Tootsie Roll Industries
173 hedge funds and large institutions have $512M invested in Tootsie Roll Industries in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 51 increasing their positions, 102 reducing their positions, and 14 closing their positions.
1.33% less ownership
Funds ownership: 48.87% → 47.54% (-1.3%)
5% less funds holding
Funds holding: 182 → 173 (-9)
6% less capital invested
Capital invested by funds: $546M → $512M (-$34.5M)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
50% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 102
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$68M |
| 2 |
ProShare Advisors
Bethesda,
Maryland
|
+$2.87M |
| 3 |
RA
Royce & Associates
New York
|
+$1.86M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$1.54M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$825K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hilton Capital Management
Garden City,
New York
|
-$10.1M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$4.45M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$2.46M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$2.38M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FNBT
176
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$114K | -3,870 | Closed |
|
|
AIM
177
Acrospire Investment Management
Chicago,
Illinois
| – | -$19K | -634 | Closed |
|
|
AAM
178
Advisors Asset Management
Monument,
Colorado
| – | -$15K | -497 | Closed |
|
|
NFG
179
Next Financial Group
Houston,
Texas
| – | -$11K | -364 | Closed |
|
|
MPWT
180
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$7.2K | -243 | Closed |
|
|
TCCM
181
Timber Creek Capital Management
Boston,
Massachusetts
| – | -$2.78K | -97 | -75% |
|
|
WTB
182
Washington Trust Bank
Spokane,
Washington
| – | -$1K | -44 | Closed |
|
183
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$402 | -14 | -50% |
|
TR Hedge Fund Activity: Q1 2017 in Review
173 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Tootsie Roll Industries (TR) for Q1 2017, worth a combined $512M — down 6.3% from $546M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TR and 12 opened new positions — a net loss of 2 holders — while 102 trimmed existing stakes and 51 added.
The largest buyer was BlackRock, adding an estimated $68M. The largest seller was Hilton Capital Management, exiting entirely with an estimated $10.1M sold.
- 173 institutional investors held Tootsie Roll Industries (TR) as of Q1 2017, down from 182 in Q4 2016.
- Funds reported $512M of Tootsie Roll Industries stock for Q1 2017, down 6.3% quarter-over-quarter.
- 12 funds opened new Tootsie Roll Industries positions in Q1 2017 and 14 closed out, a net change of -2 holders.
- The largest Tootsie Roll Industries buyer in Q1 2017 was BlackRock, an estimated $68M added.
- The largest Tootsie Roll Industries seller in Q1 2017 was Hilton Capital Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2017.