Terex
277 hedge funds and large institutions have $3.72B invested in Terex in 2017 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 55 increasing their positions, 134 reducing their positions, and 18 closing their positions.
189% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 18
13% more funds holding
Funds holding: 245 → 277 (+32)
13% more capital invested
Capital invested by funds: $3.31B → $3.72B (+$414M)
2.07% more ownership
Funds ownership: 90.4% → 92.47% (+2.1%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
59% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 134
63% less call options, than puts
Call options by funds: $21.2M | Put options by funds: $57.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Marcato Capital Management
San Francisco,
California
|
+$71.2M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$37.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$31.9M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$22.3M |
| 5 |
JP Morgan Chase
New York
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$77.8M |
| 2 |
Goldman Sachs
New York
|
-$40.8M |
| 3 |
BlackRock
New York
|
-$39.7M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$31.5M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$31.3M |
TEX Hedge Fund Activity: Q3 2017 in Review
277 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q3 2017, worth a combined $3.72B — up 13% from $3.31B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new TEX positions and 18 closed out — a net gain of 34 holders — while 55 added to existing stakes and 134 trimmed.
The largest buyer was Marcato Capital Management, adding an estimated $71.2M. The largest seller was Morgan Stanley, cutting an estimated $77.8M.
- 277 institutional investors held Terex (TEX) as of Q3 2017, up from 245 in Q2 2017.
- Funds reported $3.72B of Terex stock for Q3 2017, up 13% quarter-over-quarter.
- 52 funds opened new Terex positions in Q3 2017 and 18 closed out, a net change of +34 holders.
- The largest Terex buyer in Q3 2017 was Marcato Capital Management, an estimated $71.2M added.
- The largest Terex seller in Q3 2017 was Morgan Stanley, an estimated $77.8M sold.
Based on aggregated 13F filings for Q3 2017.