Tejon Ranch
TRC
88 hedge funds and large institutions have $455M invested in Tejon Ranch in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 58 reducing their positions, and 9 closing their positions.
128% more call options, than puts
Call options by funds: $870K | Put options by funds: $382K
8% more capital invested
Capital invested by funds: $420M → $455M (+$35.1M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.15% less ownership
Funds ownership: 77.56% → 75.41% (-2.2%)
4% less funds holding
Funds holding: 92 → 88 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
57% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$2.3M |
| 2 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$1.19M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.06M |
| 4 |
WSCM
Wellington Shields Capital Management
New York
|
+$955K |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$831K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$6.7M |
| 2 |
TAM
Third Avenue Management
New York
|
-$6.04M |
| 3 |
TL
TowerView LLC
New York
|
-$2.52M |
| 4 |
SRC
Shufro Rose & Co
New York
|
-$879K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$573K |
TRC Hedge Fund Activity: Q3 2013 in Review
88 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Tejon Ranch (TRC) for Q3 2013, worth a combined $455M — up 8.4% from $420M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TRC and 5 opened new positions — a net loss of 4 holders — while 58 trimmed existing stakes and 25 added.
The largest buyer was Royce & Associates, adding an estimated $2.3M. The largest seller was London Company of Virginia, cutting an estimated $6.7M.
- 88 institutional investors held Tejon Ranch (TRC) as of Q3 2013, down from 92 in Q2 2013.
- Funds reported $455M of Tejon Ranch stock for Q3 2013, up 8.4% quarter-over-quarter.
- 5 funds opened new Tejon Ranch positions in Q3 2013 and 9 closed out, a net change of -4 holders.
- The largest Tejon Ranch buyer in Q3 2013 was Royce & Associates, an estimated $2.3M added.
- The largest Tejon Ranch seller in Q3 2013 was London Company of Virginia, an estimated $6.7M sold.
Based on aggregated 13F filings for Q3 2013.