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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
BlackRock
1
BlackRock
New York
$78M -$35.6M -976,208 -29%
Vanguard Group
2
Vanguard Group
Pennsylvania
$65.9M -$5.07M -138,919 -6%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$31M -$353K -9,679 -1%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$22.9M -$3.18M -87,242 -11%
Renaissance Technologies
5
Renaissance Technologies
New York
$16.8M +$2.82M +77,330 +18%
Invesco
6
Invesco
Georgia
$14.4M -$739K -20,233 -4%
State Street
7
State Street
Massachusetts
$12.9M -$10.9M -297,659 -43%
Millennium Management
8
Millennium Management
New York
$11.6M +$12.2M +335,022 +1,560%
Morgan Stanley
9
Morgan Stanley
New York
$9.12M +$2.56M +70,004 +33%
HWM
10
HFR Wealth Management
New York
$8.97M -$2.4M -65,727 -19%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$7.4M -$5.89M -161,433 -41%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$6.42M -$2.79M -76,358 -28%
Two Sigma Investments
13
Two Sigma Investments
New York
$4.44M +$4.32M +118,266 +632%
Goldman Sachs
14
Goldman Sachs
New York
$4.04M +$1.29M +35,383 +40%
CSS
15
Cubist Systematic Strategies
Connecticut
$4.03M +$4.38M +120,131 +2,861%
Citadel Advisors
16
Citadel Advisors
Florida
$3.98M +$1.28M +35,022 +40%
Principal Financial Group
17
Principal Financial Group
Iowa
$3.63M -$360K -9,861 -8%
UBS Group
18
UBS Group
Switzerland
$3.59M +$66.8K +1,830 +2%
GF
19
Gabelli Funds
New York
$3.58M -$18.3K -502 -0.5%
Charles Schwab
20
Charles Schwab
California
$3.43M -$1.46M -39,939 -27%
Bank of America
21
Bank of America
North Carolina
$3.24M +$554K +15,178 +18%
Northern Trust
22
Northern Trust
Illinois
$3.23M -$4.07M -111,484 -53%
Two Sigma Advisers
23
Two Sigma Advisers
New York
$3.11M +$3.03M +82,932 +638%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$2.94M +$2.68M +73,357 +421%
Verition Fund Management
25
Verition Fund Management
Connecticut
$2.88M +$2.71M +74,371 +518%

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.