Terex
TEX
313 hedge funds and large institutions have $3.82B invested in Terex in 2017 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 82 increasing their positions, 123 reducing their positions, and 30 closing their positions.
123% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 30
13% more funds holding
Funds holding: 277 → 313 (+36)
1.84% more ownership
Funds ownership: 92.47% → 94.31% (+1.8%)
3% more capital invested
Capital invested by funds: $3.72B → $3.82B (+$103M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
33% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 123
61% less call options, than puts
Call options by funds: $23.1M | Put options by funds: $58.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$39M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$33.1M |
| 3 |
SIM
Sadoff Investment Management
Milwaukee,
Wisconsin
|
+$20.7M |
| 4 |
O
OppenheimerFunds
New York
|
+$17.1M |
| 5 |
Goldman Sachs
New York
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
-$58.5M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
-$52.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$33.4M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$30.8M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$26.9M |
TEX Hedge Fund Activity: Q4 2017 in Review
313 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q4 2017, worth a combined $3.82B — up 2.8% from $3.72B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new TEX positions and 30 closed out — a net gain of 37 holders — while 82 added to existing stakes and 123 trimmed.
The largest buyer was Prudential Financial, adding an estimated $39M. The largest seller was Pzena Investment Management, cutting an estimated $58.5M.
- 313 institutional investors held Terex (TEX) as of Q4 2017, up from 277 in Q3 2017.
- Funds reported $3.82B of Terex stock for Q4 2017, up 2.8% quarter-over-quarter.
- 67 funds opened new Terex positions in Q4 2017 and 30 closed out, a net change of +37 holders.
- The largest Terex buyer in Q4 2017 was Prudential Financial, an estimated $39M added.
- The largest Terex seller in Q4 2017 was Pzena Investment Management, an estimated $58.5M sold.
Based on aggregated 13F filings for Q4 2017.