Terex
245 hedge funds and large institutions have $3.31B invested in Terex in 2017 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 70 increasing their positions, 100 reducing their positions, and 46 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
81% more call options, than puts
Call options by funds: $43.2M | Put options by funds: $23.9M
17% more capital invested
Capital invested by funds: $2.84B → $3.31B (+$471M)
5.08% more ownership
Funds ownership: 85.32% → 90.4% (+5.1%)
5% less funds holding
Funds holding: 257 → 245 (-12)
26% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 46
30% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 100
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$54.9M |
| 2 |
TCIM
TIAA CREF Investment Management
New York
|
+$41.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$28.8M |
| 4 |
1C
1060 Capital
Denver,
Colorado
|
+$23.2M |
| 5 |
Jennison Associates
New York
|
+$20M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$35.2M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$27M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$21.9M |
| 4 |
Pzena Investment Management
New York
|
-$19M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$18.6M |
TEX Hedge Fund Activity: Q2 2017 in Review
245 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q2 2017, worth a combined $3.31B — up 17% from $2.84B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of TEX and 34 opened new positions — a net loss of 12 holders — while 100 trimmed existing stakes and 70 added.
The largest buyer was JP Morgan Chase, adding an estimated $54.9M. The largest seller was Morgan Stanley, cutting an estimated $35.2M.
- 245 institutional investors held Terex (TEX) as of Q2 2017, down from 257 in Q1 2017.
- Funds reported $3.31B of Terex stock for Q2 2017, up 17% quarter-over-quarter.
- 34 funds opened new Terex positions in Q2 2017 and 46 closed out, a net change of -12 holders.
- The largest Terex buyer in Q2 2017 was JP Morgan Chase, an estimated $54.9M added.
- The largest Terex seller in Q2 2017 was Morgan Stanley, an estimated $35.2M sold.
Based on aggregated 13F filings for Q2 2017.