Tapestry
515 hedge funds and large institutions have $6.56B invested in Tapestry in 2019 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 189 increasing their positions, 188 reducing their positions, and 116 closing their positions.
49% more call options, than puts
Call options by funds: $156M | Put options by funds: $105M
1% more repeat investments, than reductions
Existing positions increased: 189 | Existing positions reduced: 188
1.12% less ownership
Funds ownership: 88.85% → 87.73% (-1.1%)
11% less funds holding
Funds holding: 578 → 515 (-63)
20% less capital invested
Capital invested by funds: $8.18B → $6.56B (-$1.62B)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
50% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 116
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$150M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$63.4M |
| 3 |
Lazard Asset Management
New York
|
+$45.3M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$43.4M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$36.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$111M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$98.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$82.8M |
| 4 |
Millennium Management
New York
|
-$52.4M |
| 5 |
Two Sigma Investments
New York
|
-$42.2M |
TPR Hedge Fund Activity: Q3 2019 in Review
515 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Tapestry (TPR) for Q3 2019, worth a combined $6.56B — down 20% from $8.18B a quarter earlier.
Sellers outnumbered buyers: 116 funds closed out of TPR and 58 opened new positions — a net loss of 58 holders — while 188 trimmed existing stakes and 189 added.
The largest buyer was Bank of New York Mellon, adding an estimated $150M. The largest seller was Prudential Financial, cutting an estimated $111M.
- 515 institutional investors held Tapestry (TPR) as of Q3 2019, down from 578 in Q2 2019.
- Funds reported $6.56B of Tapestry stock for Q3 2019, down 20% quarter-over-quarter.
- 58 funds opened new Tapestry positions in Q3 2019 and 116 closed out, a net change of -58 holders.
- The largest Tapestry buyer in Q3 2019 was Bank of New York Mellon, an estimated $150M added.
- The largest Tapestry seller in Q3 2019 was Prudential Financial, an estimated $111M sold.
Based on aggregated 13F filings for Q3 2019.