Texas Roadhouse
TXRH
246 hedge funds and large institutions have $2.8B invested in Texas Roadhouse in 2016 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 90 increasing their positions, 80 reducing their positions, and 25 closing their positions.
84% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 25
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
26% more capital invested
Capital invested by funds: $2.23B → $2.8B (+$573M)
13% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 80
7% more funds holding
Funds holding: 229 → 246 (+17)
44% less call options, than puts
Call options by funds: $2.83M | Put options by funds: $5.05M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$84.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$39.2M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$28.6M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$24.6M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$21.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$25.2M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$21.5M |
| 3 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$17.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.3M |
| 5 |
MC
MIG Capital
Newport Beach,
California
|
-$15.2M |
TXRH Hedge Fund Activity: Q1 2016 in Review
246 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Texas Roadhouse (TXRH) for Q1 2016, worth a combined $2.8B — up 26% from $2.23B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new TXRH positions and 25 closed out — a net gain of 21 holders — while 90 added to existing stakes and 80 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $84.7M. The largest seller was Point72 Asset Management, exiting entirely with an estimated $25.2M sold.
- 246 institutional investors held Texas Roadhouse (TXRH) as of Q1 2016, up from 229 in Q4 2015.
- Funds reported $2.8B of Texas Roadhouse stock for Q1 2016, up 26% quarter-over-quarter.
- 46 funds opened new Texas Roadhouse positions in Q1 2016 and 25 closed out, a net change of +21 holders.
- The largest Texas Roadhouse buyer in Q1 2016 was AllianceBernstein, an estimated $84.7M added.
- The largest Texas Roadhouse seller in Q1 2016 was Point72 Asset Management, an estimated $25.2M sold.
Based on aggregated 13F filings for Q1 2016.