TRU ranks #1117 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
TRU is a top-conviction position for Meritage Group LP — at 10.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in TRU belongs to Dodge & Cox, but the position matters far more to Meritage Group LP, who has 10.2% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Dodge & Cox has added to its TRU position for two straight quarters, increasing it by $901.6M to reach $1.7B today.
Wellington Management Group LLP has trimmed its TRU position for two straight quarters, cutting it by $528.5M while still holding $476.4M.
TRU is down 1.5% today, but institutions show net buying of $1.9B this quarter — a divergence between today's price move and the underlying institutional flow.