TriNet
TNET
245 hedge funds and large institutions have $5.34B invested in TriNet in 2023 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 80 increasing their positions, 84 reducing their positions, and 28 closing their positions.
510% more call options, than puts
Call options by funds: $13.7M | Put options by funds: $2.24M
71% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 28
19% more capital invested
Capital invested by funds: $4.5B → $5.34B (+$839M)
9% more funds holding
Funds holding: 225 → 245 (+20)
1.72% more ownership
Funds ownership: 92.87% → 94.59% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$101M |
| 2 |
Jane Street
New York
|
+$44.2M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$36.4M |
| 4 |
Millennium Management
New York
|
+$17.6M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.9M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$38.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$36M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$33.5M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$31.7M |
TNET Hedge Fund Activity: Q2 2023 in Review
245 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in TriNet (TNET) for Q2 2023, worth a combined $5.34B — up 19% from $4.5B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new TNET positions and 28 closed out — a net gain of 20 holders — while 80 added to existing stakes and 84 trimmed.
The largest buyer was EARNEST Partners, opening a new position worth an estimated $101M. The largest seller was Fidelity Investments, cutting an estimated $43.9M.
- 245 institutional investors held TriNet (TNET) as of Q2 2023, up from 225 in Q1 2023.
- Funds reported $5.34B of TriNet stock for Q2 2023, up 19% quarter-over-quarter.
- 48 funds opened new TriNet positions in Q2 2023 and 28 closed out, a net change of +20 holders.
- The largest TriNet buyer in Q2 2023 was EARNEST Partners, an estimated $101M added.
- The largest TriNet seller in Q2 2023 was Fidelity Investments, an estimated $43.9M sold.
Based on aggregated 13F filings for Q2 2023.