Toll Brothers
400 hedge funds and large institutions have $5.64B invested in Toll Brothers in 2017 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 159 increasing their positions, 115 reducing their positions, and 31 closing their positions.
48% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 31
38% more repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 115
7% more capital invested
Capital invested by funds: $5.25B → $5.64B (+$389M)
4.61% more ownership
Funds ownership: 81.31% → 85.92% (+4.6%)
3% more funds holding
Funds holding: 389 → 400 (+11)
6% less call options, than puts
Call options by funds: $54.3M | Put options by funds: $57.5M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$162M |
| 2 |
Bank of New York Mellon
New York
|
+$44.2M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$34.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.1M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$20.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$124M |
| 2 |
DSC
Donald Smith & Co
New York
|
-$46.1M |
| 3 |
Jennison Associates
New York
|
-$41.9M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$38.1M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$21.9M |
TOL Hedge Fund Activity: Q3 2017 in Review
400 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q3 2017, worth a combined $5.64B — up 7.4% from $5.25B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new TOL positions and 31 closed out — a net gain of 15 holders — while 159 added to existing stakes and 115 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $162M. The largest seller was Millennium Management, cutting an estimated $124M.
- 400 institutional investors held Toll Brothers (TOL) as of Q3 2017, up from 389 in Q2 2017.
- Funds reported $5.64B of Toll Brothers stock for Q3 2017, up 7.4% quarter-over-quarter.
- 46 funds opened new Toll Brothers positions in Q3 2017 and 31 closed out, a net change of +15 holders.
- The largest Toll Brothers buyer in Q3 2017 was JP Morgan Chase, an estimated $162M added.
- The largest Toll Brothers seller in Q3 2017 was Millennium Management, an estimated $124M sold.
Based on aggregated 13F filings for Q3 2017.