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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.

New
Increased
Maintained
Reduced
Closed

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: 378389 (+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: 85 (-3)

Holders
389
Holders Change
+11
Holders Change %
+2.91%
% of All Funds
9.7%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.12%
New
55
Increased
151
Reduced
112
Closed
42
Calls
$34.9M
Puts
$42.9M
Net Calls
-$8.02M
Net Calls Change
-$14.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$664M +$10.9M +291,112 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$495M +$12.1M +323,334 +3%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$357M +$39.8M +1,067,193 +13%
State Street
4
State Street
Massachusetts
$247M +$2.01M +53,781 +0.9%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$208M +$506K +13,552 +0.3%
GA
6
Greenhaven Associates
New York
$159M -$498K -13,338 -0.3%
Millennium Management
7
Millennium Management
New York
$134M +$91.8M +2,459,820 +265%
JP Morgan Chase
8
JP Morgan Chase
New York
$121M -$65.9M -1,764,778 -37%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$116M -$32.4M -867,243 -23%
DSC
10
Donald Smith & Co
New York
$90.8M +$922K +24,697 +1%
Capital Research Global Investors
11
Capital Research Global Investors
California
$83.2M -$4.48M -120,000 -5%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$79.2M -$4.5M -120,577 -6%
Bank of America
13
Bank of America
North Carolina
$78.8M +$5.75M +154,137 +8%
Thrivent Financial for Lutherans
14
Thrivent Financial for Lutherans
Minnesota
$74.8M +$721K +19,320 +1%
Goldman Sachs
15
Goldman Sachs
New York
$71.3M -$10.9M -291,672 -14%
Jennison Associates
16
Jennison Associates
New York
$60.4M -$44.1M -1,182,226 -44%
Prudential Financial
17
Prudential Financial
New Jersey
$56.6M +$16.1M +430,220 +43%
SFM
18
Systematic Financial Management
New Jersey
$56.2M +$4.63M +124,050 +10%
Massachusetts Financial Services
19
Massachusetts Financial Services
Massachusetts
$55.9M -$20.7M -553,360 -28%
Northern Trust
20
Northern Trust
Illinois
$53.2M -$201K -5,378 -0.4%
PAMU
21
Pictet Asset Management (UK)
United Kingdom
$52.5M +$2.8M +75,099 +6%
CC
22
Cannell & Co
New York
$52.2M +$6.17M +165,210 +14%
AQR Capital Management
23
AQR Capital Management
Connecticut
$50.7M +$18.5M +495,692 +63%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$49.9M +$4.56M +122,076 +11%
State of New Jersey Common Pension Fund D
25
State of New Jersey Common Pension Fund D
New Jersey
$49.3M +$8.96M +240,000 +24%

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.