Tejon Ranch
TRC
80 hedge funds and large institutions have $297M invested in Tejon Ranch in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 25 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
4% more funds holding
Funds holding: 77 → 80 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.5% less ownership
Funds ownership: 77.72% → 77.23% (-0.5%)
4% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 25
13% less capital invested
Capital invested by funds: $340M → $297M (-$43.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TL
TowerView LLC
New York
|
+$1.36M |
| 2 |
Neuberger Berman Group
New York
|
+$748K |
| 3 |
LCS
Levin Capital Strategies
New York
|
+$638K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$553K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$444K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$4.02M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$960K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$712K |
| 4 |
TAM
Third Avenue Management
New York
|
-$624K |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$255K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFBTD
76
MB Financial Bank - Trust Department
Rosemont,
Illinois
| $1K | – | – | – |
|
|
QI
77
QS Investors
New York
| $1K | +$398 | +19 | New |
|
78
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $191 | +$9.29K | +443 | +5% |
|
|
RFC
79
Russell Frank Company
Seattle,
Washington
| – | -$255K | -12,020 | Closed |
|
|
LDB
80
Lee, Danner & Bass
Nashville,
Tennessee
| – | -$240K | -11,330 | Closed |
|
|
EEG
81
E.E. Geduld
| – | -$218K | -10,300 | Closed |
|
|
CL
82
CSS LLC
Chicago,
Illinois
| – | -$46K | -2,163 | Closed |
|
83
Creative Planning
Overland Park,
Kansas
| – | -$22K | -1,030 | Closed |
|
84
Barclays
London,
United Kingdom
| – | -$10K | -486 | Closed |
|
85
Bank of Montreal
Toronto,
Ontario, Canada
| – | +$294 | +14 | New |
|
TRC Hedge Fund Activity: Q4 2015 in Review
80 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Tejon Ranch (TRC) for Q4 2015, worth a combined $297M — down 13% from $340M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TRC positions and 6 closed out — a net gain of 3 holders — while 24 added to existing stakes and 25 trimmed.
The largest buyer was TowerView LLC, adding an estimated $1.36M. The largest seller was London Company of Virginia, cutting an estimated $4.02M.
- 80 institutional investors held Tejon Ranch (TRC) as of Q4 2015, up from 77 in Q3 2015.
- Funds reported $297M of Tejon Ranch stock for Q4 2015, down 13% quarter-over-quarter.
- 9 funds opened new Tejon Ranch positions in Q4 2015 and 6 closed out, a net change of +3 holders.
- The largest Tejon Ranch buyer in Q4 2015 was TowerView LLC, an estimated $1.36M added.
- The largest Tejon Ranch seller in Q4 2015 was London Company of Virginia, an estimated $4.02M sold.
Based on aggregated 13F filings for Q4 2015.