Toll Brothers
428 hedge funds and large institutions have $4.12B invested in Toll Brothers in 2018 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 143 increasing their positions, 150 reducing their positions, and 47 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 47
4.15% more ownership
Funds ownership: 80.62% → 84.76% (+4.1%)
4% more funds holding
Funds holding: 412 → 428 (+16)
5% less repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 150
9% less capital invested
Capital invested by funds: $4.53B → $4.12B (-$402M)
71% less call options, than puts
Call options by funds: $23.8M | Put options by funds: $81.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$77.6M |
| 2 |
Millennium Management
New York
|
+$48.8M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$34.7M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
+$31.8M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$47.4M |
| 2 |
Neuberger Berman Group
New York
|
-$30.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$28.5M |
| 4 |
Bank of New York Mellon
New York
|
-$21.1M |
| 5 |
Janus Henderson Group
London,
|
-$21M |
TOL Hedge Fund Activity: Q3 2018 in Review
428 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q3 2018, worth a combined $4.12B — down 8.9% from $4.53B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new TOL positions and 47 closed out — a net gain of 18 holders — while 143 added to existing stakes and 150 trimmed.
The largest buyer was Franklin Resources, adding an estimated $77.6M. The largest seller was AQR Capital Management, cutting an estimated $47.4M.
- 428 institutional investors held Toll Brothers (TOL) as of Q3 2018, up from 412 in Q2 2018.
- Funds reported $4.12B of Toll Brothers stock for Q3 2018, down 8.9% quarter-over-quarter.
- 65 funds opened new Toll Brothers positions in Q3 2018 and 47 closed out, a net change of +18 holders.
- The largest Toll Brothers buyer in Q3 2018 was Franklin Resources, an estimated $77.6M added.
- The largest Toll Brothers seller in Q3 2018 was AQR Capital Management, an estimated $47.4M sold.
Based on aggregated 13F filings for Q3 2018.