Toll Brothers
389 hedge funds and large institutions have $5.25B invested in Toll Brothers in 2017 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 151 increasing their positions, 112 reducing their positions, and 42 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 112
31% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 42
9% more capital invested
Capital invested by funds: $4.8B → $5.25B (+$449M)
3% more funds holding
Funds holding: 378 → 389 (+11)
0.47% less ownership
Funds ownership: 81.79% → 81.31% (-0.47%)
19% less call options, than puts
Call options by funds: $34.9M | Put options by funds: $42.9M
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$91.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.8M |
| 3 |
Citigroup
New York
|
+$20.2M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$18.5M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$66.8M |
| 2 |
JP Morgan Chase
New York
|
-$65.9M |
| 3 |
Jennison Associates
New York
|
-$44.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$32.4M |
| 5 |
LHC
Lodge Hill Capital
New York
|
-$24.9M |
TOL Hedge Fund Activity: Q2 2017 in Review
389 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q2 2017, worth a combined $5.25B — up 9.4% from $4.8B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new TOL positions and 42 closed out — a net gain of 13 holders — while 151 added to existing stakes and 112 trimmed.
The largest buyer was Millennium Management, adding an estimated $91.8M. The largest seller was Capital Growth Management, cutting an estimated $66.8M.
- 389 institutional investors held Toll Brothers (TOL) as of Q2 2017, up from 378 in Q1 2017.
- Funds reported $5.25B of Toll Brothers stock for Q2 2017, up 9.4% quarter-over-quarter.
- 55 funds opened new Toll Brothers positions in Q2 2017 and 42 closed out, a net change of +13 holders.
- The largest Toll Brothers buyer in Q2 2017 was Millennium Management, an estimated $91.8M added.
- The largest Toll Brothers seller in Q2 2017 was Capital Growth Management, an estimated $66.8M sold.
Based on aggregated 13F filings for Q2 2017.