TriNet
TNET
207 hedge funds and large institutions have $3.65B invested in TriNet in 2020 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 56 increasing their positions, 85 reducing their positions, and 11 closing their positions.
273% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 11
34% more call options, than puts
Call options by funds: $3.03M | Put options by funds: $2.26M
16% more funds holding
Funds holding: 178 → 207 (+29)
5% less capital invested
Capital invested by funds: $3.84B → $3.65B (-$189M)
2.17% less ownership
Funds ownership: 93.58% → 91.41% (-2.2%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
34% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$77.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.96M |
| 3 |
Renaissance Technologies
New York
|
+$7.02M |
| 4 |
Morgan Stanley
New York
|
+$7.01M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$6.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$84.8M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$45.4M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$20.1M |
| 4 |
GGPE
Golden Gate Private Equity
San Francisco,
California
|
-$16.1M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$14.8M |
TNET Hedge Fund Activity: Q3 2020 in Review
207 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q3 2020, worth a combined $3.65B — down 4.9% from $3.84B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new TNET positions and 11 closed out — a net gain of 30 holders — while 56 added to existing stakes and 85 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $77.2M. The largest seller was Wellington Management Group, cutting an estimated $84.8M.
- 207 institutional investors held TriNet (TNET) as of Q3 2020, up from 178 in Q2 2020.
- Funds reported $3.65B of TriNet stock for Q3 2020, down 4.9% quarter-over-quarter.
- 41 funds opened new TriNet positions in Q3 2020 and 11 closed out, a net change of +30 holders.
- The largest TriNet buyer in Q3 2020 was Fidelity Investments, an estimated $77.2M added.
- The largest TriNet seller in Q3 2020 was Wellington Management Group, an estimated $84.8M sold.
Based on aggregated 13F filings for Q3 2020.