Trupanion
TRUP
196 hedge funds and large institutions have $2.73B invested in Trupanion in 2020 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 48 increasing their positions, 61 reducing their positions, and 28 closing their positions.
121% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 28
82% more capital invested
Capital invested by funds: $1.5B → $2.73B (+$1.23B)
20% more funds holding
Funds holding: 164 → 196 (+32)
5% more call options, than puts
Call options by funds: $43.8M | Put options by funds: $41.9M
2.21% less ownership
Funds ownership: 100.26% → 98.05% (-2.2%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
21% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$73.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27M |
| 3 |
JP Morgan Chase
New York
|
+$24.5M |
| 4 |
State Street
Boston,
Massachusetts
|
+$18.3M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
-$60.9M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$34.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$32.3M |
| 4 |
GLCM
Greenlea Lane Capital Management
Weston,
Connecticut
|
-$23.3M |
| 5 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$12.8M |
TRUP Hedge Fund Activity: Q3 2020 in Review
196 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Trupanion (TRUP) for Q3 2020, worth a combined $2.73B — up 82% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new TRUP positions and 28 closed out — a net gain of 34 holders — while 48 added to existing stakes and 61 trimmed.
The largest buyer was BlackRock, adding an estimated $73.4M. The largest seller was Nine Ten Capital Management, cutting an estimated $60.9M.
- 196 institutional investors held Trupanion (TRUP) as of Q3 2020, up from 164 in Q2 2020.
- Funds reported $2.73B of Trupanion stock for Q3 2020, up 82% quarter-over-quarter.
- 62 funds opened new Trupanion positions in Q3 2020 and 28 closed out, a net change of +34 holders.
- The largest Trupanion buyer in Q3 2020 was BlackRock, an estimated $73.4M added.
- The largest Trupanion seller in Q3 2020 was Nine Ten Capital Management, an estimated $60.9M sold.
Based on aggregated 13F filings for Q3 2020.