Tootsie Roll Industries
165 hedge funds and large institutions have $344M invested in Tootsie Roll Industries in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 47 increasing their positions, 56 reducing their positions, and 18 closing their positions.
492% more call options, than puts
Call options by funds: $468K | Put options by funds: $79K
61% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 18
10% more capital invested
Capital invested by funds: $313M → $344M (+$30.9M)
6% more funds holding
Funds holding: 156 → 165 (+9)
0.17% less ownership
Funds ownership: 28.27% → 28.1% (-0.17%)
16% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$3.34M |
| 2 |
Morgan Stanley
New York
|
+$3.18M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$3M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.84M |
| 5 |
State Street
Boston,
Massachusetts
|
+$796K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$5.78M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$1.82M |
| 3 |
Renaissance Technologies
New York
|
-$1.77M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.26M |
| 5 |
Two Sigma Investments
New York
|
-$1.2M |
TR Hedge Fund Activity: Q4 2023 in Review
165 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Tootsie Roll Industries (TR) for Q4 2023, worth a combined $344M — up 9.9% from $313M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TR positions and 18 closed out — a net gain of 11 holders — while 47 added to existing stakes and 56 trimmed.
The largest buyer was Heartland Advisors, opening a new position worth an estimated $3.34M. The largest seller was Millennium Management, cutting an estimated $5.78M.
- 165 institutional investors held Tootsie Roll Industries (TR) as of Q4 2023, up from 156 in Q3 2023.
- Funds reported $344M of Tootsie Roll Industries stock for Q4 2023, up 9.9% quarter-over-quarter.
- 29 funds opened new Tootsie Roll Industries positions in Q4 2023 and 18 closed out, a net change of +11 holders.
- The largest Tootsie Roll Industries buyer in Q4 2023 was Heartland Advisors, an estimated $3.34M added.
- The largest Tootsie Roll Industries seller in Q4 2023 was Millennium Management, an estimated $5.78M sold.
Based on aggregated 13F filings for Q4 2023.