TriNet
TNET
266 hedge funds and large institutions have $4.5B invested in TriNet in 2024 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 98 increasing their positions, 100 reducing their positions, and 34 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3.58% more ownership
Funds ownership: 89.86% → 93.44% (+3.6%)
1% less funds holding
Funds holding: 268 → 266 (-2)
1% less capital invested
Capital invested by funds: $4.54B → $4.5B (-$39.2M)
2% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 100
3% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 34
39% less call options, than puts
Call options by funds: $2.62M | Put options by funds: $4.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$44.7M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$39M |
| 3 |
BlackRock
New York
|
+$19.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.3M |
| 5 |
Millennium Management
New York
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cantillon Capital Management
New York
|
-$76.3M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$27.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$20.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$8.94M |
| 5 |
Select Equity Group
New York
|
-$6.65M |
TNET Hedge Fund Activity: Q3 2024 in Review
266 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q3 2024, worth a combined $4.5B — down 0.86% from $4.54B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of TNET and 33 opened new positions — a net loss of 1 holder — while 100 trimmed existing stakes and 98 added.
The largest buyer was Capital Research Global Investors, adding an estimated $44.7M. The largest seller was Cantillon Capital Management, exiting entirely with an estimated $76.3M sold.
- 266 institutional investors held TriNet (TNET) as of Q3 2024, down from 268 in Q2 2024.
- Funds reported $4.5B of TriNet stock for Q3 2024, down 0.86% quarter-over-quarter.
- 33 funds opened new TriNet positions in Q3 2024 and 34 closed out, a net change of -1 holder.
- The largest TriNet buyer in Q3 2024 was Capital Research Global Investors, an estimated $44.7M added.
- The largest TriNet seller in Q3 2024 was Cantillon Capital Management, an estimated $76.3M sold.
Based on aggregated 13F filings for Q3 2024.