Tapestry
TPR
626 hedge funds and large institutions have $13.1B invested in Tapestry in 2018 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 190 increasing their positions, 235 reducing their positions, and 51 closing their positions.
51% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 51
7% more capital invested
Capital invested by funds: $12.3B → $13.1B (+$836M)
3% more funds holding
Funds holding: 606 → 626 (+20)
0.75% less ownership
Funds ownership: 91.56% → 90.81% (-0.75%)
12% less call options, than puts
Call options by funds: $130M | Put options by funds: $148M
19% less repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 235
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$71.8M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
+$69.7M |
| 3 |
Millennium Management
New York
|
+$66M |
| 4 |
Two Sigma Advisers
New York
|
+$58.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$255M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$106M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$79.9M |
| 4 |
Renaissance Technologies
New York
|
-$48.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$47.4M |
TPR Hedge Fund Activity: Q3 2018 in Review
626 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Tapestry (TPR) for Q3 2018, worth a combined $13.1B — up 6.8% from $12.3B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new TPR positions and 51 closed out — a net gain of 26 holders — while 190 added to existing stakes and 235 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $71.8M. The largest seller was Ameriprise, cutting an estimated $255M.
- 626 institutional investors held Tapestry (TPR) as of Q3 2018, up from 606 in Q2 2018.
- Funds reported $13.1B of Tapestry stock for Q3 2018, up 6.8% quarter-over-quarter.
- 77 funds opened new Tapestry positions in Q3 2018 and 51 closed out, a net change of +26 holders.
- The largest Tapestry buyer in Q3 2018 was Two Sigma Investments, an estimated $71.8M added.
- The largest Tapestry seller in Q3 2018 was Ameriprise, an estimated $255M sold.
Based on aggregated 13F filings for Q3 2018.