TriNet
TNET
126 hedge funds and large institutions have $1.06B invested in TriNet in 2017 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 40 increasing their positions, 45 reducing their positions, and 28 closing their positions.
376% more call options, than puts
Call options by funds: $281K | Put options by funds: $59K
7% less funds holding
Funds holding: 135 → 126 (-9)
11% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 45
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
23% less capital invested
Capital invested by funds: $1.36B → $1.06B (-$307M)
24.4% less ownership
Funds ownership: 77.93% → 53.53% (-24%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$72.4M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$19.6M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$15.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$11.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
General Atlantic
New York
|
-$442M |
| 2 |
JP Morgan Chase
New York
|
-$17.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12.6M |
| 4 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$7.76M |
| 5 |
Two Sigma Investments
New York
|
-$6.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$9K | -365 | Closed |
|
|
PCM
152
Prelude Capital Management
New York
| – | -$8K | -300 | Closed |
|
|
CS
153
Credential Securities
Vancouver,
| – | -$4.91K | -192 | Closed |
|
|
PHK
154
Point72 Hong Kong
Hong Kong
| – | -$4K | -143 | Closed |
|
TNET Hedge Fund Activity: Q1 2017 in Review
126 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q1 2017, worth a combined $1.06B — down 23% from $1.36B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of TNET and 24 opened new positions — a net loss of 4 holders — while 45 trimmed existing stakes and 40 added.
The largest buyer was BlackRock, adding an estimated $72.4M. The largest seller was General Atlantic, exiting entirely with an estimated $442M sold.
- 126 institutional investors held TriNet (TNET) as of Q1 2017, down from 135 in Q4 2016.
- Funds reported $1.06B of TriNet stock for Q1 2017, down 23% quarter-over-quarter.
- 24 funds opened new TriNet positions in Q1 2017 and 28 closed out, a net change of -4 holders.
- The largest TriNet buyer in Q1 2017 was BlackRock, an estimated $72.4M added.
- The largest TriNet seller in Q1 2017 was General Atlantic, an estimated $442M sold.
Based on aggregated 13F filings for Q1 2017.