We are live on ! Find out more
TOL icon

Toll Brothers
TOL

318 hedge funds and large institutions have $4.41B invested in Toll Brothers in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 120 increasing their positions, 113 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.66% more ownership

Funds ownership: 79.55% → 81.21% (+1.7%)

8% more call options, than puts

Call options by funds: $148M | Put options by funds: $137M

6% more repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 113

2% more capital invested

Capital invested by funds: $4.35B → $4.41B (+$68.2M)

6% less funds holding

Funds holding: 338 → 318 (-20)

31% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 48

33% less funds holding in top 10

Funds holding in top 10: 9 → 6 (-3)

Holders
318
Holders Change
-20
Holders Change %
-5.92%
% of All Funds
10.31%
Holding in Top 10
6
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-33.33%
% of All Funds
0.19%
New
33
Increased
120
Reduced
113
Closed
48
Calls
$148M
Puts
$137M
Net Calls
+$11.5M
Net Calls Change
+$7.12M

Top Buyers

1
CGM
Capital Growth Management
Massachusetts
+$203M
2
JP Morgan Chase
JP Morgan Chase
New York
+$90.5M
3
Cohen & Steers
Cohen & Steers
New York
+$62.2M
4
MAM
Marketfield Asset Management
New York
+$26.5M
5
CCM
Cadian Capital Management
New York
+$21.5M

Top Sellers

1
Fidelity Investments
Fidelity Investments
Massachusetts
-$66.4M
2
PC
PointState Capital
New York
-$54.7M
3
American Century Companies
American Century Companies
Missouri
-$41.9M
4
MGC
Merchants' Gate Capital
New York
-$33.7M
5
Invesco
Invesco
Georgia
-$24.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
Norges Bank
26
Norges Bank
Norway
$33.9M – – –
BG
27
BlackRock Group
United Kingdom
$32.7M +$1.66M +51,476 +5%
MCM
28
Munder Capital Management
Michigan
$32.1M +$636K +19,666 +2%
Westfield Capital Management
29
Westfield Capital Management
Massachusetts
$30.5M +$318K +9,825 +1%
SIM
30
Stelliam Investment Management
New York
$30M +$5.24M +162,000 +21%
CPM
31
Chesapeake Partners Management
Maryland
$28.4M – – –
RFC
32
Russell Frank Company
Washington
$27.5M -$7.57M -233,941 -22%
FC
33
Fiera Capital
New York
$24.6M -$12.2M -376,555 -33%
DS
34
Dudley & Shanley
Florida
$23.3M +$1.09M +33,800 +5%
TG
35
TCW Group
California
$22.9M +$7.43M +229,703 +48%
CCM
36
Cadian Capital Management
New York
$21.6M +$21.5M +665,000 New
Geode Capital Management
37
Geode Capital Management
Massachusetts
$21.2M +$1.31M +40,433 +7%
CCI
38
Columbus Circle Investors
$20.7M +$36.6K +1,133 +0.2%
PAMU
39
Pictet Asset Management (UK)
United Kingdom
$18.9M +$74.8K +2,314 +0.4%
Legal & General Group
40
Legal & General Group
United Kingdom
$18.7M +$533K +16,474 +3%
OC
41
Oakmont Corp
California
$18.4M -$2.02M -62,500 -10%
CS
42
Credit Suisse
Switzerland
$18.1M +$3.44M +106,304 +24%
Parnassus Investments
43
Parnassus Investments
California
$17.8M – – –
MNA
44
Manning & Napier Advisors
New York
$17M -$81.5K -2,519 -0.5%
Sumitomo Mitsui Trust Group
45
Sumitomo Mitsui Trust Group
Japan
$16.3M +$85K +2,627 +0.5%
Deutsche Bank
46
Deutsche Bank
Germany
$15.8M -$266K -8,235 -2%
V
47
Veritable
Delaware
$15.5M +$110K +3,405 +0.7%
GIA
48
Gateway Investment Advisers
Ohio
$15.4M +$2.91K +90 +0%
BIM
49
BlackRock Investment Management
Delaware
$15.1M +$1.25M +38,609 +9%
Fisher Asset Management
50
Fisher Asset Management
Washington
$14.5M +$681K +21,050 +5%
1
2
3 4 5

TOL Hedge Fund Activity: Q3 2013 in Review

318 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q3 2013, worth a combined $4.41B — up 1.6% from $4.35B a quarter earlier.

Sellers outnumbered buyers: 48 funds closed out of TOL and 33 opened new positions — a net loss of 15 holders — while 113 trimmed existing stakes and 120 added.

The largest buyer was Capital Growth Management, opening a new position worth an estimated $203M. The largest seller was Fidelity Investments, cutting an estimated $66.4M.

  • 318 institutional investors held Toll Brothers (TOL) as of Q3 2013, down from 338 in Q2 2013.
  • Funds reported $4.41B of Toll Brothers stock for Q3 2013, up 1.6% quarter-over-quarter.
  • 33 funds opened new Toll Brothers positions in Q3 2013 and 48 closed out, a net change of -15 holders.
  • The largest Toll Brothers buyer in Q3 2013 was Capital Growth Management, an estimated $203M added.
  • The largest Toll Brothers seller in Q3 2013 was Fidelity Investments, an estimated $66.4M sold.

Based on aggregated 13F filings for Q3 2013.