Tilly's
TLYS
114 hedge funds and large institutions have $235M invested in Tilly's in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 51 increasing their positions, 35 reducing their positions, and 41 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 35
4.07% more ownership
Funds ownership: 96.35% → 100.43% (+4.1%)
3% less call options, than puts
Call options by funds: $1.79M | Put options by funds: $1.84M
17% less funds holding
Funds holding: 137 → 114 (-23)
41% less capital invested
Capital invested by funds: $396M → $235M (-$160M)
56% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$17.2M |
| 2 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$11.3M |
| 3 |
BlackRock
New York
|
+$9.04M |
| 4 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$5.02M |
| 5 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
-$11.4M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$5.73M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$5.5M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$5.35M |
| 5 |
BSA
Braun Stacey Associates
New York
|
-$5.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$44K | -2,300 | Closed |
|
|
DWA
152
Dorsey Wright & Associates
Pasadena,
California
| – | -$17K | -902 | Closed |
|
|
PCM
153
Prelude Capital Management
New York
| – | -$15K | -795 | Closed |
|
|
FQ
154
First Quadrant
Glendale,
California
| – | -$13K | -674 | Closed |
|
|
AG
155
Advisor Group
Phoenix,
Arizona
| – | -$6K | -330 | Closed |
|
TLYS Hedge Fund Activity: Q4 2018 in Review
114 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Tilly's (TLYS) for Q4 2018, worth a combined $235M — down 41% from $396M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of TLYS and 18 opened new positions — a net loss of 23 holders — while 35 trimmed existing stakes and 51 added.
The largest buyer was Cooper Creek Partners Management, adding an estimated $17.2M. The largest seller was Summit Partners Public Asset Management, exiting entirely with an estimated $11.4M sold.
- 114 institutional investors held Tilly's (TLYS) as of Q4 2018, down from 137 in Q3 2018.
- Funds reported $235M of Tilly's stock for Q4 2018, down 41% quarter-over-quarter.
- 18 funds opened new Tilly's positions in Q4 2018 and 41 closed out, a net change of -23 holders.
- The largest Tilly's buyer in Q4 2018 was Cooper Creek Partners Management, an estimated $17.2M added.
- The largest Tilly's seller in Q4 2018 was Summit Partners Public Asset Management, an estimated $11.4M sold.
Based on aggregated 13F filings for Q4 2018.