Toll Brothers
407 hedge funds and large institutions have $6.18B invested in Toll Brothers in 2021 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 137 increasing their positions, 126 reducing their positions, and 56 closing their positions.
29% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 56
4% more funds holding
Funds holding: 392 → 407 (+15)
9% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 126
1% less capital invested
Capital invested by funds: $6.22B → $6.18B (-$42.1M)
2.45% less ownership
Funds ownership: 89.32% → 86.87% (-2.4%)
16% less call options, than puts
Call options by funds: $94.2M | Put options by funds: $112M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$132M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$35.9M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$29.2M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$19.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$185M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$129M |
| 3 |
EC
Eminence Capital
New York
|
-$66.5M |
| 4 |
Millennium Management
New York
|
-$26M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$25.8M |
TOL Hedge Fund Activity: Q2 2021 in Review
407 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q2 2021, worth a combined $6.18B — down 0.68% from $6.22B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new TOL positions and 56 closed out — a net gain of 16 holders — while 137 added to existing stakes and 126 trimmed.
The largest buyer was Iridian Asset Management, opening a new position worth an estimated $132M. The largest seller was BlackRock, cutting an estimated $185M.
- 407 institutional investors held Toll Brothers (TOL) as of Q2 2021, up from 392 in Q1 2021.
- Funds reported $6.18B of Toll Brothers stock for Q2 2021, down 0.68% quarter-over-quarter.
- 72 funds opened new Toll Brothers positions in Q2 2021 and 56 closed out, a net change of +16 holders.
- The largest Toll Brothers buyer in Q2 2021 was Iridian Asset Management, an estimated $132M added.
- The largest Toll Brothers seller in Q2 2021 was BlackRock, an estimated $185M sold.
Based on aggregated 13F filings for Q2 2021.