Tootsie Roll Industries
140 hedge funds and large institutions have $412M invested in Tootsie Roll Industries in 2014 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 41 increasing their positions, 74 reducing their positions, and 12 closing their positions.
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
1% more funds holding
Funds holding: 138 → 140 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.78% less ownership
Funds ownership: 54.82% → 52.05% (-2.8%)
9% less capital invested
Capital invested by funds: $453M → $412M (-$40.3M)
45% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 74
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.02M |
| 2 |
GAM
Gotham Asset Management
New York
|
+$1.12M |
| 3 |
Renaissance Technologies
New York
|
+$1.02M |
| 4 |
Goldman Sachs
New York
|
+$1.01M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
+$481K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$6.29M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$4.35M |
| 3 |
TCP
TAMRO Capital Partners
Alexandria,
Virginia
|
-$3.01M |
| 4 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$2.05M |
| 5 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$1.79M |
TR Hedge Fund Activity: Q1 2014 in Review
140 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Tootsie Roll Industries (TR) for Q1 2014, worth a combined $412M — down 8.9% from $453M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TR positions and 12 closed out — a net gain of 2 holders — while 41 added to existing stakes and 74 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $4.02M. The largest seller was Invesco, cutting an estimated $6.29M.
- 140 institutional investors held Tootsie Roll Industries (TR) as of Q1 2014, up from 138 in Q4 2013.
- Funds reported $412M of Tootsie Roll Industries stock for Q1 2014, down 8.9% quarter-over-quarter.
- 14 funds opened new Tootsie Roll Industries positions in Q1 2014 and 12 closed out, a net change of +2 holders.
- The largest Tootsie Roll Industries buyer in Q1 2014 was Arrowstreet Capital, an estimated $4.02M added.
- The largest Tootsie Roll Industries seller in Q1 2014 was Invesco, an estimated $6.29M sold.
Based on aggregated 13F filings for Q1 2014.