Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

TRINET GROUP INC (TNET)

243 + Investors. Track Smart Money conviction in TNET. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -14
Streak
1Q ▼
Buyers last Q
58%

Smart Money Signals — TNET

Based on 245 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their TNET positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 88% of 3.0Y peak

88% of all-time peak
245 funds currently hold this stock — 88% of the 3.0-year high of 278 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding TNET is almost the same as a year ago (+0 funds, +0% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 58% buying

163 buying118 selling
Last quarter: 163 funds bought or added vs 118 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~47 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 47 → 41 → 46 → 47. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 20% medium ■ 20% new
148 out of 245 hedge funds have held TNET for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -5%, value -47%

Value
-47%
Shares
-4%
Last quarter: funds added -5% more shares while total portfolio value only changed -47%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~47 new funds/quarter

50 → 47 → 41 → 46 → 47 new funds/Q
New funds entering each quarter: 47 → 41 → 46 → 47. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 66% of holders stayed 2+ years

■ 66% veterans ■ 11% 1-2yr ■ 23% new
Of 247 current holders: 164 (66%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 25% AUM from major funds

25% from top-100 AUM funds
51 of 245 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TNET

In 2026 Q1, 163 hedge funds were net buyers of TNET (47 opened a new position, 116 added to an existing one), while 118 reduced or exited (57 trimmed, 61 sold completely) — a 58% buyer ratio, indicating a slight buying edge. 25% of total institutional value in TNET is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -14 funds (more exits than new entries). Total institutional holders: 245.

Hedge Fund Ownership: TNET

How many hedge funds hold TNET — quarterly history vs. share price
Quarterly hedge fund ownership of TNET vs. share price

Market Analysis: TNET

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TNET

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy TRINET GROUP INC (TNET) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TNET has moved relative to its sector benchmark (XLI) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 72d ago
TNET
nan%
XLI
nan%

TNET outperformed XLI by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 27d ago
TNET
nan%
XLI
nan%

Since the filing became public, TNET outperformed XLI by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

25 top-rated funds 0 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
0.5
/ 10
conviction
Hedge Fund Positioning: TNET
243 + Investors

Track Smart Money conviction in TNET. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 243 259 -6.18%
13F Shares 44M 46M -4.71%
Total Value $1.59B $3.01B -47.25%
New Positions 46 46 -
Increased Positions 115 79 +36
Closed Positions 62 44 +18
Reduced Positions 55 105 -50
Total Calls 3 4 -25.0%
Total Puts 0 4 -100.0%
PUT/CALL Ratio 0.0 1.0 Bullish

Statistics: TNET

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

243 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TNET. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of TNET — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Atairos Group, Inc. 54.05% 18,085,773 $658.9M
2 Alpine Peaks Capital, LP 1.68% 45,650 $1.7M
3 Heron Bay Capital Management 0.97% 288,397 $10.5M
4 ArrowMark Colorado Holdings LLC 0.63% 649,180 $23.6M
5 GHE, LLC 0.39% 7,042 $936K
6 VARCOV Co. 0.36% 26,560 $968K
7 EARNEST PARTNERS LLC 0.24% 1,603,167 $58.4M
8 VIRTUS ADVISERS, LLC 0.22% 12,754 $465K
9 FRONTIER CAPITAL MANAGEMENT CO LLC 0.22% 576,089 $21.0M
10 Dynamic Technology Lab Private Ltd 0.19% 32,629 $1.2M
11 OXFORD ASSET MANAGEMENT LLP 0.18% 11,504 $419K
12 HUSSMAN STRATEGIC ADVISORS, INC. 0.17% 21,000 $765K
13 Optimize Financial Inc 0.16% 9,005 $328K
14 FOX RUN MANAGEMENT, L.L.C. 0.16% 24,427 $922K
15 New Vernon Capital Holdings II LLC 0.15% 5,511 $201K
16 Mirador Capital Partners LP 0.13% 26,087 $950K
17 Gallacher Capital Management LLC 0.13% 9,484 $346K
18 Cinctive Capital Management LP 0.11% 45,588 $1.7M
19 Bayforest Capital Ltd 0.10% 2,542 $93K
20 MOORE CAPITAL MANAGEMENT, LP 0.10% 136,836 $5.0M
21 JACOBS LEVY EQUITY MANAGEMENT, INC 0.08% 499,257 $18.2M
22 GSA CAPITAL PARTNERS LLP 0.07% 29,699 $1K
23 AlphaQuest LLC 0.07% 19,880 $1.2M
24 Morningstar Investment Management LLC 0.06% 27,923 $1.0M
25 Engineers Gate Manager LP 0.06% 135,387 $4.9M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — TRINET GROUP INC (TNET)

What does the Smart Money Trend signal show for TNET?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TNET positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for TNET?

Slight buying edge — 58% buying: Last quarter: 163 funds bought or added vs 118 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TNET holders?

Strong quality — 25% AUM from major funds: 51 of 245 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held TNET?

60% of holders stayed for 2+ years: 148 out of 245 hedge funds have held TNET for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy TRINET GROUP INC (TNET) following the 2026 Q1 hedge fund 13F filings?

As of today, TNET has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to nan% for the XLI sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), TNET has gained nan% vs nan% for XLI. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →