Tutor Perini Cor
143 hedge funds and large institutions have $607M invested in Tutor Perini Cor in 2016 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 65 increasing their positions, 36 reducing their positions, and 25 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
81% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 36
0.56% less ownership
Funds ownership: 81.2% → 80.65% (-0.56%)
7% less funds holding
Funds holding: 153 → 143 (-10)
10% less capital invested
Capital invested by funds: $672M → $607M (-$64.5M)
32% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 25
44% less call options, than puts
Call options by funds: $458K | Put options by funds: $819K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DVM
Dreman Value Management
West Palm Beach,
Florida
|
+$6.96M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$6.12M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$5.86M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
+$3.9M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$3.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$9.55M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$8.48M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$7.06M |
| 4 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$5.4M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$5.38M |
TPC Hedge Fund Activity: Q1 2016 in Review
143 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Tutor Perini Cor (TPC) for Q1 2016, worth a combined $607M — down 9.6% from $672M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of TPC and 17 opened new positions — a net loss of 8 holders — while 36 trimmed existing stakes and 65 added.
The largest buyer was Dreman Value Management, opening a new position worth an estimated $6.96M. The largest seller was Pzena Investment Management, cutting an estimated $9.55M.
- 143 institutional investors held Tutor Perini Cor (TPC) as of Q1 2016, down from 153 in Q4 2015.
- Funds reported $607M of Tutor Perini Cor stock for Q1 2016, down 9.6% quarter-over-quarter.
- 17 funds opened new Tutor Perini Cor positions in Q1 2016 and 25 closed out, a net change of -8 holders.
- The largest Tutor Perini Cor buyer in Q1 2016 was Dreman Value Management, an estimated $6.96M added.
- The largest Tutor Perini Cor seller in Q1 2016 was Pzena Investment Management, an estimated $9.55M sold.
Based on aggregated 13F filings for Q1 2016.