Tutor Perini Cor
163 hedge funds and large institutions have $600M invested in Tutor Perini Cor in 2019 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 52 increasing their positions, 48 reducing their positions, and 11 closing their positions.
245% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 11
20% more funds holding
Funds holding: 136 → 163 (+27)
8% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 48
6.98% less ownership
Funds ownership: 99.79% → 92.8% (-7%)
17% less capital invested
Capital invested by funds: $719M → $600M (-$119M)
48% less call options, than puts
Call options by funds: $987K | Put options by funds: $1.89M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$13.3M |
| 2 |
Millennium Management
New York
|
+$13.1M |
| 3 |
Two Sigma Investments
New York
|
+$6.59M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.02M |
| 5 |
Morgan Stanley
New York
|
+$5.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$59M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$38.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.96M |
| 4 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$8.61M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$8.09M |
TPC Hedge Fund Activity: Q4 2019 in Review
163 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Tutor Perini Cor (TPC) for Q4 2019, worth a combined $600M — down 17% from $719M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new TPC positions and 11 closed out — a net gain of 27 holders — while 52 added to existing stakes and 48 trimmed.
The largest buyer was Hood River Capital Management, adding an estimated $13.3M. The largest seller was Russell Investments Group, cutting an estimated $59M.
- 163 institutional investors held Tutor Perini Cor (TPC) as of Q4 2019, up from 136 in Q3 2019.
- Funds reported $600M of Tutor Perini Cor stock for Q4 2019, down 17% quarter-over-quarter.
- 38 funds opened new Tutor Perini Cor positions in Q4 2019 and 11 closed out, a net change of +27 holders.
- The largest Tutor Perini Cor buyer in Q4 2019 was Hood River Capital Management, an estimated $13.3M added.
- The largest Tutor Perini Cor seller in Q4 2019 was Russell Investments Group, an estimated $59M sold.
Based on aggregated 13F filings for Q4 2019.