TriNet
TNET
160 hedge funds and large institutions have $1.36B invested in TriNet in 2017 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 59 increasing their positions, 50 reducing their positions, and 17 closing their positions.
94% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 17
83% more call options, than puts
Call options by funds: $2.1M | Put options by funds: $1.15M
18% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 50
11% more funds holding
Funds holding: 144 → 160 (+16)
8% more capital invested
Capital invested by funds: $1.27B → $1.36B (+$96.9M)
2% more ownership
Funds ownership: 56.27% → 58.26% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$15.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$15.1M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$14M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.85M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$8.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$20.7M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$11.9M |
| 3 |
CCM
Cantillon Capital Management
New York
|
-$6.45M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.08M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$3.01M |
TNET Hedge Fund Activity: Q3 2017 in Review
160 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q3 2017, worth a combined $1.36B — up 7.6% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new TNET positions and 17 closed out — a net gain of 16 holders — while 59 added to existing stakes and 50 trimmed.
The largest buyer was Millennium Management, adding an estimated $15.6M. The largest seller was Macquarie Group, exiting entirely with an estimated $20.7M sold.
- 160 institutional investors held TriNet (TNET) as of Q3 2017, up from 144 in Q2 2017.
- Funds reported $1.36B of TriNet stock for Q3 2017, up 7.6% quarter-over-quarter.
- 33 funds opened new TriNet positions in Q3 2017 and 17 closed out, a net change of +16 holders.
- The largest TriNet buyer in Q3 2017 was Millennium Management, an estimated $15.6M added.
- The largest TriNet seller in Q3 2017 was Macquarie Group, an estimated $20.7M sold.
Based on aggregated 13F filings for Q3 2017.