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Toll Brothers

313 hedge funds and large institutions have $2.02B invested in Toll Brothers in 2020 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 79 increasing their positions, 142 reducing their positions, and 104 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more call options, than puts

Call options by funds: $29.9M | Put options by funds: $13M

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

0.6% less ownership

Funds ownership: 83.6%83.01% (-0.6%)

16% less funds holding

Funds holding: 374313 (-61)

44% less repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 142

54% less first-time investments, than exits

New positions opened: 48 | Existing positions closed: 104

56% less capital invested

Capital invested by funds: $4.58B → $2.02B (-$2.56B)

Holders
313
Holders Change
-61
Holders Change %
-16.31%
% of All Funds
6.9%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
48
Increased
79
Reduced
142
Closed
104
Calls
$29.9M
Puts
$13M
Net Calls
+$16.9M
Net Calls Change
+$9.93M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$287M +$175M +4,613,869 +45%
BlackRock
2
BlackRock
New York
$242M -$38.5M -1,017,871 -7%
Vanguard Group
3
Vanguard Group
Pennsylvania
$235M +$6.34M +167,528 +1%
Massachusetts Financial Services
4
Massachusetts Financial Services
Massachusetts
$142M -$6.04M -159,619 -2%
GA
5
Greenhaven Associates
New York
$95.7M +$47.3M +1,250,046 +34%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$81.8M -$4.99M -131,803 -3%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$79.5M +$17.7M +466,863 +13%
State Street
8
State Street
Massachusetts
$74.2M -$3.28M -86,738 -2%
Citadel Advisors
9
Citadel Advisors
Florida
$36.4M +$23.8M +630,189 +50%
ESCM
10
Echo Street Capital Management
New York
$36.2M +$27.2M +717,638 +62%
LSV Asset Management
11
LSV Asset Management
Illinois
$35.7M -$5.27M -139,258 -7%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$30.5M -$38.9M -1,029,096 -39%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$27.8M -$2.98M -78,780 -5%
Norges Bank
14
Norges Bank
Norway
$27.3M -$6.73M -177,822 -11%
Franklin Resources
15
Franklin Resources
California
$22.7M -$102M -2,691,076 -70%
Bank Julius Baer & Co
16
Bank Julius Baer & Co
Switzerland
$21.1M +$41.5M +1,095,663 New
Northern Trust
17
Northern Trust
Illinois
$20.9M -$1.24M -32,725 -3%
JP Morgan Chase
18
JP Morgan Chase
New York
$20.7M +$14.6M +384,830 +56%
Goldman Sachs
19
Goldman Sachs
New York
$20.6M -$11.8M -312,405 -23%
Ameriprise
20
Ameriprise
Minnesota
$20.2M +$3.56M +94,083 +10%
AQR Capital Management
21
AQR Capital Management
Connecticut
$17.9M -$83.8M -2,214,064 -70%
SDIC
22
South Dakota Investment Council
South Dakota
$16.4M +$11.3M +298,674 +54%
Millennium Management
23
Millennium Management
New York
$15.6M +$30M +792,652 +4,126%
Legal & General Group
24
Legal & General Group
United Kingdom
$13.8M -$2.22M -58,651 -8%
Bank of America
25
Bank of America
North Carolina
$13.1M -$16.2M -428,906 -39%

TOL Hedge Fund Activity: Q1 2020 in Review

313 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Toll Brothers (TOL) for Q1 2020, worth a combined $2.02B — down 56% from $4.58B a quarter earlier.

Sellers outnumbered buyers: 104 funds closed out of TOL and 48 opened new positions — a net loss of 56 holders — while 142 trimmed existing stakes and 79 added.

The largest buyer was Capital World Investors, adding an estimated $175M. The largest seller was Boston Partners, cutting an estimated $119M.

  • 313 institutional investors held Toll Brothers (TOL) as of Q1 2020, down from 374 in Q4 2019.
  • Funds reported $2.02B of Toll Brothers stock for Q1 2020, down 56% quarter-over-quarter.
  • 48 funds opened new Toll Brothers positions in Q1 2020 and 104 closed out, a net change of -56 holders.
  • The largest Toll Brothers buyer in Q1 2020 was Capital World Investors, an estimated $175M added.
  • The largest Toll Brothers seller in Q1 2020 was Boston Partners, an estimated $119M sold.

Based on aggregated 13F filings for Q1 2020.