Tapestry
702 hedge funds and large institutions have $13.1B invested in Tapestry in 2013 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 282 increasing their positions, 273 reducing their positions, and 92 closing their positions.
1.97% more ownership
Funds ownership: 83.51% → 85.49% (+2%)
3% more repeat investments, than reductions
Existing positions increased: 282 | Existing positions reduced: 273
2% less capital invested
Capital invested by funds: $13.4B → $13.1B (-$304M)
6% less funds holding
Funds holding: 745 → 702 (-43)
32% less funds holding in top 10
Funds holding in top 10: 25 → 17 (-8)
38% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 92
43% less call options, than puts
Call options by funds: $304M | Put options by funds: $529M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$198M |
| 2 |
AGA
Altrinsic Global Advisors
Stamford,
Connecticut
|
+$81.1M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$80.8M |
| 4 |
RFS
Rockefeller Financial Services
New York
|
+$55.7M |
| 5 |
Goldman Sachs
New York
|
+$48.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCI
Columbus Circle Investors
|
-$46.2M |
| 2 |
SI
Scharf Investments
Los Gatos,
California
|
-$45.7M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$45.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$45.2M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$43.4M |
TPR Hedge Fund Activity: Q3 2013 in Review
702 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Tapestry (TPR) for Q3 2013, worth a combined $13.1B — down 2.3% from $13.4B a quarter earlier.
Sellers outnumbered buyers: 92 funds closed out of TPR and 57 opened new positions — a net loss of 35 holders — while 273 trimmed existing stakes and 282 added.
The largest buyer was Dodge & Cox, adding an estimated $198M. The largest seller was Columbus Circle Investors, exiting entirely with an estimated $46.2M sold.
- 702 institutional investors held Tapestry (TPR) as of Q3 2013, down from 745 in Q2 2013.
- Funds reported $13.1B of Tapestry stock for Q3 2013, down 2.3% quarter-over-quarter.
- 57 funds opened new Tapestry positions in Q3 2013 and 92 closed out, a net change of -35 holders.
- The largest Tapestry buyer in Q3 2013 was Dodge & Cox, an estimated $198M added.
- The largest Tapestry seller in Q3 2013 was Columbus Circle Investors, an estimated $46.2M sold.
Based on aggregated 13F filings for Q3 2013.