loss of 6 holders — while 35 trimmed existing stakes and 36 added.
The largest buyer was Nantahala Capital Management, adding an estimated $2.79M. The largest seller was Divisar Capital Management, cutting an estimated $2.93M.
- 98 institutional investors held Tilly's (TLYS) as of Q1 2018, down from 107 in Q4 2017.
- Funds reported $154M of Tilly's stock for Q1 2018, down 23% quarter-over-quarter.
- 15 funds opened new Tilly's positions in Q1 2018 and 21 closed out, a net change of -6 holders.
- The largest Tilly's buyer in Q1 2018 was Nantahala Capital Management, an estimated $2.79M added.
- The largest Tilly's seller in Q1 2018 was Divisar Capital Management, an estimated $2.93M sold.
Based on aggregated 13F filings for Q1 2018.