Terex
214 hedge funds and large institutions have $1.14B invested in Terex in 2020 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 63 increasing their positions, 84 reducing their positions, and 47 closing their positions.
28% more capital invested
Capital invested by funds: $893M → $1.14B (+$249M)
0.03% more ownership
Funds ownership: 88.1% → 88.12% (+0.03%)
7% less funds holding
Funds holding: 229 → 214 (-15)
18% less call options, than puts
Call options by funds: $4.54M | Put options by funds: $5.56M
25% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 84
30% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 47
Top Buyers
| 1 |
Pzena Investment Management
New York
|
+$20M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$16M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$10.9M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$8.77M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$7.23M |
Top Sellers
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$14.9M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$12.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.2M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$10.1M |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$9.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SF
251
Synovus Financial
Columbus,
Georgia
| – | -$1K | -82 | Closed |
|
|
EW
252
Evoke Wealth
Los Angeles,
California
| – | -$976 | -68 | Closed |
|
253
Twin Tree Management
Dallas,
Texas
| – | -$1K | -62 | Closed |
|
|
GAM
254
Gemmer Asset Management
Walnut Creek,
California
| – | -$1K | -58 | Closed |
|
|
WT
255
Washington Trust
Westerly,
Rhode Island
| – | -$1K | -48 | Closed |
|
256
EARNEST Partners
Atlanta,
Georgia
| – | -$1K | -41 | Closed |
|
|
GWS
257
Glassman Wealth Services
Vienna,
Virginia
| – | -$398 | -25 | -78% |
|
|
PAG
258
Private Advisor Group
Morristown,
New Jersey
| – | +$414 | +26 | New |
|
TEX Hedge Fund Activity: Q2 2020 in Review
214 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q2 2020, worth a combined $1.14B — up 28% from $893M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of TEX and 33 opened new positions — a net loss of 14 holders — while 84 trimmed existing stakes and 63 added.
The largest buyer was Pzena Investment Management, adding an estimated $20M. The largest seller was AllianceBernstein, cutting an estimated $14.9M.
- 214 institutional investors held Terex (TEX) as of Q2 2020, down from 229 in Q1 2020.
- Funds reported $1.14B of Terex stock for Q2 2020, up 28% quarter-over-quarter.
- 33 funds opened new Terex positions in Q2 2020 and 47 closed out, a net change of -14 holders.
- The largest Terex buyer in Q2 2020 was Pzena Investment Management, an estimated $20M added.
- The largest Terex seller in Q2 2020 was AllianceBernstein, an estimated $14.9M sold.
Based on aggregated 13F filings for Q2 2020.