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Toll Brothers
TOL

574 hedge funds and large institutions have $9.92B invested in Toll Brothers in 2023 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 179 increasing their positions, 218 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

134% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 50

33% more capital invested

Capital invested by funds: $7.45B → $9.92B (+$2.47B)

20% more funds holding in top 10

Funds holding in top 10: 5 → 6 (+1)

11% more funds holding

Funds holding: 516 → 574 (+58)

0.51% less ownership

Funds ownership: 93.21% → 92.7% (-0.51%)

18% less repeat investments, than reductions

Existing positions increased: 179 | Existing positions reduced: 218

41% less call options, than puts

Call options by funds: $180M | Put options by funds: $305M

Holders
574
Holders Change
+58
Holders Change %
+11.24%
% of All Funds
8.37%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.09%
New
117
Increased
179
Reduced
218
Closed
50
Calls
$180M
Puts
$305M
Net Calls
-$125M
Net Calls Change
-$37.4M

Top Buyers

1
Man Group
Man Group
United Kingdom
+$38.7M
2
MCM
Marsico Capital Management
Colorado
+$37.7M
3
Morgan Stanley
Morgan Stanley
New York
+$37.2M
4
Allianz Asset Management
Allianz Asset Management
Germany
+$31M
5
Bank of America
Bank of America
North Carolina
+$27M

Top Sellers

1
BlackRock
BlackRock
New York
-$162M
2
Acadian Asset Management
Acadian Asset Management
Massachusetts
-$60.1M
3
Millennium Management
Millennium Management
New York
-$50M
4
Holocene Advisors
Holocene Advisors
New York
-$48.1M
5
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
-$46.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
OPS
351
Orion Portfolio Solutions
Nebraska
$549K +$101K +1,218 +29%
Capstone Investment Advisors
352
Capstone Investment Advisors
New York
$540K +$438K +5,253 New
MFG
353
Merit Financial Group
Georgia
$532K +$83 +1 +0%
MC
354
Machina Capital
France
$531K +$430K +5,163 New
PP
355
PDT Partners
New York
$525K -$1.68M -20,194 -80%
CCG
356
Ceeto Capital Group
Florida
$514K -$167K -2,000 -29%
ADEF
357
ABS Direct Equity Fund
Connecticut
$514K +$417K +5,000 New
MC
358
Maverick Capital
Texas
$505K +$409K +4,913 New
KFI
359
Key Financial Inc
Pennsylvania
$501K – – –
WA
360
WESPAC Advisors
California
$497K +$403K +4,836 New
SCP
361
Stamos Capital Partners
California
$494K -$482K -5,790 -55%
CIS
362
Custom Index Systems
New York
$488K +$396K +4,751 New
SCM
363
Shelton Capital Management
Colorado
$485K -$7.25K -87 -2%
KBC Group
364
KBC Group
Belgium
$483K +$37.1K +445 +10%
I
365
InceptionR
California
$481K +$127K +1,521 +48%
KWA
366
Kingswood Wealth Advisors
California
$475K +$72.2K +867 +23%
SRAM
367
Spouting Rock Asset Management
Pennsylvania
$475K +$385K +4,618 New
OAM
368
Oak Asset Management
California
$473K -$125K -1,500 -25%
SRL
369
Scientech Research LLC
New Jersey
$472K +$382K +4,589 New
GWA
370
Gratus Wealth Advisors
Virginia
$470K +$381K +4,570 New
TFS
371
Thoroughbred Financial Services
Tennessee
$455K +$83.3K +1,000 +29%
ASN
372
Advisory Services Network
Georgia
$454K +$125K +1,496 +51%
SAM
373
Shell Asset Management
Netherlands
$451K -$110K -1,319 -23%
FTDI
374
First Trust Direct Indexing
Massachusetts
$448K +$22.8K +274 +7%
AWM
375
AE Wealth Management
Kansas
$440K +$14.9K +179 +4%
13 14
15
16 17

TOL Hedge Fund Activity: Q4 2023 in Review

574 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q4 2023, worth a combined $9.92B — up 33% from $7.45B a quarter earlier.

Buyers outnumbered sellers: 117 funds opened new TOL positions and 50 closed out — a net gain of 67 holders — while 179 added to existing stakes and 218 trimmed.

The largest buyer was Man Group, opening a new position worth an estimated $38.7M. The largest seller was BlackRock, cutting an estimated $162M.

  • 574 institutional investors held Toll Brothers (TOL) as of Q4 2023, up from 516 in Q3 2023.
  • Funds reported $9.92B of Toll Brothers stock for Q4 2023, up 33% quarter-over-quarter.
  • 117 funds opened new Toll Brothers positions in Q4 2023 and 50 closed out, a net change of +67 holders.
  • The largest Toll Brothers buyer in Q4 2023 was Man Group, an estimated $38.7M added.
  • The largest Toll Brothers seller in Q4 2023 was BlackRock, an estimated $162M sold.

Based on aggregated 13F filings for Q4 2023.