TriNet
TNET
192 hedge funds and large institutions have $3.64B invested in TriNet in 2021 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 62 increasing their positions, 69 reducing their positions, and 18 closing their positions.
78% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 18
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more call options, than puts
Call options by funds: $5.56M | Put options by funds: $4.65M
6% more funds holding
Funds holding: 181 → 192 (+11)
10% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 69
16% less capital invested
Capital invested by funds: $4.3B → $3.64B (-$670M)
31.85% less ownership
Funds ownership: 90.19% → 58.34% (-32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$156M |
| 2 |
STA
Summit Trail Advisors
New York
|
+$18.8M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$17.8M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$15.9M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Atairos Group
Bryn Mawr,
Pennsylvania
|
-$1.55B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$101M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$18.5M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$16.7M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$13.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
201
Gotham Asset Management
New York
| – | -$594K | -8,193 | Closed |
|
202
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$516K | -7,118 | Closed |
|
203
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$355K | -4,899 | Closed |
|
|
CANY
204
Caxton Associates (New York)
New York
| – | -$354K | -4,884 | Closed |
|
|
BC
205
Bridgefront Capital
Austin,
Texas
| – | -$344K | -4,753 | Closed |
|
|
AA
206
ALPS Advisors
Denver,
Colorado
| – | -$293K | -4,048 | Closed |
|
|
XT
207
XTX Topco
George Town,
Cayman Islands
| – | -$274K | -3,787 | Closed |
|
208
New York State Teachers Retirement System (NYSTRS)
Albany,
New York
| – | -$254K | -3,500 | Closed |
|
|
SGI
209
Summit Global Investments
Bountiful,
Utah
| – | -$254K | -3,500 | Closed |
|
|
TC
210
TwinBeech Capital
Purchase,
New York
| – | -$251K | -3,468 | Closed |
|
|
FC
211
FORA Capital
Miami,
Florida
| – | -$73K | -1,013 | Closed |
|
TNET Hedge Fund Activity: Q3 2021 in Review
192 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q3 2021, worth a combined $3.64B — down 16% from $4.3B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new TNET positions and 18 closed out — a net gain of 14 holders — while 62 added to existing stakes and 69 trimmed.
The largest buyer was Mawer Investment Management, opening a new position worth an estimated $156M. The largest seller was Atairos Group, exiting entirely with an estimated $1.55B sold.
- 192 institutional investors held TriNet (TNET) as of Q3 2021, up from 181 in Q2 2021.
- Funds reported $3.64B of TriNet stock for Q3 2021, down 16% quarter-over-quarter.
- 32 funds opened new TriNet positions in Q3 2021 and 18 closed out, a net change of +14 holders.
- The largest TriNet buyer in Q3 2021 was Mawer Investment Management, an estimated $156M added.
- The largest TriNet seller in Q3 2021 was Atairos Group, an estimated $1.55B sold.
Based on aggregated 13F filings for Q3 2021.