Tejon Ranch
TRC
83 hedge funds and large institutions have $398M invested in Tejon Ranch in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 33 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
7% more capital invested
Capital invested by funds: $372M → $398M (+$26.2M)
2% more funds holding
Funds holding: 81 → 83 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.58% less ownership
Funds ownership: 78.12% → 77.54% (-0.58%)
30% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$1.89M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.74M |
| 3 |
Morgan Stanley
New York
|
+$963K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$650K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$594K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$4.05M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$2.39M |
| 3 |
TAM
Third Avenue Management
New York
|
-$2.13M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$482K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$411K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Barclays
London,
United Kingdom
| $7K | -$3.11K | -128 | -30% |
|
|
AG
77
Advisor Group
Phoenix,
Arizona
| $6K | – | – | – |
|
|
CIA
78
Cascade Investment Advisors
Oregon City,
Oregon
| $3.81K | +$3.77K | +155 | New |
|
|
LTFS
79
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | +$2.65K | +109 | New |
|
|
MFS
80
MSI Financial Services
Springfield,
Massachusetts
| $2K | – | – | – |
|
81
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2K | +$2.26K | +93 | New |
|
82
M&T Bank
Buffalo,
New York
| – | -$250K | -10,578 | Closed |
|
83
Envestnet Asset Management
Chicago,
Illinois
| – | -$54K | -2,280 | Closed |
|
|
CG
84
Cutler Group
San Francisco,
California
| – | -$3.57K | -147 | Closed |
|
TRC Hedge Fund Activity: Q4 2016 in Review
83 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Tejon Ranch (TRC) for Q4 2016, worth a combined $398M — up 7% from $372M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TRC positions and 3 closed out — a net gain of 2 holders — while 23 added to existing stakes and 33 trimmed.
The largest buyer was Norges Bank, adding an estimated $1.89M. The largest seller was Royce & Associates, cutting an estimated $4.05M.
- 83 institutional investors held Tejon Ranch (TRC) as of Q4 2016, up from 81 in Q3 2016.
- Funds reported $398M of Tejon Ranch stock for Q4 2016, up 7% quarter-over-quarter.
- 5 funds opened new Tejon Ranch positions in Q4 2016 and 3 closed out, a net change of +2 holders.
- The largest Tejon Ranch buyer in Q4 2016 was Norges Bank, an estimated $1.89M added.
- The largest Tejon Ranch seller in Q4 2016 was Royce & Associates, an estimated $4.05M sold.
Based on aggregated 13F filings for Q4 2016.