Terex
TEX
257 hedge funds and large institutions have $1.6B invested in Terex in 2015 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 106 increasing their positions, 78 reducing their positions, and 74 closing their positions.
57% more call options, than puts
Call options by funds: $43.3M | Put options by funds: $27.6M
36% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 78
11% less funds holding
Funds holding: 288 → 257 (-31)
11.18% less ownership
Funds ownership: 91.19% → 80.01% (-11%)
28% less capital invested
Capital invested by funds: $2.22B → $1.6B (-$618M)
41% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 74
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$36.2M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$32M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$19.3M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$17.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$118M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$88.7M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$30M |
| 4 |
AIM
Atlantic Investment Management
New York
|
-$21M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$14.1M |
TEX Hedge Fund Activity: Q3 2015 in Review
257 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q3 2015, worth a combined $1.6B — down 28% from $2.22B a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of TEX and 44 opened new positions — a net loss of 30 holders — while 78 trimmed existing stakes and 106 added.
The largest buyer was Millennium Management, adding an estimated $36.2M. The largest seller was Goldman Sachs, cutting an estimated $118M.
- 257 institutional investors held Terex (TEX) as of Q3 2015, down from 288 in Q2 2015.
- Funds reported $1.6B of Terex stock for Q3 2015, down 28% quarter-over-quarter.
- 44 funds opened new Terex positions in Q3 2015 and 74 closed out, a net change of -30 holders.
- The largest Terex buyer in Q3 2015 was Millennium Management, an estimated $36.2M added.
- The largest Terex seller in Q3 2015 was Goldman Sachs, an estimated $118M sold.
Based on aggregated 13F filings for Q3 2015.