TriNet
TNET
250 hedge funds and large institutions have $5.66B invested in TriNet in 2023 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 77 increasing their positions, 92 reducing their positions, and 43 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
74% more call options, than puts
Call options by funds: $9.38M | Put options by funds: $5.4M
14% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 43
6% more capital invested
Capital invested by funds: $5.34B → $5.66B (+$325M)
2% more funds holding
Funds holding: 246 → 250 (+4)
13.2% less ownership
Funds ownership: 94.59% → 81.4% (-13%)
16% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$38.9M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$15.2M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$10.1M |
| 4 |
BlackRock
New York
|
+$7.82M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Atairos Group
Bryn Mawr,
Pennsylvania
|
-$355M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$85M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$65.9M |
| 4 |
Jane Street
New York
|
-$62.2M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$38.9M |
TNET Hedge Fund Activity: Q3 2023 in Review
250 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q3 2023, worth a combined $5.66B — up 6.1% from $5.34B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new TNET positions and 43 closed out — a net gain of 6 holders — while 77 added to existing stakes and 92 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $38.9M. The largest seller was Atairos Group, cutting an estimated $355M.
- 250 institutional investors held TriNet (TNET) as of Q3 2023, up from 246 in Q2 2023.
- Funds reported $5.66B of TriNet stock for Q3 2023, up 6.1% quarter-over-quarter.
- 49 funds opened new TriNet positions in Q3 2023 and 43 closed out, a net change of +6 holders.
- The largest TriNet buyer in Q3 2023 was Massachusetts Financial Services, an estimated $38.9M added.
- The largest TriNet seller in Q3 2023 was Atairos Group, an estimated $355M sold.
Based on aggregated 13F filings for Q3 2023.