TRINET GROUP INC TNET
COM · Common Stock · CUSIP 896288107
Business administrative services company
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersDublin, CA
- Founded1988
- Websitetrinet.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.5m this quarter). Holder counts are more reliable. Shares outstanding: 45.9m as of 2026-07-23, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $49.51. Options: 5 managers hold calls ($2.2m notional), 3 hold puts ($1.5m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 249 |
| Q4 2022 | 234 |
| Q1 2023 | 227 |
| Q2 2023 | 247 |
| Q3 2023 | 251 |
| Q4 2023 | 283 |
| Q1 2024 | 285 |
| Q2 2024 | 268 |
| Q3 2024 | 267 |
| Q4 2024 | 244 |
| Q1 2025 | 250 |
| Q2 2025 | 257 |
| Q3 2025 | 262 |
| Q4 2025 | 261 |
| Q1 2026 | 247 |
| Q2 2026 | 279 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 128 | 134 |
| Q4 2024 | 121 | 141 |
| Q1 2025 | 142 | 115 |
| Q2 2025 | 138 | 125 |
| Q3 2025 | 147 | 117 |
| Q4 2025 | 119 | 141 |
| Q1 2026 | 158 | 114 |
| Q2 2026 | 151 | 112 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $4.9m | $2.5m | 0.52 |
| Q4 2025 | $5.0m | $2.5m | 0.51 |
| Q1 2026 | $6.3m | $3.6k | 0.00 |
| Q2 2026 | $2.2m | $1.5m | 0.69 |
Biggest buyers
| AQR CAPITAL MANAGEMENT LLC | Added | +312.6k |
| Point72 Asset Management, L.P. | Added | +251.5k |
| ALGERT GLOBAL LLC | Added | +187.3k |
| BlackRock, Inc. | Added | +161.4k |
| SG Americas Securities, LLC | Added | +161.1k |
| Edgestream Partners, L.P. | New | +153.4k |
| MORGAN STANLEY | Added | +145.0k |
| Nuveen, LLC | Added | +136.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +116.5k |
| Qube Research & Technologies Ltd | New | +102.2k |
Biggest sellers
| ArrowMark Colorado Holdings LLC | Sold out | -649.2k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -180.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -173.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -147.4k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -136.5k |
| Man Group plc | Reduced | -132.8k |
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -132.0k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -126.6k |
| JPMORGAN CHASE & CO | Reduced | -120.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Reduced | -114.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $940.3k19.0k shares |
| D. E. Shaw & Co., Inc. | New | $692.9k14.0k shares |
| CITADEL ADVISORS LLC | New | $425.6k8.6k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $148.5k3.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $9.9k200 shares |
Biggest puts
| CITADEL ADVISORS LLC | New | $1.3m27.1k shares |
| WOLVERINE ASSET MANAGEMENT LLC | New | $193.0k3.9k shares |
| SIMPLEX TRADING, LLC | Unchanged | $4.9k100 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 2 | $418.6k | $418.6k |
| Q1 2025 | 1 | $993.5k | 2 | $833.4k | $833.4k |
| Q2 2025 | 0 | — | 3 | $222.5k | $180.9k |
| Q3 2025 | 0 | — | 5 | $560.6k | $361.4k |
| Q4 2025 | 0 | — | 4 | $200.4k | $200.4k |
| Q1 2026 | 1 | $188.5k | 2 | $68.3k | $68.3k |
| Q2 2026 | 0 | — | 2 | $69.2k | $69.2k |
| Q3 2026 | 0 | — | 4 | $691.6k | $127.7k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-27 | Chamberlain Paul Edward Director | Sold | $167.3k2.4k shares |
| 2026-08-20 | Majalya Sidney A. SVP, CLO and Secretary | Sold plan | $53.1k775 shares |
| 2026-08-19 | Treadway Anthony Shea SVP, Chief Revenue Officer | Sold plan | $74.5k1.1k shares |
| 2026-08-04 | LOWELL WAYNE B Director · By Trust | Sold | $396.7k5.8k shares |
| 2026-05-19 | Treadway Anthony Shea SVP, Chief Revenue Officer | Sold plan | $40.5k933 shares |
| 2026-04-01 | Majalya Sidney A. SVP, CLO and Secretary | Sold plan | $28.7k775 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Atairos Group, Inc. 50.98% of their portfolio | 18.1m $895.1m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 2.6m $128.2m | Added +161.4k |
| EARNEST PARTNERS LLC 0.27% of their portfolio | 1.5m $76.1m | Reduced -65.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 1.3m $64.9m | Reduced -114.5k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.2m $58.3m | Reduced -132.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 1.1m $52.9m | Reduced -136.5k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 922.3k $45.6m | Reduced -180.8k |
| Point72 Asset Management, L.P. 0.06% of their portfolio | 826.5k $40.9m | Added +251.5k |
| STATE STREET CORP 0.00% of their portfolio | 737.7k $36.5m | Added +23.0k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 724.8k $35.9m | Reduced -126.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 718.7k $35.6m | Added +5.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 657.2k $34.2m | Reduced -18.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.11% of their portfolio | 615.7k $30.5m | Added +116.5k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 605.8k $30.0m | Added +312.6k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.26% of their portfolio | 569.0k $28.2m | Reduced -7.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 544.8k $27.0m | Reduced -147.4k |
| MORGAN STANLEY 0.00% of their portfolio | 539.8k $26.7m | Added +145.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 503.4k $24.9m | Reduced -1.8k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 477.1k $23.6m | Added +69.1k |
| Nuveen, LLC 0.00% of their portfolio | 381.9k $18.9m | Added +136.0k |
| BARCLAYS PLC 0.01% of their portfolio | 353.0k $17.5m | Reduced -73.6k |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 298.7k $14.8m | Added +43.6k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 281.7k $13.6m | Added +30.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 280.3k $13.9m | Added +3.0k |
| Man Group plc 0.03% of their portfolio | 277.9k $13.8m | Reduced -132.8k |
| SG Americas Securities, LLC 0.01% of their portfolio | 262.1k $13.0m | Added +161.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 261.0k $12.9m | Reduced -760 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 258.9k $12.8m | Reduced -55.6k |
| Heron Bay Capital Management 1.16% of their portfolio | 258.8k $12.8m | Reduced -29.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 248.2k $12.3m | Added +777 |
| Jupiter Topco LLC 0.00% of their portfolio | 245.5k $12.1m | First filing |
| Pacer Advisors, Inc. 0.03% of their portfolio | 208.7k $10.3m | Reduced -27.3k |
| FMR LLC 0.00% of their portfolio | 206.8k $10.2m | Added +71.1k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 200.7k $9.9m | Reduced -2.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 200.3k $9.9m | Reduced -173.2k |
| ALGERT GLOBAL LLC 0.11% of their portfolio | 194.4k $9.6m | Added +187.3k |
| Quantinno Capital Management LP 0.01% of their portfolio | 160.7k $8.0m | Added +25.2k |
| MOORE CAPITAL MANAGEMENT, LP 0.18% of their portfolio | 159.3k $7.9m | Added +22.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 158.4k $7.8m | Added +15.1k |
| Edgestream Partners, L.P. 0.23% of their portfolio | 153.4k $7.6m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 152.5k $7.5m | Added +15.6k |
| Creative Planning 0.00% of their portfolio | 150.5k $7.4m | Added +75.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 149.1k $7.4m | Added +15.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 147.7k $7.3m | Reduced -78.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 135.6k $6.7m | Reduced -4.6k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 123.1k $6.1m | Reduced -81.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 122.5k $6.1m | Added +87.7k |
| Summit Trail Advisors, LLC 0.07% of their portfolio | 114.4k $5.7m | Added +493 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 113.9k $5.6m | Added +76.8k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 103.4k $5.1m | Added +12.9k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 102.2k $5.1m | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 91.5k $4.5m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 88.9k $4.4m | Added +7.0k |
| Corient Private Wealth LP 0.01% of their portfolio | 80.7k $4.0m | Added +19.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 79.8k $3.9m | Added +10.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 75.5k $3.7m | Added +59.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 72.9k $3.6m | Reduced -532 |
| GSA CAPITAL PARTNERS LLP 0.23% of their portfolio | 72.8k $3.6m | Added +43.1k |
| Y-Intercept (Hong Kong) Ltd 0.07% of their portfolio | 70.7k $3.5m | Added +11.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 70.7k $3.5m | Added +18.9k |
| NORGES BANK 0.00% of their portfolio | 67.2k $3.3m | Not comparable |
| IEQ CAPITAL, LLC 0.02% of their portfolio | 65.9k $3.3m | Added +45.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 59.9k $3.1m | Reduced -120.4k |
| Swiss National Bank 0.00% of their portfolio | 55.6k $2.8m | Reduced -6.7k |
| CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio | 55.2k $2.7m | Reduced -27.9k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 53.6k $2.7m | Added +11.2k |
| CLARK ESTATES INC/NY 0.60% of their portfolio | 52.5k $2.6m | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 52.0k $2.6m | Reduced -55.8k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.02% of their portfolio | 46.1k $2.3m | Added +336 |
| Cinctive Capital Management LP 0.09% of their portfolio | 45.0k $2.2m | Reduced -614 |
| IFG Advisory, LLC 0.08% of their portfolio | 44.1k $2.2m | New |
| Brevan Howard Capital Management LP 0.03% of their portfolio | 43.5k $2.2m | Added +691 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 43.3k $2.1m | Added +6.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 43.1k $2.1m | Reduced -5.5k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.03% of their portfolio | 42.2k $2.1m | Reduced -2.0k |
| Invesco Ltd. 0.00% of their portfolio | 41.5k $2.1m | Reduced -485 |
| Mariner, LLC 0.00% of their portfolio | 38.8k $1.9m | Added +24.2k |
| Engineers Gate Manager LP 0.02% of their portfolio | 38.7k $1.9m | Reduced -96.7k |
| XTX Topco Ltd 0.02% of their portfolio | 38.1k $1.9m | Reduced -19.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 37.8k $1.9m | Reduced -1.3k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 36.4k $1.8m | Added +27.8k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 31.8k $1.6m | Added +2.4k |
| UBS Group AG 0.00% of their portfolio | 31.3k $1.5m | Reduced -83.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 31.2k $1.5m | Reduced -11.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 31.1k $1.5m | New |
| GHP Investment Advisors, Inc. 0.06% of their portfolio | 30.4k $1.5m | Reduced -2.3k |
| VARCOV Co. 0.57% of their portfolio | 30.4k $1.5m | Added +3.8k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 28.6k $1.4m | Added +25 |
| ZACKS INVESTMENT MANAGEMENT 0.01% of their portfolio | 28.5k $1.4m | New |
| Mirador Capital Partners LP 0.17% of their portfolio | 28.3k $1.4m | Added +2.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 28.1k $1.0m | Reduced -4.5k |
| Morningstar Investment Management LLC 0.06% of their portfolio | 27.9k $1.0m | Unchanged |
| JENNISON ASSOCIATES LLC 0.00% of their portfolio | 27.0k $1.3m | Added +738 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 26.8k $1.3m | Added +4.7k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 26.4k $1.3m | Unchanged |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 26.2k $1.3m | Reduced -2.6k |
| Cerity Partners LLC 0.00% of their portfolio | 25.1k $1.2m | Added +11.9k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 24.9k $1.2m | Added +4.1k |
| Legal & General Group Plc 0.00% of their portfolio | 24.8k $1.2m | Reduced -1.7k |
| GHE, LLC 0.46% of their portfolio | 24.6k $1.2m | Reduced -1.1k |