Tejon Ranch
TRC
84 hedge funds and large institutions have $432M invested in Tejon Ranch in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 31 reducing their positions, and 12 closing their positions.
0.35% more ownership
Funds ownership: 76.85% → 77.2% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 87 → 84 (-3)
13% less capital invested
Capital invested by funds: $494M → $432M (-$61.8M)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
39% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$7.22M |
| 2 |
RA
Royce & Associates
New York
|
+$2.72M |
| 3 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
+$2.54M |
| 4 |
SRC
Shufro Rose & Co
New York
|
+$2.08M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$803K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$4.1M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$3.1M |
| 3 |
TAM
Third Avenue Management
New York
|
-$1.88M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.48M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$559K |
TRC Hedge Fund Activity: Q3 2014 in Review
84 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Tejon Ranch (TRC) for Q3 2014, worth a combined $432M — down 13% from $494M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TRC and 10 opened new positions — a net loss of 2 holders — while 31 trimmed existing stakes and 19 added.
The largest buyer was Bank of New York Mellon, adding an estimated $7.22M. The largest seller was Norges Bank, cutting an estimated $4.1M.
- 84 institutional investors held Tejon Ranch (TRC) as of Q3 2014, down from 87 in Q2 2014.
- Funds reported $432M of Tejon Ranch stock for Q3 2014, down 13% quarter-over-quarter.
- 10 funds opened new Tejon Ranch positions in Q3 2014 and 12 closed out, a net change of -2 holders.
- The largest Tejon Ranch buyer in Q3 2014 was Bank of New York Mellon, an estimated $7.22M added.
- The largest Tejon Ranch seller in Q3 2014 was Norges Bank, an estimated $4.1M sold.
Based on aggregated 13F filings for Q3 2014.