Toll Brothers
375 hedge funds and large institutions have $4.08B invested in Toll Brothers in 2016 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 119 increasing their positions, 137 reducing their positions, and 50 closing their positions.
30% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 50
15% more call options, than puts
Call options by funds: $38.5M | Put options by funds: $33.5M
6% more capital invested
Capital invested by funds: $3.86B → $4.08B (+$226M)
2.29% more ownership
Funds ownership: 78.79% → 81.08% (+2.3%)
2% more funds holding
Funds holding: 367 → 375 (+8)
13% less repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 137
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$67.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$61M |
| 3 |
Millennium Management
New York
|
+$46.8M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$41.5M |
| 5 |
Goldman Sachs
New York
|
+$36.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$56.7M |
| 2 |
O
OppenheimerFunds
New York
|
-$47.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.3M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$38.5M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$24.3M |
TOL Hedge Fund Activity: Q4 2016 in Review
375 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q4 2016, worth a combined $4.08B — up 5.9% from $3.86B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new TOL positions and 50 closed out — a net gain of 15 holders — while 119 added to existing stakes and 137 trimmed.
The largest buyer was Donald Smith & Co, opening a new position worth an estimated $67.3M. The largest seller was JP Morgan Chase, cutting an estimated $56.7M.
- 375 institutional investors held Toll Brothers (TOL) as of Q4 2016, up from 367 in Q3 2016.
- Funds reported $4.08B of Toll Brothers stock for Q4 2016, up 5.9% quarter-over-quarter.
- 65 funds opened new Toll Brothers positions in Q4 2016 and 50 closed out, a net change of +15 holders.
- The largest Toll Brothers buyer in Q4 2016 was Donald Smith & Co, an estimated $67.3M added.
- The largest Toll Brothers seller in Q4 2016 was JP Morgan Chase, an estimated $56.7M sold.
Based on aggregated 13F filings for Q4 2016.