Trupanion
TRUP
77 hedge funds and large institutions have $170M invested in Trupanion in 2016 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 22 increasing their positions, 22 reducing their positions, and 4 closing their positions.
475% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
62% more capital invested
Capital invested by funds: $105M → $170M (+$64.6M)
28% more funds holding
Funds holding: 60 → 77 (+17)
6.55% more ownership
Funds ownership: 38.02% → 44.57% (+6.6%)
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $668K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Immersion Capital
London,
United Kingdom
|
+$18.1M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$12.7M |
| 3 |
Two Sigma Investments
New York
|
+$1.91M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.62M |
| 5 |
HLA
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$9.45M |
| 2 |
DM
Deerfield Management
New York
|
-$1.53M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$1.27M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.2M |
| 5 |
VAM
Visium Asset Management
New York
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
1832 Asset Management
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
|
WA
77
Winfield Associates
Cleveland,
Ohio
| $5K | +$5.22K | +400 | New |
|
78
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | +$1.81K | +139 | New |
|
|
DM
79
Deerfield Management
New York
| – | -$1.53M | -155,236 | Closed |
|
|
VAM
80
Visium Asset Management
New York
| – | -$1.01M | -102,641 | Closed |
|
|
DM
81
Diker Management
New York
| – | -$355K | -36,013 | Closed |
|
82
Millennium Management
New York
| – | -$128K | -13,007 | Closed |
|
TRUP Hedge Fund Activity: Q2 2016 in Review
77 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Trupanion (TRUP) for Q2 2016, worth a combined $170M — up 62% from $105M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new TRUP positions and 4 closed out — a net gain of 19 holders — while 22 added to existing stakes and 22 trimmed.
The largest buyer was Immersion Capital, opening a new position worth an estimated $18.1M. The largest seller was Wasatch Advisors, cutting an estimated $9.45M.
- 77 institutional investors held Trupanion (TRUP) as of Q2 2016, up from 60 in Q1 2016.
- Funds reported $170M of Trupanion stock for Q2 2016, up 62% quarter-over-quarter.
- 23 funds opened new Trupanion positions in Q2 2016 and 4 closed out, a net change of +19 holders.
- The largest Trupanion buyer in Q2 2016 was Immersion Capital, an estimated $18.1M added.
- The largest Trupanion seller in Q2 2016 was Wasatch Advisors, an estimated $9.45M sold.
Based on aggregated 13F filings for Q2 2016.