Tejon Ranch
TRC
94 hedge funds and large institutions have $407M invested in Tejon Ranch in 2017 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 55 increasing their positions, 22 reducing their positions, and 10 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 22
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
22% more capital invested
Capital invested by funds: $334M → $407M (+$73.5M)
7% more funds holding
Funds holding: 88 → 94 (+6)
2.26% less ownership
Funds ownership: 78.09% → 75.83% (-2.3%)
Top Buyers
| 1 |
TL
TowerView LLC
New York
|
+$16.4M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
+$7.84M |
| 3 |
TAM
Third Avenue Management
New York
|
+$7.75M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.86M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.42M |
Top Sellers
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$3.29M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.57M |
| 3 |
AGM
Alpine Global Management
New York
|
-$1.48M |
| 4 |
D.E. Shaw & Co
New York
|
-$497K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$267K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIM
101
Contravisory Investment Management
Norwell,
Massachusetts
| – | -$1K | -27 | Closed |
|
102
Bank of Montreal
Toronto,
Ontario, Canada
| – | +$41 | +2 | +14% |
|
|
WT
103
Whittier Trust
South Pasadena,
California
| – | +$41 | +2 | +11% |
|
TRC Hedge Fund Activity: Q4 2017 in Review
94 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Tejon Ranch (TRC) for Q4 2017, worth a combined $407M — up 22% from $334M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TRC positions and 10 closed out — a net gain of 6 holders — while 55 added to existing stakes and 22 trimmed.
The largest buyer was TowerView LLC, adding an estimated $16.4M. The largest seller was London Company of Virginia, cutting an estimated $3.29M.
- 94 institutional investors held Tejon Ranch (TRC) as of Q4 2017, up from 88 in Q3 2017.
- Funds reported $407M of Tejon Ranch stock for Q4 2017, up 22% quarter-over-quarter.
- 16 funds opened new Tejon Ranch positions in Q4 2017 and 10 closed out, a net change of +6 holders.
- The largest Tejon Ranch buyer in Q4 2017 was TowerView LLC, an estimated $16.4M added.
- The largest Tejon Ranch seller in Q4 2017 was London Company of Virginia, an estimated $3.29M sold.
Based on aggregated 13F filings for Q4 2017.