Tejon Ranch
TRC
91 hedge funds and large institutions have $546M invested in Tejon Ranch in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 38 reducing their positions, and 6 closing their positions.
351% more call options, than puts
Call options by funds: $1.08M | Put options by funds: $239K
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
20% more capital invested
Capital invested by funds: $455M → $546M (+$91.3M)
3% more funds holding
Funds holding: 88 → 91 (+3)
0.57% more ownership
Funds ownership: 75.41% → 75.98% (+0.57%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
39% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$7M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$5.18M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.16M |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$398K |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$5.24M |
| 2 |
TAM
Third Avenue Management
New York
|
-$1.43M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$892K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$654K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$566K |
TRC Hedge Fund Activity: Q4 2013 in Review
91 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Tejon Ranch (TRC) for Q4 2013, worth a combined $546M — up 20% from $455M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TRC positions and 6 closed out — a net gain of 4 holders — while 23 added to existing stakes and 38 trimmed.
The largest buyer was Royce & Associates, adding an estimated $7M. The largest seller was London Company of Virginia, cutting an estimated $5.24M.
- 91 institutional investors held Tejon Ranch (TRC) as of Q4 2013, up from 88 in Q3 2013.
- Funds reported $546M of Tejon Ranch stock for Q4 2013, up 20% quarter-over-quarter.
- 10 funds opened new Tejon Ranch positions in Q4 2013 and 6 closed out, a net change of +4 holders.
- The largest Tejon Ranch buyer in Q4 2013 was Royce & Associates, an estimated $7M added.
- The largest Tejon Ranch seller in Q4 2013 was London Company of Virginia, an estimated $5.24M sold.
Based on aggregated 13F filings for Q4 2013.