TriNet
TNET
185 hedge funds and large institutions have $2.67B invested in TriNet in 2017 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 69 increasing their positions, 58 reducing their positions, and 18 closing their positions.
1,384% more call options, than puts
Call options by funds: $4.91M | Put options by funds: $331K
150% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 18
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
96% more capital invested
Capital invested by funds: $1.36B → $2.67B (+$1.31B)
28.37% more ownership
Funds ownership: 58.26% → 86.63% (+28%)
19% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 58
16% more funds holding
Funds holding: 160 → 185 (+25)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$29.7M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$12M |
| 3 |
Millennium Management
New York
|
+$7.48M |
| 4 |
Barclays
London,
United Kingdom
|
+$6.97M |
| 5 |
Morgan Stanley
New York
|
+$6.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.2M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$12.1M |
| 3 |
CCM
Cantillon Capital Management
New York
|
-$11.1M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$10.5M |
| 5 |
JP Morgan Chase
New York
|
-$10.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
SG Americas Securities
New York
| – | -$213K | -6,332 | Closed |
|
|
MAM
202
Meeder Asset Management
Dublin,
Ohio
| – | -$56K | -1,661 | Closed |
|
|
PHK
203
Point72 Hong Kong
Hong Kong
| – | -$32K | -965 | Closed |
|
|
SMG
204
Spectrum Management Group
Indianapolis,
Indiana
| – | -$1K | -15 | Closed |
|
TNET Hedge Fund Activity: Q4 2017 in Review
185 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q4 2017, worth a combined $2.67B — up 96% from $1.36B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new TNET positions and 18 closed out — a net gain of 27 holders — while 69 added to existing stakes and 58 trimmed.
The largest buyer was Hennessy Advisors Inc, adding an estimated $29.7M. The largest seller was Fidelity Investments, cutting an estimated $19.2M.
- 185 institutional investors held TriNet (TNET) as of Q4 2017, up from 160 in Q3 2017.
- Funds reported $2.67B of TriNet stock for Q4 2017, up 96% quarter-over-quarter.
- 45 funds opened new TriNet positions in Q4 2017 and 18 closed out, a net change of +27 holders.
- The largest TriNet buyer in Q4 2017 was Hennessy Advisors Inc, an estimated $29.7M added.
- The largest TriNet seller in Q4 2017 was Fidelity Investments, an estimated $19.2M sold.
Based on aggregated 13F filings for Q4 2017.