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Tootsie Roll Industries

177 hedge funds and large institutions have $398M invested in Tootsie Roll Industries in 2023 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 54 increasing their positions, 69 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more call options, than puts

Call options by funds: $531K | Put options by funds: $304K

3.01% less ownership

Funds ownership: 33.07%30.06% (-3%)

7% less funds holding

Funds holding: 191177 (-14)

22% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 69

29% less capital invested

Capital invested by funds: $564M → $398M (-$166M)

33% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 43

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
177
Holders Change
-14
Holders Change %
-7.33%
% of All Funds
2.78%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
29
Increased
54
Reduced
69
Closed
43
Calls
$531K
Puts
$304K
Net Calls
+$227K
Net Calls Change
-$804K
Name Holding Trade Value Shares
Change
Change in
Stake
GI
26
GAMCO Investors
Connecticut
$2.74M
Tudor Investment Corp
27
Tudor Investment Corp
Connecticut
$2.59M +$736K +20,156 +34%
First Trust Advisors
28
First Trust Advisors
Illinois
$2.56M -$551K -15,103 -16%
Qube Research & Technologies (QRT)
29
Qube Research & Technologies (QRT)
United Kingdom
$2.5M +$2.81M +77,022 New
Ameriprise
30
Ameriprise
Minnesota
$2.4M -$209K -5,729 -7%
BA
31
Bridgewater Associates
Connecticut
$1.87M +$1.01M +27,715 +92%
Legal & General Group
32
Legal & General Group
United Kingdom
$1.76M +$216K +5,929 +12%
E
33
Ergoteles
New York
$1.72M +$1.94M +53,040 New
HighTower Advisors
34
HighTower Advisors
Illinois
$1.44M +$71.3K +1,953 +5%
Baird Financial Group
35
Baird Financial Group
Wisconsin
$1.34M -$331K -9,064 -18%
Swiss National Bank
36
Swiss National Bank
Switzerland
$1.27M
MHIC
37
Marble Harbor Investment Counsel
Massachusetts
$1.23M +$39.9K +1,093 +3%
D.E. Shaw & Co
38
D.E. Shaw & Co
New York
$1.16M -$3.76K -103 -0.3%
Public Sector Pension Investment Board (PSP Investments)
39
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.13M -$7.88K -216 -0.6%
ETC
40
Exchange Traded Concepts
Oklahoma
$1.11M -$18.2K -499 -1%
Point72 Asset Management
41
Point72 Asset Management
Connecticut
$1.05M +$444K +12,153 +60%
RhumbLine Advisers
42
RhumbLine Advisers
Massachusetts
$1.04M -$928K -25,419 -44%
Jane Street
43
Jane Street
New York
$1.03M +$793K +21,719 +213%
HF
44
HRT Financial
New York
$1.02M +$1.15M +31,404 New
Balyasny Asset Management
45
Balyasny Asset Management
Illinois
$1.01M +$1.13M +31,075 New
MFS
46
Mirabella Financial Services
United Kingdom
$990K +$1.12M +30,560 New
UBS AM
47
UBS AM
Illinois
$987K
OQS
48
Occudo Quantitative Strategies
Florida
$970K +$503K +13,777 +85%
State Board of Administration of Florida Retirement System
49
State Board of Administration of Florida Retirement System
Florida
$951K +$73.7K +2,019 +7%
Norges Bank
50
Norges Bank
Norway
$950K +$1.07M +29,311 New

TR Hedge Fund Activity: Q2 2023 in Review

177 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Tootsie Roll Industries (TR) for Q2 2023, worth a combined $398M — down 29% from $564M a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of TR and 29 opened new positions — a net loss of 14 holders — while 69 trimmed existing stakes and 54 added.

The largest buyer was Millennium Management, adding an estimated $12.2M. The largest seller was BlackRock, cutting an estimated $35.6M.

  • 177 institutional investors held Tootsie Roll Industries (TR) as of Q2 2023, down from 191 in Q1 2023.
  • Funds reported $398M of Tootsie Roll Industries stock for Q2 2023, down 29% quarter-over-quarter.
  • 29 funds opened new Tootsie Roll Industries positions in Q2 2023 and 43 closed out, a net change of -14 holders.
  • The largest Tootsie Roll Industries buyer in Q2 2023 was Millennium Management, an estimated $12.2M added.
  • The largest Tootsie Roll Industries seller in Q2 2023 was BlackRock, an estimated $35.6M sold.

Based on aggregated 13F filings for Q2 2023.