Terex
303 hedge funds and large institutions have $2.6B invested in Terex in 2014 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 94 increasing their positions, 108 reducing their positions, and 53 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
11% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 53
1% more funds holding
Funds holding: 301 → 303 (+2)
0.97% less ownership
Funds ownership: 86.67% → 85.69% (-0.97%)
13% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 108
14% less capital invested
Capital invested by funds: $3.03B → $2.6B (-$429M)
25% less call options, than puts
Call options by funds: $64.1M | Put options by funds: $84.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$43.7M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$42.6M |
| 3 |
TA
Teachers Advisors
New York
|
+$21.7M |
| 4 |
Millennium Management
New York
|
+$21.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$124M |
| 2 |
Neuberger Berman Group
New York
|
-$40.5M |
| 3 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$34.5M |
| 4 |
Morgan Stanley
New York
|
-$29.1M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
-$19.4M |
TEX Hedge Fund Activity: Q4 2014 in Review
303 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q4 2014, worth a combined $2.6B — down 14% from $3.03B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new TEX positions and 53 closed out — a net gain of 6 holders — while 94 added to existing stakes and 108 trimmed.
The largest buyer was Boston Partners, adding an estimated $43.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $124M.
- 303 institutional investors held Terex (TEX) as of Q4 2014, up from 301 in Q3 2014.
- Funds reported $2.6B of Terex stock for Q4 2014, down 14% quarter-over-quarter.
- 59 funds opened new Terex positions in Q4 2014 and 53 closed out, a net change of +6 holders.
- The largest Terex buyer in Q4 2014 was Boston Partners, an estimated $43.7M added.
- The largest Terex seller in Q4 2014 was T. Rowe Price Associates, an estimated $124M sold.
Based on aggregated 13F filings for Q4 2014.