Tejon Ranch
TRC
106 hedge funds and large institutions have $318M invested in Tejon Ranch in 2021 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
9% more capital invested
Capital invested by funds: $293M → $318M (+$25.5M)
5% more funds holding
Funds holding: 101 → 106 (+5)
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
0.74% more ownership
Funds ownership: 62.56% → 63.3% (+0.74%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$6.22M |
| 2 |
MRI
Mad River Investors
Boston,
Massachusetts
|
+$4.98M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.13M |
| 4 |
SMP
Santa Monica Partners
Palm Beach Gardens,
Florida
|
+$719K |
| 5 |
BlackRock
New York
|
+$377K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$4.99M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.32M |
| 3 |
Millennium Management
New York
|
-$789K |
| 4 |
Two Sigma Advisers
New York
|
-$640K |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$570K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
101
First Horizon Advisors
Memphis,
Tennessee
| $1K | – | – | – |
|
|
IA
102
IFP Advisors
Tampa,
Florida
| $1K | – | – | – |
|
103
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $230 | -$1.59K | -84 | -0.7% |
|
|
104
Millennium Management
New York
| – | -$789K | -44,453 | Closed |
|
105
Two Sigma Investments
New York
| – | -$315K | -17,755 | Closed |
|
106
Victory Capital Management
San Antonio,
Texas
| – | -$235K | -13,225 | Closed |
|
107
Simplex Trading
Chicago,
Illinois
| – | -$54K | -3,546 | Closed |
|
|
LC
108
Lindbrook Capital
Calabasas,
California
| – | -$530 | -28 | -68% |
|
|
WIM
109
Westside Investment Management
Santa Monica,
California
| – | +$95 | +5 | New |
|
TRC Hedge Fund Activity: Q4 2021 in Review
106 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Tejon Ranch (TRC) for Q4 2021, worth a combined $318M — up 8.7% from $293M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TRC positions and 4 closed out — a net gain of 5 holders — while 34 added to existing stakes and 33 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $6.22M. The largest seller was Royce & Associates, cutting an estimated $4.99M.
- 106 institutional investors held Tejon Ranch (TRC) as of Q4 2021, up from 101 in Q3 2021.
- Funds reported $318M of Tejon Ranch stock for Q4 2021, up 8.7% quarter-over-quarter.
- 9 funds opened new Tejon Ranch positions in Q4 2021 and 4 closed out, a net change of +5 holders.
- The largest Tejon Ranch buyer in Q4 2021 was Horizon Kinetics Asset Management, an estimated $6.22M added.
- The largest Tejon Ranch seller in Q4 2021 was Royce & Associates, an estimated $4.99M sold.
Based on aggregated 13F filings for Q4 2021.