Tejon Ranch
TRC
99 hedge funds and large institutions have $297M invested in Tejon Ranch in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 31 increasing their positions, 35 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
8% more capital invested
Capital invested by funds: $275M → $297M (+$22.8M)
6.02% more ownership
Funds ownership: 55.09% → 61.11% (+6%)
1% more funds holding
Funds holding: 98 → 99 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
11% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 35
16% less call options, than puts
Call options by funds: $46K | Put options by funds: $55K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$2.78M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$572K |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$380K |
| 4 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
+$370K |
| 5 |
Two Sigma Investments
New York
|
+$360K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.02M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$985K |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$565K |
| 4 |
AI
Acuitas Investments
Seattle,
Washington
|
-$410K |
| 5 |
Millennium Management
New York
|
-$251K |
TRC Hedge Fund Activity: Q1 2023 in Review
99 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Tejon Ranch (TRC) for Q1 2023, worth a combined $297M — up 8.3% from $275M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TRC positions and 3 closed out — a net gain of 2 holders — while 31 added to existing stakes and 35 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $2.78M. The largest seller was BlackRock, cutting an estimated $1.02M.
- 99 institutional investors held Tejon Ranch (TRC) as of Q1 2023, up from 98 in Q4 2022.
- Funds reported $297M of Tejon Ranch stock for Q1 2023, up 8.3% quarter-over-quarter.
- 5 funds opened new Tejon Ranch positions in Q1 2023 and 3 closed out, a net change of +2 holders.
- The largest Tejon Ranch buyer in Q1 2023 was Horizon Kinetics Asset Management, an estimated $2.78M added.
- The largest Tejon Ranch seller in Q1 2023 was BlackRock, an estimated $1.02M sold.
Based on aggregated 13F filings for Q1 2023.