Terex
291 hedge funds and large institutions have $2.61B invested in Terex in 2015 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 99 increasing their positions, 103 reducing their positions, and 61 closing their positions.
15% more call options, than puts
Call options by funds: $67.5M | Put options by funds: $58.9M
4% more ownership
Funds ownership: 85.69% → 89.69% (+4%)
0% more capital invested
Capital invested by funds: $2.6B → $2.61B (+$6.04M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 103
4% less funds holding
Funds holding: 303 → 291 (-12)
13% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
+$71M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$51M |
| 3 |
Goldman Sachs
New York
|
+$44.2M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$43M |
| 5 |
ACG
Anchorage Capital Group
New York
|
+$37.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$89.7M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$37.6M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$31M |
| 4 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$22.5M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$21.2M |
TEX Hedge Fund Activity: Q1 2015 in Review
291 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Terex (TEX) for Q1 2015, worth a combined $2.61B — up 0.23% from $2.6B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of TEX and 53 opened new positions — a net loss of 8 holders — while 103 trimmed existing stakes and 99 added.
The largest buyer was Gotham Asset Management, adding an estimated $71M. The largest seller was Pennant Capital Management, exiting entirely with an estimated $89.7M sold.
- 291 institutional investors held Terex (TEX) as of Q1 2015, down from 303 in Q4 2014.
- Funds reported $2.61B of Terex stock for Q1 2015, up 0.23% quarter-over-quarter.
- 53 funds opened new Terex positions in Q1 2015 and 61 closed out, a net change of -8 holders.
- The largest Terex buyer in Q1 2015 was Gotham Asset Management, an estimated $71M added.
- The largest Terex seller in Q1 2015 was Pennant Capital Management, an estimated $89.7M sold.
Based on aggregated 13F filings for Q1 2015.