Terex
TEX
252 hedge funds and large institutions have $1.81B invested in Terex in 2016 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 94 increasing their positions, 80 reducing their positions, and 55 closing their positions.
27% more call options, than puts
Call options by funds: $36.8M | Put options by funds: $29M
18% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 80
2.6% more ownership
Funds ownership: 78.91% → 81.52% (+2.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 271 → 252 (-19)
14% less capital invested
Capital invested by funds: $2.11B → $1.81B (-$304M)
31% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$111M |
| 2 |
Pzena Investment Management
New York
|
+$54M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$44M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$37.4M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$26.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$42.2M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$39M |
| 3 |
TAL
TIG Advisors LLC
New York
|
-$37.8M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$22.7M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$20.4M |
TEX Hedge Fund Activity: Q2 2016 in Review
252 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q2 2016, worth a combined $1.81B — down 14% from $2.11B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of TEX and 38 opened new positions — a net loss of 17 holders — while 80 trimmed existing stakes and 94 added.
The largest buyer was Morgan Stanley, adding an estimated $111M. The largest seller was Sculptor Capital, exiting entirely with an estimated $42.2M sold.
- 252 institutional investors held Terex (TEX) as of Q2 2016, down from 271 in Q1 2016.
- Funds reported $1.81B of Terex stock for Q2 2016, down 14% quarter-over-quarter.
- 38 funds opened new Terex positions in Q2 2016 and 55 closed out, a net change of -17 holders.
- The largest Terex buyer in Q2 2016 was Morgan Stanley, an estimated $111M added.
- The largest Terex seller in Q2 2016 was Sculptor Capital, an estimated $42.2M sold.
Based on aggregated 13F filings for Q2 2016.