Tejon Ranch
TRC
77 hedge funds and large institutions have $340M invested in Tejon Ranch in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 8 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 23
0.81% more ownership
Funds ownership: 76.91% → 77.72% (+0.81%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 80 → 77 (-3)
14% less capital invested
Capital invested by funds: $396M → $340M (-$56.4M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.73M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.4M |
| 3 |
TL
TowerView LLC
New York
|
+$1.55M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$396K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$384K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$1.64M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$764K |
| 3 |
TAM
Third Avenue Management
New York
|
-$731K |
| 4 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$393K |
| 5 |
Bank of New York Mellon
New York
|
-$337K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $208 | +$1.62K | +69 | +0.7% |
|
|
NIC
77
Northwest Investment Counselors
Lake Oswego,
Oregon
| – | -$314K | -12,586 | Closed |
|
|
SW
78
SVB Wealth
Boston,
Massachusetts
| – | -$225K | -9,026 | Closed |
|
79
Invesco
Atlanta,
Georgia
| – | -$217K | -8,698 | Closed |
|
|
RC
80
Roundview Capital
Princeton,
New Jersey
| – | -$217K | -8,677 | Closed |
|
81
VOYA Investment Management
Atlanta,
Georgia
| – | -$213K | -8,539 | Closed |
|
82
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$202K | -8,106 | Closed |
|
|
HCM
83
Hodges Capital Management
Dallas,
Texas
| – | -$202K | -8,086 | Closed |
|
84
Truist Financial
Charlotte,
North Carolina
| – | -$19K | -747 | Closed |
|
|
WT
85
Whittier Trust
South Pasadena,
California
| – | +$493 | +21 | New |
|
TRC Hedge Fund Activity: Q3 2015 in Review
77 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Tejon Ranch (TRC) for Q3 2015, worth a combined $340M — down 14% from $396M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TRC and 6 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 29 added.
The largest buyer was Fidelity Investments, adding an estimated $5.73M. The largest seller was GAMCO Investors, cutting an estimated $1.64M.
- 77 institutional investors held Tejon Ranch (TRC) as of Q3 2015, down from 80 in Q2 2015.
- Funds reported $340M of Tejon Ranch stock for Q3 2015, down 14% quarter-over-quarter.
- 6 funds opened new Tejon Ranch positions in Q3 2015 and 8 closed out, a net change of -2 holders.
- The largest Tejon Ranch buyer in Q3 2015 was Fidelity Investments, an estimated $5.73M added.
- The largest Tejon Ranch seller in Q3 2015 was GAMCO Investors, an estimated $1.64M sold.
Based on aggregated 13F filings for Q3 2015.