TriNet
TNET
116 hedge funds and large institutions have $1.16B invested in TriNet in 2015 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 42 increasing their positions, 34 reducing their positions, and 15 closing their positions.
93% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 15
24% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 34
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
19% more capital invested
Capital invested by funds: $971M → $1.16B (+$189M)
12% more funds holding
Funds holding: 104 → 116 (+12)
3.77% more ownership
Funds ownership: 81.97% → 85.74% (+3.8%)
37% less call options, than puts
Call options by funds: $989K | Put options by funds: $1.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
+$29.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$14.3M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$7.48M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$7.28M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$6.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$24.7M |
| 2 |
NM
Nokota Management
New York
|
-$12.6M |
| 3 |
RG
Redmile Group
San Francisco,
California
|
-$10.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$10.7M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$7.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACP
126
Ashfield Capital Partners
San Francisco,
California
| – | -$223K | -13,300 | Closed |
|
127
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$188K | -11,181 | Closed |
|
|
HI
128
HBK Investments
Dallas,
Texas
| – | -$181K | -10,790 | Closed |
|
129
Simplex Trading
Chicago,
Illinois
| – | -$147K | -7,763 | Closed |
|
|
CCMH
130
Cornerstone Capital Management Holdings
New York
| – | -$67K | -3,998 | Closed |
|
131
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| – | -$59K | -3,500 | Closed |
|
|
HCMT
132
Highland Capital Management (Tennessee)
Memphis,
Tennessee
| – | -$4K | -215 | Closed |
|
TNET Hedge Fund Activity: Q4 2015 in Review
116 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q4 2015, worth a combined $1.16B — up 19% from $971M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TNET positions and 15 closed out — a net gain of 14 holders — while 42 added to existing stakes and 34 trimmed.
The largest buyer was Cadian Capital Management, adding an estimated $29.4M. The largest seller was Wellington Management Group, cutting an estimated $24.7M.
- 116 institutional investors held TriNet (TNET) as of Q4 2015, up from 104 in Q3 2015.
- Funds reported $1.16B of TriNet stock for Q4 2015, up 19% quarter-over-quarter.
- 29 funds opened new TriNet positions in Q4 2015 and 15 closed out, a net change of +14 holders.
- The largest TriNet buyer in Q4 2015 was Cadian Capital Management, an estimated $29.4M added.
- The largest TriNet seller in Q4 2015 was Wellington Management Group, an estimated $24.7M sold.
Based on aggregated 13F filings for Q4 2015.