Tapestry
TPR
716 hedge funds and large institutions have $13.8B invested in Tapestry in 2013 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 242 increasing their positions, 285 reducing their positions, and 80 closing their positions.
30% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 80
5% more capital invested
Capital invested by funds: $13.1B → $13.8B (+$702M)
2.27% more ownership
Funds ownership: 85.49% → 87.76% (+2.3%)
2% more funds holding
Funds holding: 702 → 716 (+14)
12% less funds holding in top 10
Funds holding in top 10: 17 → 15 (-2)
15% less repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 285
40% less call options, than puts
Call options by funds: $306M | Put options by funds: $510M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$389M |
| 2 |
AIG
American International Group
New York
|
+$264M |
| 3 |
Dodge & Cox
San Francisco,
California
|
+$258M |
| 4 |
BRC
Blue Ridge Capital
New York
|
+$131M |
| 5 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$83.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$230M |
| 2 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$132M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$101M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$73.2M |
| 5 |
GCM
Gates Capital Management
New York
|
-$73.2M |
TPR Hedge Fund Activity: Q4 2013 in Review
716 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Tapestry (TPR) for Q4 2013, worth a combined $13.8B — up 5.4% from $13.1B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new TPR positions and 80 closed out — a net gain of 24 holders — while 242 added to existing stakes and 285 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $389M. The largest seller was Morgan Stanley, cutting an estimated $230M.
- 716 institutional investors held Tapestry (TPR) as of Q4 2013, up from 702 in Q3 2013.
- Funds reported $13.8B of Tapestry stock for Q4 2013, up 5.4% quarter-over-quarter.
- 104 funds opened new Tapestry positions in Q4 2013 and 80 closed out, a net change of +24 holders.
- The largest Tapestry buyer in Q4 2013 was T. Rowe Price Associates, an estimated $389M added.
- The largest Tapestry seller in Q4 2013 was Morgan Stanley, an estimated $230M sold.
Based on aggregated 13F filings for Q4 2013.