TriNet
TNET
133 hedge funds and large institutions have $2B invested in TriNet in 2015 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 49 increasing their positions, 40 reducing their positions, and 28 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 40
21% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 28
17% more capital invested
Capital invested by funds: $1.71B → $2B (+$287M)
4% more funds holding
Funds holding: 128 → 133 (+5)
2.65% more ownership
Funds ownership: 78.68% → 81.33% (+2.7%)
1% less call options, than puts
Call options by funds: $6.45M | Put options by funds: $6.54M
45% less funds holding in top 10
Funds holding in top 10: 11 → 6 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
+$79.9M |
| 2 |
HP
Hound Partners
New York
|
+$73.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$17.3M |
| 4 |
ACP
Ashfield Capital Partners
San Francisco,
California
|
+$14.2M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VM
Valinor Management
New York
|
-$73.4M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$44.5M |
| 3 |
TI
Think Investments
San Francisco,
California
|
-$12.7M |
| 4 |
CCM
Crestwood Capital Management
New York
|
-$12.1M |
| 5 |
BC
Beaconlight Capital
New York
|
-$8.44M |
TNET Hedge Fund Activity: Q1 2015 in Review
133 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q1 2015, worth a combined $2B — up 17% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new TNET positions and 28 closed out — a net gain of 6 holders — while 49 added to existing stakes and 40 trimmed.
The largest buyer was Tiger Global Management, opening a new position worth an estimated $79.9M. The largest seller was Valinor Management, exiting entirely with an estimated $73.4M sold.
- 133 institutional investors held TriNet (TNET) as of Q1 2015, up from 128 in Q4 2014.
- Funds reported $2B of TriNet stock for Q1 2015, up 17% quarter-over-quarter.
- 34 funds opened new TriNet positions in Q1 2015 and 28 closed out, a net change of +6 holders.
- The largest TriNet buyer in Q1 2015 was Tiger Global Management, an estimated $79.9M added.
- The largest TriNet seller in Q1 2015 was Valinor Management, an estimated $73.4M sold.
Based on aggregated 13F filings for Q1 2015.