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Trupanion

80 hedge funds and large institutions have $233M invested in Trupanion in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more capital invested

Capital invested by funds: $170M → $233M (+$63.7M)

33% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 21

30% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 10

4% more funds holding

Funds holding: 7780 (+3)

3.7% more ownership

Funds ownership: 44.57%48.27% (+3.7%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

64% less call options, than puts

Call options by funds: $484K | Put options by funds: $1.36M

Holders
80
Holders Change
+3
Holders Change %
+3.9%
% of All Funds
2.13%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
13
Increased
28
Reduced
21
Closed
10
Calls
$484K
Puts
$1.36M
Net Calls
-$875K
Net Calls Change
-$207K
Name Holding Trade Value Shares
Change
Change in
Stake
USAA
26
United Services Automobile Association
Texas
$1.45M +$1.31M +85,900 New
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$1.33M +$223K +14,550 +23%
Two Sigma Advisers
28
Two Sigma Advisers
New York
$1.24M +$295K +19,300 +36%
CCMU
29
Cheyne Capital Management (UK)
United Kingdom
$1.01M +$918K +60,000 New
BIM
30
BlackRock Investment Management
Delaware
$1M -$6.14K -401 -0.7%
Citadel Advisors
31
Citadel Advisors
Florida
$932K -$1.1M -71,873 -57%
EA
32
Emerald Acquisition
Washington
$887K +$193K +12,582 +31%
RG
33
Rathbones Group
United Kingdom
$845K +$765K +50,000 New
HLA
34
Hamilton Lane Advisors
Pennsylvania
$793K -$959K -62,661 -57%
California Public Employees Retirement System
35
California Public Employees Retirement System
California
$762K
Bank of New York Mellon
36
Bank of New York Mellon
New York
$755K -$34.4K -2,249 -5%
BCM
37
Bridgeway Capital Management
Texas
$749K -$527K -34,400 -44%
MIM
38
Monashee Investment Management
Massachusetts
$727K
PPA
39
Parametric Portfolio Associates
Washington
$638K +$55.6K +3,635 +11%
TA
40
Teachers Advisors
New York
$547K +$31.7K +2,070 +7%
California State Teachers Retirement System (CalSTRS)
41
California State Teachers Retirement System (CalSTRS)
California
$513K +$3.06K +200 +0.7%
Ohio Public Employees Retirement System (OPERS)
42
Ohio Public Employees Retirement System (OPERS)
Ohio
$487K
RVPG
43
Relative Value Partners Group
$410K
AQR Capital Management
44
AQR Capital Management
Connecticut
$375K +$171K +11,192 +102%
Charles Schwab
45
Charles Schwab
California
$371K
SPM
46
Symmetry Peak Management
Pennsylvania
$338K +$306K +20,000 New
RA
47
Royce & Associates
New York
$304K -$184K -12,000 -40%
AllianceBernstein
48
AllianceBernstein
Tennessee
$279K +$58.2K +3,800 +30%
SIM
49
Spark Investment Management
New York
$270K -$419K -27,400 -63%
Susquehanna International Group
50
Susquehanna International Group
Pennsylvania
$270K +$70.2K +4,588 +40%

TRUP Hedge Fund Activity: Q3 2016 in Review

80 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Trupanion (TRUP) for Q3 2016, worth a combined $233M — up 38% from $170M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new TRUP positions and 10 closed out — a net gain of 3 holders — while 28 added to existing stakes and 21 trimmed.

The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $5.64M. The largest seller was Citadel Advisors, cutting an estimated $1.1M.

  • 80 institutional investors held Trupanion (TRUP) as of Q3 2016, up from 77 in Q2 2016.
  • Funds reported $233M of Trupanion stock for Q3 2016, up 38% quarter-over-quarter.
  • 13 funds opened new Trupanion positions in Q3 2016 and 10 closed out, a net change of +3 holders.
  • The largest Trupanion buyer in Q3 2016 was Baillie Gifford & Co, an estimated $5.64M added.
  • The largest Trupanion seller in Q3 2016 was Citadel Advisors, an estimated $1.1M sold.

Based on aggregated 13F filings for Q3 2016.