Trupanion
TRUP
84 hedge funds and large institutions have $257M invested in Trupanion in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 18 reducing their positions, and 8 closing their positions.
94% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 18
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
9% more capital invested
Capital invested by funds: $235M → $257M (+$22M)
8.23% more ownership
Funds ownership: 48.27% → 56.5% (+8.2%)
5% more funds holding
Funds holding: 80 → 84 (+4)
19% less call options, than puts
Call options by funds: $279K | Put options by funds: $345K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
+$28.9M |
| 2 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
+$11.7M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$8.15M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$1.61M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFLIT
Investmentaktiengesellschaft Fuer Langfristige Investoren TGV
Bonn,
Germany
|
-$4.16M |
| 2 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$3.22M |
| 3 |
BC
Broadfin Capital
New York
|
-$1.47M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$1.29M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.22M |
TRUP Hedge Fund Activity: Q4 2016 in Review
84 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Trupanion (TRUP) for Q4 2016, worth a combined $257M — up 9.4% from $235M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TRUP positions and 8 closed out — a net gain of 5 holders — while 35 added to existing stakes and 18 trimmed.
The largest buyer was Ruane, Cunniff & Goldfarb, opening a new position worth an estimated $28.9M. The largest seller was Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, cutting an estimated $4.16M.
- 84 institutional investors held Trupanion (TRUP) as of Q4 2016, up from 80 in Q3 2016.
- Funds reported $257M of Trupanion stock for Q4 2016, up 9.4% quarter-over-quarter.
- 13 funds opened new Trupanion positions in Q4 2016 and 8 closed out, a net change of +5 holders.
- The largest Trupanion buyer in Q4 2016 was Ruane, Cunniff & Goldfarb, an estimated $28.9M added.
- The largest Trupanion seller in Q4 2016 was Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, an estimated $4.16M sold.
Based on aggregated 13F filings for Q4 2016.