TriNet
TNET
133 hedge funds and large institutions have $840M invested in TriNet in 2016 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 49 increasing their positions, 31 reducing their positions, and 24 closing their positions.
406% more call options, than puts
Call options by funds: $5.02M | Put options by funds: $991K
71% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 24
58% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 31
15% more funds holding
Funds holding: 116 → 133 (+17)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
2.18% less ownership
Funds ownership: 85.74% → 83.56% (-2.2%)
28% less capital invested
Capital invested by funds: $1.16B → $840M (-$320M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$26.8M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$17.4M |
| 3 |
Millennium Management
New York
|
+$13.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.75M |
| 5 |
TSP
Tappan Street Partners
Chicago,
Illinois
|
+$6.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$47.4M |
| 2 |
CCM
Cadian Capital Management
New York
|
-$39.3M |
| 3 |
HSC
Harbor Spring Capital
New York
|
-$29M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
151
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$62K | -3,209 | Closed |
|
|
EWM
152
Edge Wealth Management
New York
| – | -$19K | -1,000 | Closed |
|
|
FNBT
153
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$16K | -806 | Closed |
|
|
BWA
154
Burt Wealth Advisors
North Bethesda,
Maryland
| – | -$5K | -500 | Closed |
|
|
WA
155
WealthTrust-Arizona
Scottsdale,
Arizona
| – | -$7K | -350 | Closed |
|
156
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$5K | -280 | Closed |
|
|
QI
157
QS Investors
New York
| – | -$1K | -16 | Closed |
|
TNET Hedge Fund Activity: Q1 2016 in Review
133 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q1 2016, worth a combined $840M — down 28% from $1.16B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new TNET positions and 24 closed out — a net gain of 17 holders — while 49 added to existing stakes and 31 trimmed.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $26.8M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $47.4M sold.
- 133 institutional investors held TriNet (TNET) as of Q1 2016, up from 116 in Q4 2015.
- Funds reported $840M of TriNet stock for Q1 2016, down 28% quarter-over-quarter.
- 41 funds opened new TriNet positions in Q1 2016 and 24 closed out, a net change of +17 holders.
- The largest TriNet buyer in Q1 2016 was ArrowMark Colorado Holdings, an estimated $26.8M added.
- The largest TriNet seller in Q1 2016 was Vaughan Nelson Investment Management, an estimated $47.4M sold.
Based on aggregated 13F filings for Q1 2016.