TriNet
TNET
185 hedge funds and large institutions have $3.47B invested in TriNet in 2018 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 55 increasing their positions, 89 reducing their positions, and 33 closing their positions.
19% more capital invested
Capital invested by funds: $2.9B → $3.47B (+$564M)
1.21% less ownership
Funds ownership: 89.37% → 88.16% (-1.2%)
7% less funds holding
Funds holding: 199 → 185 (-14)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
36% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 33
38% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 89
78% less call options, than puts
Call options by funds: $6.09M | Put options by funds: $27.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$53.8M |
| 2 |
BlackRock
New York
|
+$22.8M |
| 3 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$22.2M |
| 4 |
CCM
Cantillon Capital Management
New York
|
+$19.7M |
| 5 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$9.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$28.4M |
| 2 |
Goldman Sachs
New York
|
-$16.1M |
| 3 |
Morgan Stanley
New York
|
-$15.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$9.54M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$8.69M |
TNET Hedge Fund Activity: Q2 2018 in Review
185 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q2 2018, worth a combined $3.47B — up 19% from $2.9B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of TNET and 21 opened new positions — a net loss of 12 holders — while 89 trimmed existing stakes and 55 added.
The largest buyer was Wellington Management Group, adding an estimated $53.8M. The largest seller was Millennium Management, cutting an estimated $28.4M.
- 185 institutional investors held TriNet (TNET) as of Q2 2018, down from 199 in Q1 2018.
- Funds reported $3.47B of TriNet stock for Q2 2018, up 19% quarter-over-quarter.
- 21 funds opened new TriNet positions in Q2 2018 and 33 closed out, a net change of -12 holders.
- The largest TriNet buyer in Q2 2018 was Wellington Management Group, an estimated $53.8M added.
- The largest TriNet seller in Q2 2018 was Millennium Management, an estimated $28.4M sold.
Based on aggregated 13F filings for Q2 2018.