Tapestry
573 hedge funds and large institutions have $11.6B invested in Tapestry in 2017 Q2 according to their latest regulatory filings, with 68 funds opening new positions, 164 increasing their positions, 238 reducing their positions, and 52 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 10 → 15 (+5)
31% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 52
13% more capital invested
Capital invested by funds: $10.3B → $11.6B (+$1.32B)
2% more funds holding
Funds holding: 562 → 573 (+11)
1.59% less ownership
Funds ownership: 89.1% → 87.51% (-1.6%)
15% less call options, than puts
Call options by funds: $89.7M | Put options by funds: $105M
31% less repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 238
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
+$85.5M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$65.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$61.8M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$43.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$40.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$101M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$100M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$84M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$72.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$59.4M |
TPR Hedge Fund Activity: Q2 2017 in Review
573 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Tapestry (TPR) for Q2 2017, worth a combined $11.6B — up 13% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new TPR positions and 52 closed out — a net gain of 16 holders — while 164 added to existing stakes and 238 trimmed.
The largest buyer was Scopus Asset Management, adding an estimated $85.5M. The largest seller was Citadel Advisors, cutting an estimated $101M.
- 573 institutional investors held Tapestry (TPR) as of Q2 2017, up from 562 in Q1 2017.
- Funds reported $11.6B of Tapestry stock for Q2 2017, up 13% quarter-over-quarter.
- 68 funds opened new Tapestry positions in Q2 2017 and 52 closed out, a net change of +16 holders.
- The largest Tapestry buyer in Q2 2017 was Scopus Asset Management, an estimated $85.5M added.
- The largest Tapestry seller in Q2 2017 was Citadel Advisors, an estimated $101M sold.
Based on aggregated 13F filings for Q2 2017.