Tapestry
516 hedge funds and large institutions have $6.56B invested in Tapestry in 2019 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 190 increasing their positions, 187 reducing their positions, and 117 closing their positions.
49% more call options, than puts
Call options by funds: $156M | Put options by funds: $105M
2% more repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 187
1.08% less ownership
Funds ownership: 88.81% → 87.73% (-1.1%)
11% less funds holding
Funds holding: 579 → 516 (-63)
20% less capital invested
Capital invested by funds: $8.18B → $6.56B (-$1.62B)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
50% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 117
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$150M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$63.4M |
| 3 |
Lazard Asset Management
New York
|
+$45.3M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$43.4M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$36.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$111M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$98.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$82.8M |
| 4 |
Millennium Management
New York
|
-$52.4M |
| 5 |
Two Sigma Investments
New York
|
-$42.2M |
TPR Hedge Fund Activity: Q3 2019 in Review
516 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Tapestry (TPR) for Q3 2019, worth a combined $6.56B — down 20% from $8.18B a quarter earlier.
Sellers outnumbered buyers: 117 funds closed out of TPR and 59 opened new positions — a net loss of 58 holders — while 187 trimmed existing stakes and 190 added.
The largest buyer was Bank of New York Mellon, adding an estimated $150M. The largest seller was Prudential Financial, cutting an estimated $111M.
- 516 institutional investors held Tapestry (TPR) as of Q3 2019, down from 579 in Q2 2019.
- Funds reported $6.56B of Tapestry stock for Q3 2019, down 20% quarter-over-quarter.
- 59 funds opened new Tapestry positions in Q3 2019 and 117 closed out, a net change of -58 holders.
- The largest Tapestry buyer in Q3 2019 was Bank of New York Mellon, an estimated $150M added.
- The largest Tapestry seller in Q3 2019 was Prudential Financial, an estimated $111M sold.
Based on aggregated 13F filings for Q3 2019.