TriNet
TNET
118 hedge funds and large institutions have $1.2B invested in TriNet in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 42 increasing their positions, 46 reducing their positions, and 21 closing their positions.
3% more capital invested
Capital invested by funds: $1.16B → $1.2B (+$37.8M)
0.07% less ownership
Funds ownership: 78.84% → 78.76% (-0.07%)
9% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 46
7% less funds holding
Funds holding: 127 → 118 (-9)
12% less call options, than puts
Call options by funds: $348K | Put options by funds: $394K
43% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 21
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cantillon Capital Management
New York
|
+$48.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$7.26M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$6.9M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$5.7M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$5.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$44.3M |
| 2 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$7.06M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$6.49M |
| 4 |
CCM
Crestwood Capital Management
New York
|
-$6.07M |
| 5 |
TSP
Tappan Street Partners
Chicago,
Illinois
|
-$6.03M |
TNET Hedge Fund Activity: Q3 2016 in Review
118 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q3 2016, worth a combined $1.2B — up 3.3% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of TNET and 12 opened new positions — a net loss of 9 holders — while 46 trimmed existing stakes and 42 added.
The largest buyer was Cantillon Capital Management, adding an estimated $48.7M. The largest seller was Cadian Capital Management, exiting entirely with an estimated $44.3M sold.
- 118 institutional investors held TriNet (TNET) as of Q3 2016, down from 127 in Q2 2016.
- Funds reported $1.2B of TriNet stock for Q3 2016, up 3.3% quarter-over-quarter.
- 12 funds opened new TriNet positions in Q3 2016 and 21 closed out, a net change of -9 holders.
- The largest TriNet buyer in Q3 2016 was Cantillon Capital Management, an estimated $48.7M added.
- The largest TriNet seller in Q3 2016 was Cadian Capital Management, an estimated $44.3M sold.
Based on aggregated 13F filings for Q3 2016.