TriNet
TNET
84 hedge funds and large institutions have $1.23B invested in TriNet in 2014 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 5 closing their positions.
1,360% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 5
425% more funds holding
Funds holding: 16 → 84 (+68)
42% more capital invested
Capital invested by funds: $867M → $1.23B (+$364M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
28% less call options, than puts
Call options by funds: $33K | Put options by funds: $46K
459.4% less ownership
Funds ownership: 533.53% → 74.12% (-459%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$43.6M |
| 2 |
VM
Valinor Management
New York
|
+$26.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$17.6M |
| 5 |
CCM
Crestwood Capital Management
New York
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$23.7M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$7.36M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$4.87M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.91M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Tudor Investment Corp
Stamford,
Connecticut
| $203K | +$197K | +8,430 | New |
|
77
Citigroup
New York
| $136K | +$132K | +5,649 | New |
|
78
Wells Fargo
San Francisco,
California
| $96K | +$93K | +3,975 | New |
|
|
VFA
79
Virtus Fund Advisers
Hartford,
Connecticut
| $32K | +$31.4K | +1,341 | New |
|
80
BlackRock
New York
| $32K | +$31.9K | +1,362 | New |
|
|
EWM
81
Edge Wealth Management
New York
| $24K | – | – | – |
|
82
Barclays
London,
United Kingdom
| $8K | +$8.07K | +345 | New |
|
83
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | +$5.03K | +215 | New |
|
84
Group One Trading
Chicago,
Illinois
| $4K | +$3.81K | +163 | New |
|
|
PWAM
85
Park West Asset Management
San Francisco,
California
| – | -$7.36M | -345,124 | Closed |
|
|
WA
86
Wasatch Advisors
Salt Lake City,
Utah
| – | -$1.08M | -50,561 | Closed |
|
|
LI
87
LMCG Investments
Boston,
Massachusetts
| – | -$974K | -45,686 | Closed |
|
|
LCM
88
Laurion Capital Management
New York
| – | -$803K | -37,660 | Closed |
|
|
EEG
89
E.E. Geduld
| – | -$213K | -10,000 | Closed |
|
TNET Hedge Fund Activity: Q2 2014 in Review
84 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q2 2014, worth a combined $1.23B — up 42% from $867M a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new TNET positions and 5 closed out — a net gain of 68 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $43.6M. The largest seller was Citadel Advisors, cutting an estimated $23.7M.
- 84 institutional investors held TriNet (TNET) as of Q2 2014, up from 16 in Q1 2014.
- Funds reported $1.23B of TriNet stock for Q2 2014, up 42% quarter-over-quarter.
- 73 funds opened new TriNet positions in Q2 2014 and 5 closed out, a net change of +68 holders.
- The largest TriNet buyer in Q2 2014 was T. Rowe Price Associates, an estimated $43.6M added.
- The largest TriNet seller in Q2 2014 was Citadel Advisors, an estimated $23.7M sold.
Based on aggregated 13F filings for Q2 2014.