Tapestry
589 hedge funds and large institutions have $8.11B invested in Tapestry in 2014 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 219 increasing their positions, 228 reducing their positions, and 137 closing their positions.
4% less repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 228
2.86% less ownership
Funds ownership: 89.27% → 86.41% (-2.9%)
11% less funds holding
Funds holding: 662 → 589 (-73)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
34% less capital invested
Capital invested by funds: $12.3B → $8.11B (-$4.19B)
47% less call options, than puts
Call options by funds: $312M | Put options by funds: $583M
50% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 137
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Wedgewood Partners
St Louis,
Missouri
|
+$184M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$113M |
| 3 |
Two Sigma Investments
New York
|
+$103M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$92.4M |
| 5 |
JP Morgan Chase
New York
|
+$68.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
-$306M |
| 2 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$255M |
| 3 |
BRC
Blue Ridge Capital
New York
|
-$215M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$128M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$109M |
TPR Hedge Fund Activity: Q2 2014 in Review
589 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Tapestry (TPR) for Q2 2014, worth a combined $8.11B — down 34% from $12.3B a quarter earlier.
Sellers outnumbered buyers: 137 funds closed out of TPR and 69 opened new positions — a net loss of 68 holders — while 228 trimmed existing stakes and 219 added.
The largest buyer was Wedgewood Partners, adding an estimated $184M. The largest seller was Independent Franchise Partners, exiting entirely with an estimated $306M sold.
- 589 institutional investors held Tapestry (TPR) as of Q2 2014, down from 662 in Q1 2014.
- Funds reported $8.11B of Tapestry stock for Q2 2014, down 34% quarter-over-quarter.
- 69 funds opened new Tapestry positions in Q2 2014 and 137 closed out, a net change of -68 holders.
- The largest Tapestry buyer in Q2 2014 was Wedgewood Partners, an estimated $184M added.
- The largest Tapestry seller in Q2 2014 was Independent Franchise Partners, an estimated $306M sold.
Based on aggregated 13F filings for Q2 2014.