TriNet
TNET
199 hedge funds and large institutions have $2.9B invested in TriNet in 2018 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 61 increasing their positions, 80 reducing their positions, and 19 closing their positions.
95% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 19
38% more call options, than puts
Call options by funds: $3.35M | Put options by funds: $2.43M
9% more capital invested
Capital invested by funds: $2.67B → $2.9B (+$231M)
8% more funds holding
Funds holding: 185 → 199 (+14)
2.74% more ownership
Funds ownership: 86.63% → 89.37% (+2.7%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
24% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$43.1M |
| 2 |
HSC
Harbor Spring Capital
New York
|
+$28.2M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$14.7M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$12.8M |
| 5 |
Bank of New York Mellon
New York
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.25M |
| 2 |
Barclays
London,
United Kingdom
|
-$7.15M |
| 3 |
D.E. Shaw & Co
New York
|
-$7.09M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$6.01M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$5.54M |
TNET Hedge Fund Activity: Q1 2018 in Review
199 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q1 2018, worth a combined $2.9B — up 8.6% from $2.67B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new TNET positions and 19 closed out — a net gain of 18 holders — while 61 added to existing stakes and 80 trimmed.
The largest buyer was Cramer Rosenthal McGlynn, adding an estimated $43.1M. The largest seller was Fidelity Investments, cutting an estimated $8.25M.
- 199 institutional investors held TriNet (TNET) as of Q1 2018, up from 185 in Q4 2017.
- Funds reported $2.9B of TriNet stock for Q1 2018, up 8.6% quarter-over-quarter.
- 37 funds opened new TriNet positions in Q1 2018 and 19 closed out, a net change of +18 holders.
- The largest TriNet buyer in Q1 2018 was Cramer Rosenthal McGlynn, an estimated $43.1M added.
- The largest TriNet seller in Q1 2018 was Fidelity Investments, an estimated $8.25M sold.
Based on aggregated 13F filings for Q1 2018.