Tootsie Roll Industries
176 hedge funds and large institutions have $398M invested in Tootsie Roll Industries in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 54 increasing their positions, 69 reducing their positions, and 43 closing their positions.
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%)
8% less funds holding
Funds holding: 191 → 176 (-15)
22% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 69
29% less capital invested
Capital invested by funds: $565M → $398M (-$166M)
35% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 43
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$12.2M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$4.38M |
| 3 |
Two Sigma Investments
New York
|
+$4.32M |
| 4 |
Two Sigma Advisers
New York
|
+$3.03M |
| 5 |
Renaissance Technologies
New York
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$35.6M |
| 2 |
State Street
Boston,
Massachusetts
|
-$10.9M |
| 3 |
ProShare Advisors
Bethesda,
Maryland
|
-$10.1M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$8.28M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$5.89M |
TR Hedge Fund Activity: Q2 2023 in Review
176 of the 6,383 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 $565M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of TR and 28 opened new positions — a net loss of 15 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.
- 176 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.
- 28 funds opened new Tootsie Roll Industries positions in Q2 2023 and 43 closed out, a net change of -15 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.