Toll Brothers
401 hedge funds and large institutions have $4.29B invested in Toll Brothers in 2019 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 123 increasing their positions, 153 reducing their positions, and 55 closing their positions.
36% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 55
5% more funds holding
Funds holding: 383 → 401 (+18)
6% less capital inflows, than outflows
Capital inflows: $584M | Capital outflows: $624M
1.42% less ownership
Funds ownership: 82.65% → 81.23% (-1.4%)
20% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 153
24% less call options, than puts
Call options by funds: $23.7M | Put options by funds: $31M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$53.8M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$51.4M |
| 3 |
Bank of New York Mellon
New York
|
+$48.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$39.9M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$122M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$47.5M |
| 3 |
Renaissance Technologies
New York
|
-$47.3M |
| 4 |
Millennium Management
New York
|
-$39.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$37.1M |
TOL Hedge Fund Activity: Q1 2019 in Review
401 of the 4,634 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q1 2019, worth a combined $4.29B — up 8.4% from $3.96B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new TOL positions and 55 closed out — a net gain of 20 holders — while 123 added to existing stakes and 153 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $53.8M. The largest seller was Fidelity International, exiting entirely with an estimated $122M sold.
- 401 institutional investors held Toll Brothers (TOL) as of Q1 2019, up from 383 in Q4 2018.
- Funds reported $4.29B of Toll Brothers stock for Q1 2019, up 8.4% quarter-over-quarter.
- 75 funds opened new Toll Brothers positions in Q1 2019 and 55 closed out, a net change of +20 holders.
- The largest Toll Brothers buyer in Q1 2019 was Massachusetts Financial Services, an estimated $53.8M added.
- The largest Toll Brothers seller in Q1 2019 was Fidelity International, an estimated $122M sold.
Based on aggregated 13F filings for Q1 2019.