Toll Brothers
412 hedge funds and large institutions have $4.53B invested in Toll Brothers in 2018 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 132 increasing their positions, 161 reducing their positions, and 61 closing their positions.
4% less funds holding
Funds holding: 429 → 412 (-17)
5.04% less ownership
Funds ownership: 85.66% → 80.62% (-5%)
18% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 161
19% less capital invested
Capital invested by funds: $5.62B → $4.53B (-$1.09B)
25% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 61
34% less call options, than puts
Call options by funds: $34M | Put options by funds: $51.6M
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$43.4M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$32.8M |
| 3 |
BA
Bridgewater Associates
Westport,
Connecticut
|
+$32.7M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$26M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$83.9M |
| 2 |
JP Morgan Chase
New York
|
-$68.3M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$53.4M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$47M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$34.3M |
TOL Hedge Fund Activity: Q2 2018 in Review
412 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q2 2018, worth a combined $4.53B — down 19% from $5.62B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of TOL and 46 opened new positions — a net loss of 15 holders — while 161 trimmed existing stakes and 132 added.
The largest buyer was Franklin Resources, adding an estimated $43.4M. The largest seller was AJO LP, exiting entirely with an estimated $83.9M sold.
- 412 institutional investors held Toll Brothers (TOL) as of Q2 2018, down from 429 in Q1 2018.
- Funds reported $4.53B of Toll Brothers stock for Q2 2018, down 19% quarter-over-quarter.
- 46 funds opened new Toll Brothers positions in Q2 2018 and 61 closed out, a net change of -15 holders.
- The largest Toll Brothers buyer in Q2 2018 was Franklin Resources, an estimated $43.4M added.
- The largest Toll Brothers seller in Q2 2018 was AJO LP, an estimated $83.9M sold.
Based on aggregated 13F filings for Q2 2018.