Trupanion
TRUP
166 hedge funds and large institutions have $1.1B invested in Trupanion in 2019 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 55 increasing their positions, 48 reducing their positions, and 17 closing their positions.
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
28% more capital invested
Capital invested by funds: $861M → $1.1B (+$243M)
15% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 48
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
2% more funds holding
Funds holding: 162 → 166 (+4)
1.59% less ownership
Funds ownership: 99.85% → 98.27% (-1.6%)
29% less call options, than puts
Call options by funds: $11.2M | Put options by funds: $15.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$13.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.2M |
| 3 |
ClearBridge Investments
New York
|
+$9.67M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$4.96M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$4.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BL
BCWM LLC
Overland Park,
Kansas
|
-$12.5M |
| 2 |
TA
Teachers Advisors
New York
|
-$8.1M |
| 3 |
SP
StackLine Partners
New York
|
-$7.3M |
| 4 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$5.41M |
| 5 |
CCI
Columbus Circle Investors
|
-$4.87M |
TRUP Hedge Fund Activity: Q1 2019 in Review
166 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Trupanion (TRUP) for Q1 2019, worth a combined $1.1B — up 28% from $861M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TRUP positions and 17 closed out — a net gain of 7 holders — while 55 added to existing stakes and 48 trimmed.
The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $13.6M. The largest seller was BCWM LLC, exiting entirely with an estimated $12.5M sold.
- 166 institutional investors held Trupanion (TRUP) as of Q1 2019, up from 162 in Q4 2018.
- Funds reported $1.1B of Trupanion stock for Q1 2019, up 28% quarter-over-quarter.
- 24 funds opened new Trupanion positions in Q1 2019 and 17 closed out, a net change of +7 holders.
- The largest Trupanion buyer in Q1 2019 was Intrinsic Edge Capital Management, an estimated $13.6M added.
- The largest Trupanion seller in Q1 2019 was BCWM LLC, an estimated $12.5M sold.
Based on aggregated 13F filings for Q1 2019.