TriNet
TNET
226 hedge funds and large institutions have $4.5B invested in TriNet in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 79 increasing their positions, 87 reducing their positions, and 27 closing their positions.
357% more call options, than puts
Call options by funds: $12.6M | Put options by funds: $2.76M
22% more capital invested
Capital invested by funds: $3.68B → $4.5B (+$821M)
3.56% more ownership
Funds ownership: 89.31% → 92.87% (+3.6%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 87
3% less funds holding
Funds holding: 234 → 226 (-8)
19% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$137M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$61.5M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$17.9M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$17M |
| 5 |
Jane Street
New York
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$65.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$31.8M |
| 3 |
BlackRock
New York
|
-$25.5M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$20M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$19.2M |
TNET Hedge Fund Activity: Q1 2023 in Review
226 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q1 2023, worth a combined $4.5B — up 22% from $3.68B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of TNET and 22 opened new positions — a net loss of 5 holders — while 87 trimmed existing stakes and 79 added.
The largest buyer was Mawer Investment Management, adding an estimated $137M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $65.8M.
- 226 institutional investors held TriNet (TNET) as of Q1 2023, down from 234 in Q4 2022.
- Funds reported $4.5B of TriNet stock for Q1 2023, up 22% quarter-over-quarter.
- 22 funds opened new TriNet positions in Q1 2023 and 27 closed out, a net change of -5 holders.
- The largest TriNet buyer in Q1 2023 was Mawer Investment Management, an estimated $137M added.
- The largest TriNet seller in Q1 2023 was ArrowMark Colorado Holdings, an estimated $65.8M sold.
Based on aggregated 13F filings for Q1 2023.