Toll Brothers
369 hedge funds and large institutions have $3.95B invested in Toll Brothers in 2016 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 133 increasing their positions, 123 reducing their positions, and 61 closing their positions.
32% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $15.6M
8% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 123
0.4% less ownership
Funds ownership: 79.67% → 79.27% (-0.4%)
3% less funds holding
Funds holding: 379 → 369 (-10)
11% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 61
15% less capital invested
Capital invested by funds: $4.62B → $3.95B (-$675M)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Greenhaven Associates
Purchase,
New York
|
+$46.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$35.5M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$25.6M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$21.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$74.8M |
| 2 |
JP Morgan Chase
New York
|
-$63M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$61.2M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$38.4M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$33.7M |
TOL Hedge Fund Activity: Q1 2016 in Review
369 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q1 2016, worth a combined $3.95B — down 15% from $4.62B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of TOL and 54 opened new positions — a net loss of 7 holders — while 123 trimmed existing stakes and 133 added.
The largest buyer was Greenhaven Associates, opening a new position worth an estimated $46.5M. The largest seller was Neuberger Berman Group, cutting an estimated $74.8M.
- 369 institutional investors held Toll Brothers (TOL) as of Q1 2016, down from 379 in Q4 2015.
- Funds reported $3.95B of Toll Brothers stock for Q1 2016, down 15% quarter-over-quarter.
- 54 funds opened new Toll Brothers positions in Q1 2016 and 61 closed out, a net change of -7 holders.
- The largest Toll Brothers buyer in Q1 2016 was Greenhaven Associates, an estimated $46.5M added.
- The largest Toll Brothers seller in Q1 2016 was Neuberger Berman Group, an estimated $74.8M sold.
Based on aggregated 13F filings for Q1 2016.