Tapestry
582 hedge funds and large institutions have $8.39B invested in Tapestry in 2016 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 192 increasing their positions, 216 reducing their positions, and 61 closing their positions.
44% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 61
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3% more funds holding
Funds holding: 566 → 582 (+16)
4% less capital invested
Capital invested by funds: $8.78B → $8.39B (-$395M)
4.71% less ownership
Funds ownership: 90.16% → 85.45% (-4.7%)
11% less repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 216
22% less call options, than puts
Call options by funds: $92.5M | Put options by funds: $119M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$113M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$54.9M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$44.9M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$34.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$464M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$112M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$98.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$41.6M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
-$30.9M |
TPR Hedge Fund Activity: Q4 2016 in Review
582 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Tapestry (TPR) for Q4 2016, worth a combined $8.39B — down 4.5% from $8.78B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new TPR positions and 61 closed out — a net gain of 27 holders — while 192 added to existing stakes and 216 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $113M. The largest seller was American International Group, cutting an estimated $464M.
- 582 institutional investors held Tapestry (TPR) as of Q4 2016, up from 566 in Q3 2016.
- Funds reported $8.39B of Tapestry stock for Q4 2016, down 4.5% quarter-over-quarter.
- 88 funds opened new Tapestry positions in Q4 2016 and 61 closed out, a net change of +27 holders.
- The largest Tapestry buyer in Q4 2016 was T. Rowe Price Associates, an estimated $113M added.
- The largest Tapestry seller in Q4 2016 was American International Group, an estimated $464M sold.
Based on aggregated 13F filings for Q4 2016.