Toll Brothers
367 hedge funds and large institutions have $3.86B invested in Toll Brothers in 2016 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 130 increasing their positions, 124 reducing their positions, and 42 closing their positions.
125% more call options, than puts
Call options by funds: $61.4M | Put options by funds: $27.3M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
17% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 42
11% more capital invested
Capital invested by funds: $3.46B → $3.86B (+$393M)
1.24% more ownership
Funds ownership: 77.54% → 78.79% (+1.2%)
5% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 124
1% more funds holding
Funds holding: 364 → 367 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$45.5M |
| 2 |
Neuberger Berman Group
New York
|
+$44.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$34.4M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$20.5M |
| 5 |
GA
Greenhaven Associates
Purchase,
New York
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$60.8M |
| 2 |
JP Morgan Chase
New York
|
-$39.7M |
| 3 |
Millennium Management
New York
|
-$29.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.1M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$19.7M |
TOL Hedge Fund Activity: Q3 2016 in Review
367 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q3 2016, worth a combined $3.86B — up 11% from $3.46B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new TOL positions and 42 closed out — a net gain of 7 holders — while 130 added to existing stakes and 124 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $45.5M. The largest seller was Capital Growth Management, exiting entirely with an estimated $60.8M sold.
- 367 institutional investors held Toll Brothers (TOL) as of Q3 2016, up from 364 in Q2 2016.
- Funds reported $3.86B of Toll Brothers stock for Q3 2016, up 11% quarter-over-quarter.
- 49 funds opened new Toll Brothers positions in Q3 2016 and 42 closed out, a net change of +7 holders.
- The largest Toll Brothers buyer in Q3 2016 was Massachusetts Financial Services, an estimated $45.5M added.
- The largest Toll Brothers seller in Q3 2016 was Capital Growth Management, an estimated $60.8M sold.
Based on aggregated 13F filings for Q3 2016.