Taylor Morrison
TMHC
96 hedge funds and large institutions have $540M invested in Taylor Morrison in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 43 increasing their positions, 36 reducing their positions, and 14 closing their positions.
84% more call options, than puts
Call options by funds: $259K | Put options by funds: $141K
19% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 36
1.94% less ownership
Funds ownership: 103.22% → 101.28% (-1.9%)
6% less funds holding
Funds holding: 102 → 96 (-6)
29% less capital invested
Capital invested by funds: $760M → $540M (-$220M)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$10.7M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$5.24M |
| 4 |
Neuberger Berman Group
New York
|
+$4.35M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.4M |
| 2 |
FAM
Fred Alger Management
New York
|
-$9.77M |
| 3 |
State Street
Boston,
Massachusetts
|
-$8.19M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$7.9M |
| 5 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$7.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
101
ALPS Advisors
Denver,
Colorado
| – | -$559K | -24,936 | Closed |
|
|
ZIM
102
Zacks Investment Management
Chicago,
Illinois
| – | -$493K | -22,009 | Closed |
|
103
California Public Employees Retirement System
Sacramento,
California
| – | -$372K | -16,600 | Closed |
|
104
Prudential Financial
Newark,
New Jersey
| – | -$265K | -11,800 | Closed |
|
|
RCAG
105
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$252K | -11,228 | Closed |
|
|
SC
106
Sumit Capital
New York
| – | -$219K | -9,771 | Closed |
|
107
BNP Paribas Financial Markets
Paris,
France
| – | -$197K | -8,798 | Closed |
|
|
PCM
108
Prelude Capital Management
New York
| – | -$132K | -5,868 | Closed |
|
109
SG Americas Securities
New York
| – | -$114K | -5,070 | Closed |
|
|
PTC
110
Private Trust Company
Cleveland,
Ohio
| – | -$1K | -43 | Closed |
|
TMHC Hedge Fund Activity: Q3 2014 in Review
96 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Taylor Morrison (TMHC) for Q3 2014, worth a combined $540M — down 29% from $760M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TMHC and 9 opened new positions — a net loss of 5 holders — while 36 trimmed existing stakes and 43 added.
The largest buyer was Fidelity Investments, adding an estimated $13.9M. The largest seller was Wellington Management Group, cutting an estimated $10.4M.
- 96 institutional investors held Taylor Morrison (TMHC) as of Q3 2014, down from 102 in Q2 2014.
- Funds reported $540M of Taylor Morrison stock for Q3 2014, down 29% quarter-over-quarter.
- 9 funds opened new Taylor Morrison positions in Q3 2014 and 14 closed out, a net change of -5 holders.
- The largest Taylor Morrison buyer in Q3 2014 was Fidelity Investments, an estimated $13.9M added.
- The largest Taylor Morrison seller in Q3 2014 was Wellington Management Group, an estimated $10.4M sold.
Based on aggregated 13F filings for Q3 2014.