Tutor Perini Cor
154 hedge funds and large institutions have $956M invested in Tutor Perini Cor in 2016 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 56 increasing their positions, 42 reducing their positions, and 21 closing their positions.
62% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 21
59% more call options, than puts
Call options by funds: $2.96M | Put options by funds: $1.86M
57% more capital invested
Capital invested by funds: $607M → $956M (+$349M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 42
8% more funds holding
Funds holding: 143 → 154 (+11)
2.21% more ownership
Funds ownership: 80.65% → 82.86% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$40.3M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$9.6M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$8.8M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$6.16M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
+$5.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$10.6M |
| 2 |
DVM
Dreman Value Management
West Palm Beach,
Florida
|
-$9.8M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$8.47M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$8.42M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$6.73M |
TPC Hedge Fund Activity: Q2 2016 in Review
154 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tutor Perini Cor (TPC) for Q2 2016, worth a combined $956M — up 57% from $607M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new TPC positions and 21 closed out — a net gain of 13 holders — while 56 added to existing stakes and 42 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $40.3M. The largest seller was Penn Capital Management, cutting an estimated $10.6M.
- 154 institutional investors held Tutor Perini Cor (TPC) as of Q2 2016, up from 143 in Q1 2016.
- Funds reported $956M of Tutor Perini Cor stock for Q2 2016, up 57% quarter-over-quarter.
- 34 funds opened new Tutor Perini Cor positions in Q2 2016 and 21 closed out, a net change of +13 holders.
- The largest Tutor Perini Cor buyer in Q2 2016 was AllianceBernstein, an estimated $40.3M added.
- The largest Tutor Perini Cor seller in Q2 2016 was Penn Capital Management, an estimated $10.6M sold.
Based on aggregated 13F filings for Q2 2016.