Tootsie Roll Industries
156 hedge funds and large institutions have $313M invested in Tootsie Roll Industries in 2023 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 59 reducing their positions, and 35 closing their positions.
7% more call options, than puts
Call options by funds: $202K | Put options by funds: $188K
1.79% less ownership
Funds ownership: 30.06% → 28.27% (-1.8%)
12% less funds holding
Funds holding: 177 → 156 (-21)
21% less capital invested
Capital invested by funds: $398M → $313M (-$85.6M)
29% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 59
60% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 35
Top Buyers
| 1 |
Millennium Management
New York
|
+$4.17M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$3.53M |
| 3 |
Renaissance Technologies
New York
|
+$1.63M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$1.14M |
| 5 |
Two Sigma Advisers
New York
|
+$743K |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$6.83M |
| 2 |
BlackRock
New York
|
-$5.32M |
| 3 |
Morgan Stanley
New York
|
-$4.45M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.97M |
| 5 |
Goldman Sachs
New York
|
-$1.87M |
TR Hedge Fund Activity: Q3 2023 in Review
156 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Tootsie Roll Industries (TR) for Q3 2023, worth a combined $313M — down 21% from $398M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of TR and 14 opened new positions — a net loss of 21 holders — while 59 trimmed existing stakes and 42 added.
The largest buyer was Millennium Management, adding an estimated $4.17M. The largest seller was Invesco, cutting an estimated $6.83M.
- 156 institutional investors held Tootsie Roll Industries (TR) as of Q3 2023, down from 177 in Q2 2023.
- Funds reported $313M of Tootsie Roll Industries stock for Q3 2023, down 21% quarter-over-quarter.
- 14 funds opened new Tootsie Roll Industries positions in Q3 2023 and 35 closed out, a net change of -21 holders.
- The largest Tootsie Roll Industries buyer in Q3 2023 was Millennium Management, an estimated $4.17M added.
- The largest Tootsie Roll Industries seller in Q3 2023 was Invesco, an estimated $6.83M sold.
Based on aggregated 13F filings for Q3 2023.