Toll Brothers
337 hedge funds and large institutions have $5.4B invested in Toll Brothers in 2013 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 124 increasing their positions, 119 reducing their positions, and 36 closing their positions.
58% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 36
21% more capital invested
Capital invested by funds: $4.46B → $5.4B (+$945M)
15% more call options, than puts
Call options by funds: $200M | Put options by funds: $173M
6% more funds holding
Funds holding: 318 → 337 (+19)
4% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 119
0.57% more ownership
Funds ownership: 81.8% → 82.37% (+0.57%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$54.2M |
| 2 |
MAM
Marketfield Asset Management
New York
|
+$45.7M |
| 3 |
Goldman Sachs
New York
|
+$44.4M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$35.2M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
+$28.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$72.7M |
| 2 |
GA
GRS Advisors
Chicago,
Illinois
|
-$67M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$30.5M |
| 4 |
CCM
Cadian Capital Management
New York
|
-$21.6M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$17.9M |
TOL Hedge Fund Activity: Q4 2013 in Review
337 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q4 2013, worth a combined $5.4B — up 21% from $4.46B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new TOL positions and 36 closed out — a net gain of 21 holders — while 124 added to existing stakes and 119 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $54.2M. The largest seller was Fidelity Investments, cutting an estimated $72.7M.
- 337 institutional investors held Toll Brothers (TOL) as of Q4 2013, up from 318 in Q3 2013.
- Funds reported $5.4B of Toll Brothers stock for Q4 2013, up 21% quarter-over-quarter.
- 57 funds opened new Toll Brothers positions in Q4 2013 and 36 closed out, a net change of +21 holders.
- The largest Toll Brothers buyer in Q4 2013 was Citadel Advisors, an estimated $54.2M added.
- The largest Toll Brothers seller in Q4 2013 was Fidelity Investments, an estimated $72.7M sold.
Based on aggregated 13F filings for Q4 2013.